Technical
Financial
Distress signals
Property profile

1500 2nd Ave Des Moines, IA 50314

OFF-MARKET
Retail space
Property ID
US25-0442162
2,064 SF 0.11 ac lot Built 1929
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1929
Construction FRAME
Total area 2,064 SF
Lot 0.11 ac (4,650 SF)
Zoning code M-1
APN 080/04446-000-000
UPID US25-0442162

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
  • Hair Salon Nail Salon

Location

1500 2nd Ave Des Moines, IA 50314-3405
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
$125k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2023
Last sale
$133,000
1 recorded transaction
2023
$133,000

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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