Technical
Financial
Distress signals
Property profile

1300 1st St Des Moines, IA 50315

OFF-MARKET
Turn key restaurants
Property ID
US25-0393247
2,817 SF 0.85 ac lot Built 2005
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2005
Construction FRAME
Total area 2,817 SF
Lot 0.85 ac (36,970 SF)
Zoning code D-R
APN 020/02244-005-000
UPID US25-0393247

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
  • Bridge
  • Bridge

Location

1300 1st St Des Moines, IA 50315-1253
Des Moines metro Census 4200 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2007
2 recorded transactions
2007
Price N/A
1969
Price N/A

Zoning & alternative use

D-R · 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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