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Property profile & analytics
FOR SALE
Investment properties
1000 73 St, West Des Moines, IA 50265
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US25-0087205
For Sale
1 / 2
$560,000
1000 73 St, West Des Moines, IA 50265
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1981
Construction
STEEL FRAME
Total area
1,775 SF
Lot
0.14 ac (6,026 SF)
Zoning code
PCP
APN
320/04928-165-968
UPID
US25-0087205
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Decatur County Properties LLC · 1 yrs held
Decatur County Properties LLC
since 2025
Last sale
$58,000
7 recorded transactions
Zoning & alternative use
PCP · West Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs West Des Moines submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Des Moines submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$2,390
Tax year 2020
Assessed value
$149,000
Assessed 2023
Previous assessed
$149,000
+0.0% YoY
Effective rate
1.60%
On assessed value
Assessed land
$42,600
Assessed improvement
$106,400
Land market value
$42,600
Improvement market value
$106,400
Total market value
$149,000
Applied tax rate
20.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1981
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
YES
Buildings
1
Stories
2
Total area
1,775 SF
Lot
0.14 ac (6,026 SF)
Zoning code
PCP
APN
320/04928-165-968
UPID
US25-0087205
Jurisdiction
POLK
Zoning & alternative use
PCP · West Des Moines, IA
Zoning PCP · permitted uses
PCP · West Des Moines, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Des Moines. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Decatur County Properties LLC
Entity
Mailing address
6065 MANCHESTER LN, JOHNSTON, IA 50131-3106
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2025
—
Decatur County Properties LLC
Brooke Farm LLC
Deed
related
—
Jan 10, 2023
—
Darla K Brandsfield Trust
Darla K Brandsfield
Intrafamily Transfer
related
—
Jun 10, 2022
$280,000
Earl Greyacre LLC
O E Johnson & Son Co
Warranty Deed
$350,000 · Finwise Bank
Jun 10, 2022
—
Earl Greyacre LLC
—
Deed
related
$350,000 · Finwise Bank
Jan 4, 2021
—
Yaxiong Zhang
Michael J Hart Md PC
Deed
related
—
Nov 24, 2020
$96,000
Yang Yaxiong
Michael J Hart
Warranty Deed
—
Sep 28, 2020
$106,000
Kck Invs LLC
Energy Solution Builders LLC
Quitclaim Deed
—
Jul 16, 2020
—
Chandler LLC
Heatherwood LLC
Warranty Deed
related
—
Mar 21, 2019
$90,000
Broke Water LLC Trust
Brooke Farm LLC
Warranty Deed
—
Jul 5, 2018
$122,500
Brooke Farm LLC
Metabank
Warranty Deed
—
Jun 26, 2018
—
Regency Ia L L C
—
Deed
related
$363,686 · Earlham Savings Bank
Mar 28, 2018
$70,000
Ldd Enterprises INC
Lance W Rom
Warranty Deed
$52,500 · Central State Bank
Oct 20, 2017
—
Regency Ia LLC
Desertcrest Ok LLC
Quitclaim Deed
related
—
May 9, 2017
$180,000
Metabank
Sheriff Of Polk County|allied Technologies Lc
Trust Deed
—
Dec 30, 2016
—
Westgate 30 LLC
Ruisch,randall J & Patti S
Quitclaim Deed
related
—
May 4, 2016
—
Allied Technologies Lc
—
Trust Deed
related
$50,000 · Elmwood Holdings LLC
Dec 11, 2009
$58,000
Robert J Bransfield
Wells Fargo Bk NA
Warranty Deed
—
—
—
Robert J Brandsfield
—
Deed Of Trust
related
$70,826 · West Bank
—
—
Bs Investments LLC
—
Deed Of Trust
related
$107,000 · First American Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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