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    1308 2nd Ave Des Moines, IA 50314-3401

    • Auto shops
    • 5,394 SF
    • 0.51 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 16, 2023
    $4,450
    Location Intelligence
    Property ID
    US25-0169131
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Iowa Mufflers & Brake / Auto Repair Shop

    Property Details for 1308 2nd Ave

    Year built
    1992
    Construction
    STEEL FRAME
    Lot size
    0.51 lot acres
    Property size
    5,394 SF
    Zone code
    M-1
    Property type
    Auto shops
    APN
    080/05935-002-001
    APU
    8005935002001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6201
    Latitude
    41.6026
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $93,100
    $251,900
    $345,000
    -
    $93,100
    $251,900
    $345,000

    Comparable in this City

    • Value Estimation
      $210,000
      2,975 SF

      1552 Ohio St

      AUTO REPAIR, GARAGE • 2,975 SF
      1552 Ohio St, Des Moines, IA 50314-3424
      View Details
    • Value Estimation
      $395,000
      2,520 SF

      1323 2nd Ave

      AUTO REPAIR, GARAGE • 2,520 SF
      1323 2nd Ave, Des Moines, IA 50314-3402
      View Details
    • Value Estimation
      $390,000
      4,558 SF

      1157 15th St

      AUTO REPAIR, GARAGE • 4,558 SF
      1157 15th St, Des Moines, IA 50314-1211
      View Details
    • Value Estimation
      $205,000
      1,860 SF

      1631 Martin Luther King Jr Pkwy

      AUTO REPAIR, GARAGE • 1,860 SF
      1631 Martin Luther King Jr Pkwy, Des Moines, IA 50314-1448
      View Details
    • Value Estimation
      $325,000
      6,960 SF

      59 University Ave

      AUTO REPAIR, GARAGE • 6,960 SF
      59 University Ave, Des Moines, IA 50314-3118
      View Details
    • Value Estimation
      $200,000
      4,421 SF

      1220 Illinois St

      AUTO REPAIR, GARAGE • 4,421 SF
      1220 Illinois St, Des Moines, IA 50314-3106
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
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      View Details
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    1308 2nd Ave
    Des Moines, IA 50314-3401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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