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    Property profile & analytics

    208 Ct Ave Des Moines, IA 50309-2208

    • Turn key restaurants
    • 11,616 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $445,000
    Location Intelligence
    Property ID
    US25-0303048
    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

    • Full Court Press / Professional Services
    • RoCA / Restaurant / Bar
    • Shorty's Somewhat Fancy Bar / Bar / Restaurant

    Property Details for 208 Ct Ave

    Year built
    2006
    Construction
    FRAME
    Lot size
    0.07 lot acres
    Property size
    11,616 SF
    Zone code
    C-3R
    Property type
    Turn key restaurants
    APN
    020/01349-000-000
    APU
    2001349000000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $400,000

    • CAP approach

      CAP return
      Estimation
      6%
      $580,000
      6.5%
      $550,000
      7%
      $545,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $570,000
      Geo Method
      $455,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $505,000
      Retail
      $490,000
      Mixed-Use
      $550,000
      Hospitality
      $600,000
      Educational
      $605,000
      Residential Income
      $615,000
      Energy
      $600,000
      Income-Based Land
      $505,000
      Food Service
      $505,000

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6195
    Latitude
    41.5852
    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
    $18,358
    $97,900
    $374,100
    $472,000
    -
    $97,900
    $374,100
    $472,000

    Comparable in this City

    • Value Estimation by Request
      8,979 SF

      112 4th St, Unit 101

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      View Details
    • Value Estimation
      $1,190,000
      6,508 SF

      208 3rd St

      RESTAURANT • 6,508 SF
      208 3rd St, Des Moines, IA 50309-2204
      View Details
    • Value Estimation
      $300,000
      4,536 SF

      416 Walnut St

      RESTAURANT • 4,536 SF
      416 Walnut St, Des Moines, IA 50309-2029
      View Details
    • Value Estimation
      $620,000
      8,465 SF

      316 Ct Ave

      RESTAURANT • 8,465 SF
      316 Ct Ave, Des Moines, IA 50309-2210
      View Details
    • Value Estimation
      $915,000
      5,273 SF

      400 Walnut St, Unit R-1-4

      RESTAURANT • 5,273 SF
      400 Walnut St, Des Moines, IA 50309-2217
      View Details
    • Value Estimation
      $320,000
      2,143 SF

      418 5th St

      RESTAURANT • 2,143 SF
      418 5th St, Des Moines, IA 50309-1902
      View Details

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    208 Ct Ave
    Des Moines, IA 50309-2208
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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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