Property profile

1431 Illinois St Des Moines, IA 50314

OFF-MARKET
Retail properties & Spaces
Property ID
US25-2590726
2,773 SF 0.45 ac lot Built 1976
Entity Owned 21-yr Hold Free & Clear
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Property profile

Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1976
Construction FRAME
Total area 2,773 SF
Lot 0.45 ac (19,500 SF)
Zoning code M-1
APN 080/00884-002-000
UPID US25-2590726

Cap rate & NOI

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

Location

1431 Illinois St Des Moines, IA 50314
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
$295k

Owner & transaction history

since 2004
4 recorded transactions
2017
Price N/A
2004
$144,000
1969
Price N/A
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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