Property profile

137 48th Pl Des Moines, IA 50313

OFF-MARKET
Auto shops
Property ID
US25-2575052
8,182 SF 3.97 ac lot Built 1975
Individually Owned 18-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1975
Construction STEEL FRAME
Total area 8,182 SF
Lot 3.97 ac (172,890 SF)
Zoning code MU
APN 270/01503-001-000
UPID US25-2575052

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
  • Construction Company General Contractor

Location

137 48th Pl Des Moines, IA 50313-2343
Des Moines metro Census 10500 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
$682k
Blend (final) Blend
$325k

Owner & transaction history

since 2008
6 recorded transactions
2008
Price N/A
2007
Price N/A
2007
$350,000
2004
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

MU · 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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