1501 BroadwayRed Oak, IA 51566

  • Drive through restaurants
  • 3,332 SF
Off market
$927,300 Estimated

Property Details for 1501 Broadway

Year built
2005
Lot size
0.83 AC
Property size (Sq ft)
3,332 SF
Property type
Drive through restaurants
APN
600620476006000
APU
600620476006000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $786,358
    6.5%
    $725,869
    7%
    $674,021
  • Comparable approach

    Method
    Valuation
    Relative Method
    $428,564
    Geo Method
    $428,564
  • Alternative Use

    Use
    Valuation
    Residential
    $612,298
    Hospitality
    $560,861
    Educational
    $466,630
    Medical
    $482,678
    Retail
    $725,869

Location Insight

City
Red Oak
County
Montgomery
State
Iowa
Latitude
41.0181
Longitude
-95.2335

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
2023
$40,559
$90,000
$837,300
$927,300
-
$90,000
$837,300
$927,300

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