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    Property profile & analytics

    Lenox, IA 50851

    • Turn key restaurants
    • 1,216 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-2438433
    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

    Year built
    1964
    Lot size
    0.20 lot acres
    Property size
    1,216 SF
    Property type
    Turn key restaurants
    APN
    1401001340000
    APU
    1401001340000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lenox
    County
    Taylor
    State
    Iowa
    Longitude
    -94.5656
    Latitude
    40.8822

    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
    $1,150
    $7,600
    $67,360
    $74,960
    -
    $7,600
    $67,360
    $74,960

    Comparable in this City

    • Value Estimation
      $185,000
      3,520 SF

      Lenox, IA 50851

      RESTAURANT • 3,520 SF
      Lenox, IA 50851
      View Details
    • Value Estimation
      $45,000
      2,068 SF

      114 Main St

      RESTAURANT • 2,068 SF
      114 Main St, Lenox, IA 50851
      View Details
    • Value Estimation
      $185,000
      3,520 SF

      111 Main St

      RESTAURANT • 3,520 SF
      111 Main St, Lenox, IA 50851-1207
      View Details
    • Value Estimation by Request
      1,980 SF

      Main St

      RESTAURANT • 1,980 SF
      Main St, Lenox, IA 50851
      View Details
    • Value Estimation by Request
      1,980 SF

      122 Main St

      NIGHTCLUB (COCKTAIL LOUNGE) • 1,980 SF
      122 Main St, Lenox, IA 50851-1238
      View Details
    • Value Estimation by Request
      2,332 SF

      116 Main St

      NIGHTCLUB (COCKTAIL LOUNGE) • 2,332 SF
      116 Main St, Lenox, IA 50851-1238
      View Details

    Similar Nearby for Sale

    • $199,950
      6,696 SF

      Turnkey Bowling Alley and Restaurant

      Fully equipped restaurant and bowling alley in Lenox, Iowa.
      402 N Brks St, Lenox, IA 50851
      View Details
    • $179,000
      3,234 SF

      Established Service Station in Lenox

      Well-established service station available in Lenox, Iowa.
      102 W Illinois St, Lenox, IA 50851
      View Details
    • $95,000

      Historic Brick Hotel Building

      Three-story historic brick hotel in Lenox, Iowa.
      114 S Main St, Lenox, IA 50851
      View Details
    • Contact for pricing
      0.02 Acres

      Vacant Lot in Downtown Lenox

      Vacant commercial land for sale in Lenox, Iowa.
      106 S Main St, Lenox, IA 50851
      View Details
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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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