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    Property profile & analytics

    1567 Ohio St Des Moines, IA 50314-3425

    • Investment properties
    • 5,000 SF
    • 0.66 lot acres
    OFF-MARKET
    Value Estimation
    $505,000
    Last Sale
    Jul 02, 2021
    $500,000
    Location Intelligence
    Property ID
    US25-0183811
    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

    • O'Keefe Elevator Co / Elevator Service
    • Midwest Comfort Heating & Cooling / Air Conditioning Repair Service / Furnace Repair Service

    Property Details for 1567 Ohio St

    Year built
    1989
    Construction
    STEEL FRAME
    Lot size
    0.66 lot acres
    Property size
    5,000 SF
    Zone code
    M-1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    080/00757-002-000
    APU
    8000757002000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $495,000

    • CAP approach

      CAP return
      Estimation
      6%
      $490,000
      6.5%
      $475,000
      7%
      $545,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $435,000
      Geo Method
      $500,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $470,000
      Retail
      $540,000
      Mixed-Use
      $540,000
      Hospitality
      $480,000
      Educational
      $510,000
      Residential Income
      $440,000
      Energy
      $590,000
      Income-Based Land
      $525,000
      Food Service
      $510,000

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.617
    Latitude
    41.6073
    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
    $7,950
    $45,600
    $395,400
    $441,000
    -
    $45,600
    $395,400
    $441,000

    Comparable in this City

    • Value Estimation by Request
      9,409 SF

      1631 2nd Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 9,409 SF
      1631 2nd Ave, Des Moines, IA 50314-3602
      View Details
    • Value Estimation by Request
      7,227 SF

      1526 2nd Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 7,227 SF
      1526 2nd Ave, Des Moines, IA 50314-3405
      View Details
    • Value Estimation by Request
      20,754 SF

      1401 Ctr St

      OFFICE/RESIDENTIAL (MIXED USE) • 20,754 SF
      1401 Ctr St, Des Moines, IA 50314-2285
      View Details
    • Value Estimation by Request
      15,292 SF

      1326 6th Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 15,292 SF
      1326 6th Ave, Des Moines, IA 50314-2722
      View Details
    • Value Estimation by Request
      13,248 SF

      1432 6th Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 13,248 SF
      1432 6th Ave, Des Moines, IA 50314
      View Details
    • Value Estimation by Request
      15,897 SF

      1050 7th St

      OFFICE/RESIDENTIAL (MIXED USE) • 15,897 SF
      1050 7th St, Des Moines, IA 50314
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.13 Acres

      Des Moines Land Opportunity

      Land available in Des Moines for home or investment.
      1622 Martin Luther King Pkwy, Des Moines, IA 50314
      View Details
    • $1,950,000
      5,532 SF

      Sherman Hill Mixed-Use Investment

      Des Moines, IA: Office/Retail Opportunity
      800 19Th St, Des Moines, IA 50314
      View Details
    • $45,000
      0.17 Acres

      Des Moines Commercial Land - $45K

      Prime Des Moines lot, 7,500 sq ft, N5 zoning.
      1220 3Rd St, Des Moines, IA 50314
      View Details
    • $1,700,000
      15,034 SF

      Des Moines Industrial NNN Investment

      15,034 SF Flex Space, 7.82% Cap Rate
      1801 2Nd Ave, Des Moines, IA 50314
      View Details
    • $2,150,000
      12,392 SF

      Sherman Hill Remodeled Multi-Unit Property

      Remodeled 17-unit property in historic Sherman Hill neighborhood.
      702 20Th St, Des Moines, IA 50314
      View Details
    • $225,000
      1,752 SF

      Updated Multi-Family Near Downtown

      Updated multi-family property near downtown with contract terms available.
      1427 7Th St, Des Moines, IA 50314
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      3,906 SF

      Downtown Des Moines Office Space

      Office space for rent in historic Insurance Exchange Building.
      501 5Th Ave, Des Moines, IA 50314
      View Details
    • $3 SF/Yr
      18,300 SF

      Des Moines Flex Space Available

      18,300 SF Flex/Warehouse, Des Moines
      1495 Keosauqua Way, Des Moines, IA 50314
      View Details
    • Contact for pricing
      57,792 SF

      Downtown Des Moines Surgery Center

      Class A Medical Office Space Available
      450 Laurel St, Des Moines, IA 50314
      View Details
    • $22 SF/Yr
      2,217 SF

      Renovated Office Building in Sherman Hills

      Historically renovated office building suitable for office or medical use.
      800 19Th St, Des Moines, IA 50314
      View Details
    • $12 SF/Yr
      3,099 SF

      Des Moines Office Space Available

      Office space available for lease in Des Moines, Iowa.
      Beaver Ave, Des Moines, IA 50314
      View Details
    • $12 SF/Yr
      3,099 SF

      Des Moines Office Space Available

      Office space featuring private offices, conference room, and kitchenette.
      601 Forest Ave, Des Moines, IA 50314
      View Details
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    1567 Ohio St
    Des Moines, IA 50314-3425
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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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