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    Property profile & analytics

    1451 Grand Ave Des Moines, IA 50316-3805

    • Investment properties
    • 4,092 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    $480,000
    Last Sale
    May 17, 2021
    $460,000
    Location Intelligence
    Property ID
    US25-0085838
    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

    • Solutions Law Iowa PLC / Law Firm / Divorce Lawyer

    Property Details for 1451 Grand Ave

    Year built
    2022
    Construction
    STEEL FRAME
    Lot size
    0.27 lot acres
    Property size
    4,092 SF
    Zone code
    C-2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    040/05046-000-000
    APU
    4005046000000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $455,000

    • CAP approach

      CAP return
      Estimation
      6%
      $490,000
      6.5%
      $480,000
      7%
      $495,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $530,000
      Geo Method
      $465,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $545,000
      Retail
      $460,000
      Mixed-Use
      $420,000
      Hospitality
      $480,000
      Educational
      $525,000
      Residential Income
      $510,000
      Energy
      $535,000
      Income-Based Land
      $555,000
      Food Service
      $405,000

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.5955
    Latitude
    41.5936
    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
    2020
    $4,952
    $81,200
    $335,800
    $417,000
    -
    $81,200
    $335,800
    $417,000

    Comparable in this City

    • Value Estimation by Request
      2,610 SF

      836 Hull Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,610 SF
      836 Hull Ave, Des Moines, IA 50316-1169
      View Details
    • Value Estimation
      $235,000
      3,723 SF

      1954 Hubbell Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,723 SF
      1954 Hubbell Ave, Des Moines, IA 50316-3762
      View Details
    • Value Estimation
      $185,000
      7,176 SF

      1372 12th St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,176 SF
      1372 12th St, Des Moines, IA 50316-2322
      View Details
    • Value Estimation by Request
      1,922 SF

      3213 14th St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,922 SF
      3213 14th St, Des Moines, IA 50316-1349
      View Details
    • Value Estimation
      $305,000
      4,704 SF

      2323 Dixon St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,704 SF
      2323 Dixon St, Des Moines, IA 50316-1868
      View Details
    • Value Estimation
      $280,000
      10,168 SF

      1350 Washington Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 10,168 SF
      1350 Washington Ave, Des Moines, IA 50316-2449
      View Details

    Similar Nearby for Sale

    • $215,000
      Pending

      Des Moines Triplex Investment Property

      Fully rented Des Moines triplex with updated units and strong cashflow.
      1315 E 12Th St, Des Moines, IA 50316
      View Details
    • $1,595,000
      4,925 SF

      Des Moines Retail Space - $1.6M

      Prime Des Moines retail space, vacant, 4,925 sq ft.
      3600 14Th St, Des Moines, IA 50316
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    • $741,000
      3,168 SF

      Retail Investment Opportunity in Des Moines

      Retail property with established tenants in a prime location.
      521 E 14Th St, Des Moines, IA 50316
      View Details
    • $350,000
      4,900 SF

      Spacious Retail Space Near Downtown

      4,900 SF retail space near Grandview College.
      2340 E 9Th St, Des Moines, IA 50316
      View Details
    • $95,000

      Des Moines Development Opportunity

      Land available south of Des Moines near Lincoln High School.
      2821 SW 9Th St, Des Moines, IA 50316
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    • New
      $300,000
      Pending

      Des Moines Fourplex Investment Opportunity

      Spacious fourplex near downtown Des Moines with strong cash flow.
      1418 E 9Th St, Des Moines, IA 50316
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    Similar Nearby for Lease

    • $6 SF/Yr
      6,550 SF

      Warehouse Space Available for Sublease

      6,550 SF warehouse space available for sublease.
      1710-1726 Guthrie Ave, Des Moines, IA 50316
      View Details
    • $20 SF/Yr
      6,228 SF

      Des Moines Office Space Available

      6,228 SF office space for sublease in Des Moines.
      220 SW 9Th St, Des Moines, IA 50316
      View Details
    • $6 SF/Yr
      77,270 SF

      Des Moines Flex Space Available

      77,270 SF Flex Space, 8,160 SF Vacant
      1710 Guthrie Ave, Des Moines, IA 50316
      View Details
    • $6 SF/Yr
      20,550 SF

      Des Moines Warehouse Space Available

      20,550 SF warehouse space for lease in Des Moines.
      1641 E Euclid Ave, Des Moines, IA 50316
      View Details
    • $26 SF/Yr
      4,463 SF

      Downtown Des Moines Restaurant Space

      Restaurant space available in downtown Des Moines with parking.
      220 SE 6Th St, Des Moines, IA 50316
      View Details
    • $0.80 SF/Yr

      Des Moines Development Land For Rent

      Corner lot development land near State Capital Building available for rent.
      1500-1506 E Grand Ave, Des Moines, IA 50316
      View Details
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    Des Moines, IA 50316-3805
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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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