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Property profile & analytics

3700 9th St Des Moines, IA 50315-3046

  • Turn key restaurants
  • 2,580 SF
  • 0.31 lot acres
OFF-MARKET
Value Estimations
$265,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US25-0269025
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

  • Jim's Coney Island / American Restaurant / Fast Food Restaurant

Property Details for 3700 9th St

Year built
1988
Construction
STEEL FRAME
Lot size
0.31 lot acres
Property size
2,580 SF
Zone code
C-1
Property type
Turn key restaurants
APN
010/05653-000-000
APU
1005653000000

Description

This exceptional investment opportunity presents a vacant, freestanding restaurant building located at 3700 SW 9th Street in Des Moines, Iowa. The property, situated on a 0.37-acre lot at the corner of Walcott Avenue and SW 9th Street, boasts high visibility and accessibility. Built in 1969 and renovated in 1988, the 2,580 square foot, single-story building features a front counter server area and ample dine-in seating. The property includes some existing equipment. The RX1 Mixed Use zoning allows for a variety of uses. The location benefits from significant traffic volume, with an estimated 16,800 vehicles per day on SW 9th Street. Ample parking is available, with an estimated 45+ spaces. The property also features prominent pylon signage for enhanced visibility. This is an ideal opportunity for an established restaurant or a new concept looking for a high-traffic location in a thriving Des Moines neighborhood. The asking price is $350,000. The property is currently vacant and ready for immediate occupancy. The zip code is 50315, and the property is located in Polk County.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $265,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $278,000
    Market price range: $196k - $575k
    AI Estimate
    $241,000
    Market price range: $196k - $449k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Des Moines
County
Polk
State
Iowa
Longitude
-93.6261
Latitude
41.5507
CBSA code
19780
CBSA name
DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

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
2020
$4,880
$91,900
$74,100
$166,000
-
$91,900
$74,100
$166,000
More about this property
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