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    Property profile & analytics

    200 Dickman Rd Des Moines, IA 50315-6262

    • Apartment buildings
    • 21,648 SF
    • 10.71 lot acres
    OFF-MARKET
    Value Estimation
    $25,345,000
    Last Sale
    Feb 22, 2024
    $24,725,000
    Location Intelligence
    Property ID
    US25-0363577
    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

    • Inspired Dreamer LLC / Artist

    Property Details for 200 Dickman Rd

    Year built
    1976
    Construction
    FRAME
    Lot size
    10.71 lot acres
    Property size
    21,648 SF
    Zone code
    C-2
    Property type
    Apartment buildings
    APN
    120/07332-001-007
    APU
    12007332001007

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $24,725,000

    • CAP approach

      CAP return
      Estimation
      6%
      $25,365,000
      6.5%
      $23,565,000
      7%
      $23,160,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $27,590,000
      Geo Method
      $29,070,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $21,935,000
      Retail
      $25,570,000
      Mixed-Use
      $24,855,000
      Hospitality
      $26,915,000
      Educational
      $27,215,000
      Residential Income
      $23,770,000
      Energy
      $27,260,000
      Income-Based Land
      $26,720,000
      Food Service
      $26,690,000

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6169
    Latitude
    41.5239
    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
    $144,890
    $1,220,000
    $5,420,000
    $6,640,000
    -
    $1,220,000
    $5,420,000
    $6,640,000

    Comparable in this City

    • Value Estimation by Request
      27,430 SF

      6500 5th St

      APARTMENT HOUSE (5+ UNITS) • 27,430 SF
      6500 5th St, Des Moines, IA 50315-6800
      View Details
    • Value Estimation by Request
      8,190 SF

      7500 Royal Rd

      APARTMENT HOUSE (5+ UNITS) • 8,190 SF
      7500 Royal Rd, Des Moines, IA 50315-6649
      View Details
    • Value Estimation by Request
      32,526 SF

      6808 Chaffee Rd

      APARTMENT HOUSE (5+ UNITS) • 32,526 SF
      6808 Chaffee Rd, Des Moines, IA 50315-6302
      View Details
    • Value Estimation by Request
      21,024 SF

      5015 9th St

      APARTMENT HOUSE (5+ UNITS) • 21,024 SF
      5015 9th St, Des Moines, IA 50315-4554
      View Details
    • Value Estimation by Request
      59,400 SF

      5201 9Th St

      Multifamily properties • 59,400 SF
      5201 9Th St, Des Moines, IA 50315
      View Details
    • Value Estimation
      $25,440,000
      53,895 SF

      1405 1st St

      APARTMENT HOUSE (5+ UNITS) • 53,895 SF
      1405 1st St, Des Moines, IA 50315-1283
      View Details

    Similar Nearby for Sale

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      Mixed-Use Building Near Downtown

      Mixed-use building with apartments and retail space near downtown.
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    • Contact for pricing
      0.46 Acres

      Des Moines Land: Prime Development Site

      0.46-acre commercial/residential lot in Des Moines, IA.
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    • $2,020,000
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      Des Moines Development Land

      20 Acres, Mixed-Use Potential
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    Similar Nearby for Lease

    • $10 SF/Yr
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      Des Moines Commercial Building For Rent

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    • $9 SF/Yr
      14,600 SF

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      Retail space with high visibility and ample parking.
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    • Contact for pricing
      310,000 SF

      Proposed Industrial Facility with Abatement

      Proposed industrial facility offering 310,000 SF with tax abatement.
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    • $12 SF/Yr
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      Updated Retail Space For Rent

      Recently updated 1600 SF retail space near downtown.
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    • $9 SF/Yr
      6,000 SF

      Industrial Space Available For Lease

      6,000 SF industrial space available for lease.
      5020-5034 Park Ave, Des Moines, IA 50315
      View Details
    • $10 SF/Yr
      1,630 SF

      Des Moines Office Space Available

      1,630 SF office space for lease in Des Moines.
      4601-4605 SW 9Th St, Des Moines, IA 50315
      View Details
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    200 Dickman Rd
    Des Moines, IA 50315-6262
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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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