Property profile

1215 Prospect Ave West Des Moines, IA 50265

OFF-MARKET
Medical Office Space
Property ID
US25-0241857
4,610 SF 0.44 ac lot Built 1965
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1965
Construction FRAME
Total area 4,610 SF
Lot 0.44 ac (19,000 SF)
Zoning code NC
APN 320/00996-000-000
UPID US25-0241857

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
  • Veterinary Clinic

Location

1215 Prospect Ave West Des Moines, IA 50265-3588
West Des Moines metro Census 11111 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$110k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$110k

Owner & transaction history

since 2024
Last sale
$110,000
7 recorded transactions
2024
Price N/A
2023
Price N/A
2018
Price N/A
2012
$110,000
2008
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

NC · West Des Moines, IA
Zoning description

Neighborhood commercial areas shall be designated to provide for small commercial centers and uses which provide a limited range of products and services to the residents of the surrounding neighborhood. Typical uses wou…

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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