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    1938 Southeast 6Th St Des Moines, IA 50315
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    Property profile & analytics

    1938 Southeast 6Th St, Des Moines, IA 50315

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    • Strip malls
    • 5,412 SF
    • 0.26 lot acres
    Retail Space in Mixed-Use Building For Lease
    $10 SF/Yr
    1,327 SF

    Retail Space in Mixed-Use Building

    Retail space available in a mixed-use building.

    1938 Southeast 6th Street, Des Moines, IA 50315
    View Listing
    Property ID
    US25-0489123
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Grateful Chef / Restaurant / Take-out & Catering
    • Hancock Mortgage Partners LLC / Loan Service / Bank
    • Nails & Beauty Studio / Hair Salon / Nail Salon
    • La Baja Mexican Cuisine / Restaurant

    Property Details for 1938 Southeast 6Th St

    Year built
    2013
    Construction
    STEEL FRAME
    Lot size
    0.26 lot acres
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    020/00000-170-001
    APU
    2000000170001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 18, 2020 — Sevastopol Property LLC — Deed · related $833k · Liberty National Bank
    Jun 20, 2017 — Neighborhood Dev Corp — Deed · related $69k · City Of Des Moines
    Jan 15, 2014 — Sevastopol Station LLC Neighborhood Dev Corp Quit Claim Deed · related —
    — — Neighborhood Dev Corp — Deed Of Trust · related $1.1M · Lincoln Savings Bank
    — — Neighborhood Dev Corp — Deed Of Trust · related $69k · City Of Des Moines

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $612,000
      Market price range: $287k - $631k
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $435,000
      Current use
      RESTAURANT
      $835,000
      Change: +93% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $795,000
      Change: +84% Conversion: Difficult
      RETAIL STORES
      $630,000
      Change: +45% Conversion: Easy
      WAREHOUSE, STORAGE
      $495,000
      Change: +15% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $410,000
      Change: -6% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6061
    Latitude
    41.5702
    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
    $14,352
    $47,600
    $794,400
    $842,000
    -
    $47,600
    $794,400
    $842,000
    View Listing
    More about this property
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