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    1224 5Th Ave Des Moines, IA 50314

    For Sale
    Contact for pricing

    Residential lot in a mixed-use downtown neighborhood.

    Property size:
    6,500 SF
    Lot size:
    6.00 Acres

    Property Features for 1224 5Th Ave

    General Information

    Size
    6,500 SF
    Lot size
    6.00 Acres

    Source: Kevin Crowley, SIOR Agent Kevin Crowley, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Lot in Downtown Des Moines

    This residential lot is located on 5th Avenue in downtown Des Moines, just north of University Avenue. The surrounding neighborhood features a mix of residential, retail, commercial, and other services. Mercy Hospital is situated to the southeast of the property. Interstate 235 is accessible via 2nd Avenue and 6th Avenue, both located less than one-half mile to the south. The property size is 6500 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6248183
    Latitude
    41.6013245

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    FAQs

    What type of property is this?
    Land - Residential lot in a mixed-use downtown neighborhood.
    Where is this land located?
    The property is located at 1224 5Th Ave Des Moines, IA.
    What is the asking price?
    The asking price for this property is $20,000.
    What are key features of this property?
    This property features: - Located in downtown Des Moines on 5th Avenue.; - Mix of residential, retail, commercial, and other services in the neighborhood.; - Proximity to Mercy Hospital.
    (515) 991-7000
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    1224 5Th Ave Des Moines, IA 50314
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    Des Moines, IA 50314
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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
    1224 5Th Ave Des Moines, IA 50314
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