Property profile

1220 Illinois St Des Moines, IA 50314

OFF-MARKET
Auto shops
Property ID
US25-0550170
4,421 SF 0.35 ac lot Built 1970
Individually Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1970
Construction FRAME
Total area 4,421 SF
Lot 0.35 ac (15,344 SF)
Zoning code M-1
APN 080/01038-003-000
UPID US25-0550170

Cap rate & NOI

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

Location

1220 Illinois St Des Moines, IA 50314-3106
Des Moines metro Census 4900 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$180k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$185k

Owner & transaction history

since 2023
Last sale
$163,000
5 recorded transactions
2023
$163,000
2017
$163,000
2007
Price N/A
2007
$352,000
1969
Price N/A

Zoning & alternative use

M-1 · Des Moines, IA

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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