Property profile

105 Grand Ave West Des Moines, IA 50265

OFF-MARKET
Grocery and convenience stores
Property ID
US25-1333185
4,338 SF 1.3 ac lot Built 2012
Entity Owned 13-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2012
Construction FRAME
Total area 4,338 SF
Lot 1.3 ac (56,541 SF)
Zoning code CMC
APN 320/02966-005-001
UPID US25-1333185

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering
  • Crypto Atm Atm

Location

105 Grand Ave West Des Moines, IA 50265-3711
West Des Moines metro Census 11111 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$850k
Comparable Approach Comparable
$1.22M
Blend (final) Blend
$1.18M

Owner & transaction history

since 2012
5 recorded transactions
2012
Price N/A
2012
Price N/A
2012
Price N/A
2006
Price N/A
2005
Price N/A

Zoning & alternative use

CMC · West Des Moines, IA
Zoning description

$1e

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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