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    Property profile & analytics

    700 Hwy 57 Parkersburg, IA 50665

    • Turn key restaurants
    • 2,574 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $215,000
    Location Intelligence
    Property ID
    US25-0572173
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 700 Hwy 57

    Year built
    2009
    Lot size
    0.25 lot acres
    Property size
    2,574 SF
    Property type
    Turn key restaurants
    APN
    1531126020
    APU
    1531126020

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Parkersburg
    County
    Butler
    State
    Iowa
    Longitude
    -92.7856
    Latitude
    42.5701

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $4,914
    $13,590
    $262,620
    $276,210
    -
    $13,590
    $262,620
    $276,210

    Comparable in this City

    • Value Estimation by Request
      5,392 SF

      207 3rd St

      RESTAURANT • 5,392 SF
      207 3rd St, Parkersburg, IA 50665-7760
      View Details
    • Value Estimation by Request
      3,648 SF

      205 3rd St

      RESTAURANT • 3,648 SF
      205 3rd St, Parkersburg, IA 50665-7728
      View Details
    • Value Estimation by Request
      1,200 SF

      703 6th St

      RESTAURANT • 1,200 SF
      703 6th St, Parkersburg, IA 50665-1004
      View Details
    • Value Estimation by Request
      3,508 SF

      235 3rd St

      BAR, TAVERN • 3,508 SF
      235 3rd St, Parkersburg, IA 50665-7767
      View Details
    • Value Estimation by Request
      3,484 SF

      241 3rd St

      BAR, TAVERN • 3,484 SF
      241 3rd St, Parkersburg, IA 50665-7766
      View Details
    • Value Estimation by Request
      5,440 SF

      226 3rd St

      RETAIL STORES (PERSONAL SERVICES) • 5,440 SF
      226 3rd St, Parkersburg, IA 50665-7730
      View Details

    Similar Nearby for Sale

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      Commercial property with endless possibilities in Parkersburg, Iowa.
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    700 Hwy 57
    Parkersburg, IA 50665
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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