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    Property profile & analytics

    7247 Main St Iola, TX 77861

    • Commercial real estate
    • 2,062 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 04, 2025
    Location Intelligence
    Property ID
    US82-8153174
    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

    • Mallett Brothers Barbeque and Grill / Barbecue Restaurant

    Property Details for 7247 Main St

    Year built
    1974
    Lot size
    0.16 lot acres
    Property size
    2,062 SF
    Property type
    Commercial real estate
    APN
    R34819
    APU
    R34819

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Iola
    County
    Grimes
    State
    Texas
    Longitude
    -96.0757
    Latitude
    30.7715

    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
    $1,644
    $4,200
    $92,074
    $96,274
    -
    $4,200
    $92,074
    $96,274

    Comparable in this City

    • Value Estimation by Request
      1,440 SF

      7153 Commerce St

      COMMERCIAL (GENERAL) • 1,440 SF
      7153 Commerce St, Iola, TX 77861
      View Details
    • Value Estimation by Request
      6,500 SF

      Main St

      COMMERCIAL (GENERAL) • 6,500 SF
      Main St, Iola, TX 77861
      View Details
    • Value Estimation by Request
      1,724 SF

      Main St

      COMMERCIAL (GENERAL) • 1,724 SF
      Main St, Iola, TX 77861
      View Details
    • Value Estimation
      $375,000
      10.00 Acres

      16556 Fm 244

      COMMERCIAL (GENERAL) • 10.00 Acres
      16556 Fm 244, Iola, TX 77861-3658
      View Details
    • Value Estimation by Request
      3,000 SF

      Iola, TX 77861

      COMMERCIAL (GENERAL) • 3,000 SF
      Iola, TX 77861
      View Details
    • Value Estimation by Request
      4,100 SF

      23037 Colorado Ave

      COMMERCIAL (GENERAL) • 4,100 SF
      23037 Colorado Ave, Iola, TX 77861
      View Details

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    7247 Main St
    Iola, TX 77861
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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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