Property profile

1153 24th St Des Moines, IA 50311

OFF-MARKET
Investment properties
Property ID
US25-0499917
6,080 SF 0.29 ac lot Built 1983
Individually Owned Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1983
Construction FRAME
Total area 6,080 SF
Lot 0.29 ac (12,800 SF)
Zoning code C-1
APN 030/01463-001-000
UPID US25-0499917

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
  • Charitable Organization Social Service Agency

Location

1153 24th St Des Moines, IA 50311-4308
Des Moines metro Census 2600 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$960k
Comparable Approach Comparable
$526k
Blend (final) Blend
$315k

Owner & transaction history

Zoning & alternative use

C-1 · Des Moines, IA
Top alternative use upside
Auto repair, garage $1.0M +67.7%
Medical building $1.0M +62.1%
Restaurant $940,000 +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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