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    Property profile & analytics

    8 Dewitt St Lu Verne, IA 50560

    • Turn key restaurants
    • 4,875 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0690133
    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 8 Dewitt St

    Year built
    1950
    Lot size
    0.15 lot acres
    Property size
    4,875 SF
    Property type
    Turn key restaurants
    APN
    28-31-357-012
    APU
    2831357012

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lu Verne
    County
    Kossuth
    State
    Iowa
    Longitude
    -94.0849
    Latitude
    42.9086

    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
    2021
    $5
    $2,500
    $57,088
    $59,588
    -
    $2,500
    $57,088
    $59,588

    Comparable in this City

    • Value Estimation
      $65,000
      4,130 SF

      17 Dewitt St

      RESTAURANT • 4,130 SF
      17 Dewitt St, Lu Verne, IA 50560-7715
      View Details
    • Value Estimation by Request
      2,716 SF

      11 Dewitt St

      NIGHTCLUB (COCKTAIL LOUNGE) • 2,716 SF
      11 Dewitt St, Lu Verne, IA 50560-7715
      View Details
    • Value Estimation by Request
      3,496 SF

      303 Hull St

      RETAIL STORES (PERSONAL SERVICES) • 3,496 SF
      303 Hull St, Lu Verne, IA 50560
      View Details
    • Value Estimation
      $45,000
      1,876 SF

      5 Dewitt St

      BARBER, HAIR SALON • 1,876 SF
      5 Dewitt St, Lu Verne, IA 50560
      View Details
    • Value Estimation by Request
      1,440 SF

      401 Kossuth Ave

      SERVICE STATION (FULL SERVICE) • 1,440 SF
      401 Kossuth Ave, Lu Verne, IA 50560
      View Details
    • Value Estimation
      $210,000
      10,500 SF

      1001 Kossuth Ave

      AUTO REPAIR, GARAGE • 10,500 SF
      1001 Kossuth Ave, Lu Verne, IA 50560-5012
      View Details
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    8 Dewitt St
    Lu Verne, IA 50560
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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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