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    4105 9Th St Des Moines, IA 50315

    • Drive through restaurants
    • 2,870 SF
    • 0.77 lot acres
    For Sale
    View listing
    $495,000
    Value Estimation
    Location Intelligence
    Property ID
    US25-0312513
    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

    • Drive through restaurants

    Property Details for 4105 9Th St

    Year built
    1992
    Construction
    STEEL FRAME
    Lot size
    0.77 lot acres
    Property size
    2,870 SF
    Zone code
    C-1
    Property type
    Drive through restaurants
    APN
    120/06588-000-000
    APU
    12006588000000

    Description

    This exceptional 2,870 square foot restaurant property, located at 4105 SW 9th St in Des Moines, Iowa, is available for sale at $495,000. Built in 1979, this single-story building sits on a parcel zoned RX1 Mixed Use District, offering flexibility for various uses. The property features a fully equipped commercial kitchen, a spacious dining area, and ample parking for 45 vehicles. Its prime location provides excellent visibility and accessibility, with approximately 17,191 vehicles passing daily on SW 9th Street. The average household income within a 3-mile radius is $81,258, indicating a strong potential customer base. The property is currently vacant and offered as a Net Net Net (NNN) lease opportunity, making it an ideal investment for owner-operators or investors seeking a high-traffic location. The asking price of $495,000 translates to $172.47 per square foot. This turnkey restaurant space is ready for immediate occupancy and offers significant potential for a thriving business. The property is situated in Polk County, Iowa, with a zip code of 50315.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $335,000

    • CAP approach

      CAP return
      Estimation
      6%
      $435,000
      6.5%
      $375,000
      7%
      $365,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $360,000
      Geo Method
      $360,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $315,000
      Retail
      $410,000
      Mixed-Use
      $365,000
      Hospitality
      $365,000
      Educational
      $410,000
      Residential Income
      $310,000
      Energy
      $395,000
      Income-Based Land
      $380,000
      Food Service
      $410,000

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6253
    Latitude
    41.547
    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
    $19,836
    $212,200
    $387,800
    $600,000
    -
    $212,200
    $387,800
    $600,000

    Comparable in this City

    • Value Estimation
      $240,000
      1,901 SF

      3408 9th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,901 SF
      3408 9th St, Des Moines, IA 50315-3129
      View Details
    • Value Estimation
      $410,000
      1,728 SF

      2727 9th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,728 SF
      2727 9th St, Des Moines, IA 50315-2321
      View Details
    • Value Estimation
      $240,000
      1,146 SF

      1401 Army Post Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,146 SF
      1401 Army Post Rd, Des Moines, IA 50315-5406
      View Details
    • Value Estimation
      $320,000
      1,176 SF

      3330 Indianola Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,176 SF
      3330 Indianola Ave, Des Moines, IA 50315-2961
      View Details
    • Value Estimation
      $225,000
      1,420 SF

      4503 9th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,420 SF
      4503 9th St, Des Moines, IA 50315-3911
      View Details
    • Value Estimation
      $325,000
      1,840 SF

      4211 9th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,840 SF
      4211 9th St, Des Moines, IA 50315-3958
      View Details

    Similar Nearby for Sale

    • $595,000
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      Restaurant with Drive-Thru For Sale

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      Turn-Key Restaurant Opportunity

      Full-service restaurant with FF&E included, prime location.
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    • $495,000
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      Des Moines Restaurant - For Sale

      Prime location, vacant restaurant, 2870 sq ft.
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    • $500,000
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      Des Moines Auto Shop For Sale

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    Similar Nearby for Lease

    • $16 SF/Yr
      1,800 SF

      Restaurant/Retail Space For Lease

      Equipped restaurant/retail space with high visibility, convenient location.
      1103 Army Post Rd, Des Moines, IA 50315
      View Details
    • $9 SF/Yr
      14,600 SF

      Retail Space on Army Post

      Retail space with high visibility and ample parking.
      1000-1040 E Army Post Rd, Des Moines, IA 50315
      View Details
    • $12 SF/Yr
      1,600 SF

      Updated Retail Space For Rent

      Recently updated 1600 SF retail space near downtown.
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      View Details
    • $10 SF/Yr
      1,630 SF

      Des Moines Office Space Available

      1,630 SF office space for lease in Des Moines.
      4601-4605 SW 9Th St, Des Moines, IA 50315
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    • Contact for pricing
      310,000 SF

      Proposed Industrial Facility with Abatement

      Proposed industrial facility offering 310,000 SF with tax abatement.
      1717 E Army Post Rd, Des Moines, IA 50315
      View Details
    • $9 SF/Yr
      6,000 SF

      Industrial Space Available For Lease

      6,000 SF industrial space available for lease.
      5020-5034 Park Ave, Des Moines, IA 50315
      View Details
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    4105 9Th St
    Des Moines, IA 50315
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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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