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    Property profile & analytics

    1540 Hartford Ave Des Moines, IA 50320-1001

    • Investment properties
    • 240 SF
    • 13.01 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US25-0086286
    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

    • Maxim Trucking & Materials Inc. / Transportation Service / Masonry Contractor

    Property Details for 1540 Hartford Ave

    Year built
    2003
    Construction
    FRAME
    Lot size
    13.01 lot acres
    Property size
    240 SF
    Zone code
    M-1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    020/02325-003-000
    APU
    2002325003000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $390,000
      6.5%
      $380,000
      7%
      $350,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $405,000
      Geo Method
      $400,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $370,000
      Retail
      $380,000
      Mixed-Use
      $325,000
      Hospitality
      $380,000
      Educational
      $430,000
      Residential Income
      $385,000
      Energy
      $405,000
      Income-Based Land
      $355,000
      Food Service
      $420,000

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.5929
    Latitude
    41.5719
    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
    $3,240
    $149,000
    $5,000
    $154,000
    -
    $149,000
    $5,000
    $154,000

    Comparable in this City

    • Value Estimation
      $385,000
      3,600 SF

      6545 Bloomfield Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,600 SF
      6545 Bloomfield Rd, Des Moines, IA 50320-1850
      View Details
    • Value Estimation
      $220,000
      576 SF

      1796 14th St

      OFFICE/RESIDENTIAL (MIXED USE) • 576 SF
      1796 14th St, Des Moines, IA 50320-1011
      View Details
    • Value Estimation
      $540,000
      13,370 SF

      1536 Army Post Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 13,370 SF
      1536 Army Post Rd, Des Moines, IA 50320-1810
      View Details
    • Value Estimation
      $365,000
      1,152 SF

      2904 14th St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,152 SF
      2904 14th St, Des Moines, IA 50320-1121
      View Details
    • Value Estimation
      $340,000
      3,620 SF

      3121 14th St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,620 SF
      3121 14th St, Des Moines, IA 50320-1317
      View Details
    • Value Estimation
      $405,000
      2,990 SF

      3022 14th St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,990 SF
      3022 14th St, Des Moines, IA 50320-1301
      View Details

    Similar Nearby for Sale

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      Land available near Easter Lake, perfect for building a home.
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      Land available near Easter Lake, perfect for building a dream home.
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    Similar Nearby for Lease

    • Contact for pricing
      243,000 SF

      Southeast Plaza Retail Space

      Des Moines storefront, high traffic area
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      View Details
    • $25 SF/Yr
      2,877 SF

      Retail Space Near I-35/80

      2,877 SF retail space adjoining QuikTrip, drive-up ready.
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      View Details
    • $9 SF/Yr
      12,450 SF

      Des Moines Warehouse Space Available

      12,450 RSF warehouse space for sublease in Des Moines.
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    • Contact for pricing
      1,400 SF

      Retail Space on SE 14th

      Highly visible retail space in revitalized corridor, flexible options.
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    • Contact for pricing
      262,500 SF

      Des Moines Industrial Logistics Center

      Premier industrial and logistics center in Des Moines, Iowa.
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      View Details
    • Contact for pricing
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      Des Moines Retail Space - 2,844 SF

      Prime Des Moines retail space, ideal for salon or retail use.
      4930 14Th St, Des Moines, IA 50320
      View Details
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    1540 Hartford Ave
    Des Moines, IA 50320-1001
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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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