Property profile

1308 2nd Ave Des Moines, IA 50314

OFF-MARKET
Auto shops
Property ID
US25-0169131
5,394 SF 0.51 ac lot Built 1992
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1992
Construction STEEL FRAME
Total area 5,394 SF
Lot 0.51 ac (22,003 SF)
Zoning code M-1
APN 080/05935-002-001
UPID US25-0169131

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
  • Auto Repair Shop

Location

1308 2nd Ave Des Moines, IA 50314-3401
Des Moines metro Census 4900 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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2023
Last sale
$4,450
1 recorded transaction
2023
$4,450

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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