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    Property profile & analytics

    1650 Washington Ave Des Moines, IA 50316-4055

    • Truck terminals
    • 22,446 SF
    • 6.55 lot acres
    OFF-MARKET
    Value Estimation
    $820,000
    Last Sale
    Feb 11, 2021
    Location Intelligence
    Property ID
    US25-0323566
    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

    • Arrow Stage Lines / Bus Charter / Airport Shuttle Service
    • Magnum LTL - Des Moines / Shipping Company

    Property Details for 1650 Washington Ave

    Year built
    1966
    Construction
    STEEL FRAME
    Lot size
    6.55 lot acres
    Property size
    22,446 SF
    Zone code
    M-1
    Property type
    Truck terminals
    APN
    110/06881-002-006
    APU
    11006881002006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $760,000

    • CAP approach

      CAP return
      Estimation
      6%
      $970,000
      6.5%
      $955,000
      7%
      $1,060,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $960,000
      Geo Method
      $1,045,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,215,000
      Retail
      $1,095,000
      Mixed-Use
      $1,155,000
      Hospitality
      $1,200,000
      Educational
      $920,000
      Residential Income
      $1,015,000
      Energy
      $905,000
      Income-Based Land
      $1,075,000
      Food Service
      $1,220,000

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.5925
    Latitude
    41.6084
    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
    2023
    $51,088
    $633,000
    $777,000
    $1,410,000
    -
    $633,000
    $777,000
    $1,410,000

    Comparable in this City

    • Value Estimation by Request
      101,580 SF

      2609 Dixon St

      TRUCK TERMINAL (MOTOR FREIGHT) • 101,580 SF
      2609 Dixon St, Des Moines, IA 50316-1864
      View Details
    • Value Estimation by Request
      8,820 SF

      1909 17th St

      TRUCK TERMINAL (MOTOR FREIGHT) • 8,820 SF
      1909 17th St, Des Moines, IA 50316-2107
      View Details
    • Value Estimation by Request
      39,200 SF

      1901 Dixon St

      WAREHOUSE, STORAGE • 39,200 SF
      1901 Dixon St, Des Moines, IA 50316-2115
      View Details
    • Value Estimation by Request
      50,736 SF

      1801 Guthrie Ave

      WAREHOUSE, STORAGE • 50,736 SF
      1801 Guthrie Ave, Des Moines, IA 50316-2735
      View Details
    • Value Estimation by Request
      69,692 SF

      2100 17th St

      INDUSTRIAL (GENERAL) • 69,692 SF
      2100 17th St, Des Moines, IA 50316-2112
      View Details
    • Value Estimation by Request
      82,320 SF

      1900 17th St

      WAREHOUSE, STORAGE • 82,320 SF
      1900 17th St, Des Moines, IA 50316-2108
      View Details

    Similar Nearby for Sale

    • $10,000,000
      135,197 SF

      Des Moines Industrial Warehouse

      135,197 SF Warehouse, $10M
      2500 Dixon St, Des Moines, IA 50316
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    • $215,000
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      Des Moines Triplex Investment Property

      Fully rented Des Moines triplex with updated units and strong cashflow.
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    • Contact for pricing

      Redevelopment Land For Sale

      Development land available for retail, office, and industrial uses.
      1568 E Euclid Ave, Des Moines, IA 50316
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    • $485,000
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      Two buildings with shared parking on SW 9th corridor.
      4309-4311 SW 9Th St, Des Moines, IA 50316
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    • $1,495,000
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      Former Restaurant Building For Sale

      5,000 SF former restaurant in high-traffic Des Moines location.
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      Two buildings with shared parking on SW 9th Street.
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    Similar Nearby for Lease

    • $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
    • $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
    • $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
    • $7 SF/Yr
      12,000 SF

      Sub-Lease Opportunity with Showroom

      Multi-tenant building with offices, showroom, dock doors, and drive-in.
      1771 Guthrie Ave, Des Moines, IA 50316
      View Details
    • $8 SF/Yr
      3,356 SF

      Des Moines Flex Space Available

      3,356 SF flex space with mezzanine office in Des Moines.
      2100 Dixon St, Des Moines, IA 50316
      View Details
    • $8 SF/Yr
      10,800 SF

      Industrial Space with Dock Doors

      10,800 SF industrial space featuring dock and drive-in doors.
      1800 Dixon St, Des Moines, IA 50316
      View Details
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    Des Moines, IA 50316-4055
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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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