Technical
Financial
Distress signals
Property profile

1605 Madison Ave Des Moines, IA 50313

OFF-MARKET
Auto shops
Property ID
US25-0237243
2,000 SF 0.32 ac lot Built 1965
Entity Owned 5-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1965
Construction FRAME
Total area 2,000 SF
Lot 0.32 ac (13,808 SF)
Zoning code M-1
APN 110/04116-000-000
UPID US25-0237243

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
  • Auto Repair Shop

Location

1605 Madison Ave Des Moines, IA 50313-3929
Des Moines metro Census 300 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$90k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$70k

Owner & transaction history

since 2021
Last sale
$60,000
3 recorded transactions
2021
$60,000
2013
$40,000
2013
$40,000

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1605 Madison Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message