Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1913 Grand Ave West Des Moines, IA 50265-4223

    • Commercial real estate
    • 1,107 SF
    • 0.42 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US25-0187813
    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

    • Healing Paths Intuitive Therapy / Crisis Center / Medical Clinic

    Property Details for 1913 Grand Ave

    Year built
    1955
    Construction
    WOOD FRAME
    Lot size
    0.42 lot acres
    Property size
    1,107 SF
    Property type
    Commercial real estate
    APN
    320/04068-000-000
    APU
    32004068000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    West Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.7312
    Latitude
    41.5731
    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
    $3,372
    $185,000
    $24,000
    $209,000
    -
    $185,000
    $24,000
    $209,000

    Comparable in this City

    • Value Estimation by Request
      0.18 Acres

      W

      COMMERCIAL (GENERAL) • 0.18 Acres
      W, Des Moines, IA 50265
      View Details
    • Value Estimation by Request
      549 SF

      136 12th St

      COMMERCIAL (GENERAL) • 549 SF
      136 12th St, West Des Moines, IA 50265
      View Details
    • Value Estimation by Request
      111 SF

      116 13th St

      COMMERCIAL (GENERAL) • 111 SF
      116 13th St, West Des Moines, IA 50265
      View Details
    • Value Estimation
      $7,960,000
      94,830 SF

      1025 Ashworth Rd

      COMMERCIAL (GENERAL) • 94,830 SF
      1025 Ashworth Rd, West Des Moines, IA 50265-3566
      View Details
    • Value Estimation
      $3,215,000
      25,680 SF

      1425 Fuller Rd

      COMMERCIAL (GENERAL) • 25,680 SF
      1425 Fuller Rd, West Des Moines, IA 50265-5143
      View Details
    • Value Estimation by Request
      1,282 SF

      225 Lincoln St

      COMMERCIAL (GENERAL) • 1,282 SF
      225 Lincoln St, West Des Moines, IA 50265-4742
      View Details

    Similar Nearby for Sale

    • $850,000
      7,200 SF

      West Des Moines Restaurant - $850K

      Turnkey Restaurant, 7200 sq ft, high visibility.
      333 5Th St, West Des Moines, IA 50265
      View Details
    • $1,500,000
      2.67 Acres

      West Des Moines Development Land

      Prime 2.67-acre commercial lot.
      3535 Westown Pkwy, West Des Moines, IA 50265
      View Details
    • $3,360,000
      11.88 Acres

      West Des Moines Industrial Land

      11.88 Acres, General Industrial Zoning, Outdoor Storage Permitted
      4650 Army Post Rd, West Des Moines, IA 50265
      View Details
    • Contact for pricing
      78.42 Acres

      West Des Moines Commercial Land

      78 Acres, Light Industrial Zoning Potential
      0 Orilla Rd, West Des Moines, IA 50265
      View Details
    • $620,000
      4,209 SF

      West Des Moines Mixed-Use Property

      Prime Valley Junction location, multi-tenant income.
      324 1St St, West Des Moines, IA 50265
      View Details
    • $299,000
      0.53 Acres

      Residential Land in West Des Moines

      Residential land in a desirable West Des Moines location.
      29 SE Falcon Ln, West Des Moines, IA 50265
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      8,833 SF

      Medical Office Suites, Office Park Rd

      Multiple suites, 1,413-8,933 sq ft.
      1031 Office Park Rd, West Des Moines, IA 50265
      View Details
    • Contact for pricing
      5,000 SF

      Prime West Des Moines Retail Space

      Restaurant/Retail Opportunity - High Visibility
      332 5Th St, West Des Moines, IA 50265
      View Details
    • $7 SF/Yr
      825 SF

      Updated Office Space in Iowa

      West Des Moines office space with recent updates and ample parking.
      1501 42Nd St, West Des Moines, IA 50265
      View Details
    • Contact for pricing
      76,800 SF

      Warehouse with Interstate Access

      Under construction warehouse with convenient interstate access for transportation and logistics.
      4500 SE Army Post Rd, West Des Moines, IA 50265
      View Details
    • $8 SF/Yr
      13,200 SF

      West Des Moines Industrial Flex Space

      13,200 SF Flex Space, 1 Acre Lot
      1614 Fuller Rd, West Des Moines, IA 50265
      View Details
    • $8 SF/Yr
      3,500 SF

      Valley Junction Second Floor Office

      Second floor office space in the heart of Valley Junction.
      132 5Th St, West Des Moines, IA 50265
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1913 Grand Ave
    West Des Moines, IA 50265-4223
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.