Property profile

1111 9th St Des Moines, IA 50314

OFF-MARKET
Investment properties
Property ID
US25-0238862
97,798 SF 3 ac lot Built 1987
Entity Owned 22-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1987
Construction STEEL FRAME
Total area 97,798 SF
Lot 3 ac (130,506 SF)
Zoning code PUD
APN 030/04409-002-000
UPID US25-0238862

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
  • Dental Office
  • Daycare Center Foster Care Service
  • Dental Office
  • Dental Office
  • Translation Service

Location

1111 9th St Des Moines, IA 50314-2527
Des Moines metro Census 5000 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
$15.41M
Comparable Approach Comparable
by Request
Blend (final) Blend
$15.86M

Owner & transaction history

Zoning & alternative use

PUD · Des Moines, IA
Zoning description

The PUD Legacy District is a zoning classification that is no longer accepting new or expanded applications. Only existing PUDs established before a specified effective date continue under this legacy status. These grand…

General category PLANNED_DEVELOPMENT
Top alternative use upside
Auto repair, garage $16.8M +67.7%
Medical building $16.3M +62.1%
Restaurant $15.1M +50.3%

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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