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Financial
Distress signals
Property profile

815 Congress St Nora Springs, IA 50458

OFF-MARKET
Turn key restaurants
Property ID
US25-0359087
3,696 SF 0.41 ac lot Built 1976
Last sale Mar 2013 · $120,000
Individually Owned Owner of record is an individual. 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Prime opportunity to acquire a well-established restaurant and bar in Nora Springs, Iowa. This turnkey sale includes a 3,616 square foot building situated on a sizable lot at 815 W Congress St, 50458, Floyd County. The property boasts a full-service kitchen and bar, ample parking, and is equipped with all necessary equipment and fixtures (excluding some leased machines). Inventory and supplies are also included in the sale price of $165,000. The business benefits from a loyal customer base…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$2k
Tax billed · 2022
Assessed value · 2023$99k
Assessed land$18k
Assessed improvement$81k
Effective rate1.53%

Value estimate

· Oct 2026
$215k
$194k – $237k
AI approach$250k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionFLOYD

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service8.9
Dental Office8.8
Building Supply8.8

Location

815 Congress St Nora Springs, IA 50458-7746
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
26 Congress, Nora Springs, IA 50458-7743 $670,000 Mar 2025 4,033 SF
14 Hawkeye, Nora Springs, IA 50458-7779 $65,000 Jul 2024 4,244 SF
414 Congress, Nora Springs, IA 50458-8895 $52,500 Aug 2023 1,362 SF
1451 Zinnia, Nora Springs, IA 50458-8927 $1,173,825 Mar 2021 7,458 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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