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    Property profile & analytics

    2208 Broadway St Granger, IA 50109-7716

    • Office buildings
    • 1,104 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    $105,000
    Last Sale
    Jul 11, 2023
    $130,000
    Location Intelligence
    Property ID
    US25-0069511
    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

    • Christopher J. Janning, DC / Chiropractor

    Property Details for 2208 Broadway St

    Year built
    1905
    Lot size
    0.04 lot acres
    Property size
    1,104 SF
    Property type
    Office buildings
    APN
    812203016
    APU
    812203016

    Description

    This exceptional 1,104-square-foot mixed-use property at 2208 Broadway Street in Granger, Iowa, presents a rare investment opportunity. Built in 1905 and extensively renovated in 2024, this single-story building offers a blend of executive office and storefront space, perfect for an owner-user. The property sits on a 1,950-square-foot lot and is zoned for commercial use. Inside, you'll find high ceilings, exposed original brick walls, and brand-new air conditioning. The space is ready for a buyer's personal touch, with the installation of flooring and paint left to the new owner's preferences. Exterior features include a spacious backyard area, ideal for creating a patio or other outdoor amenity. The building's recent updates, combined with its charming character and prime location in Granger, IA (zip code 50109), make it an attractive proposition for a variety of businesses. A lockbox is located at the rear door, providing convenient access. This property offers a unique chance to establish a thriving business in a desirable community. The previous owner completed renovations to open an ice cream shop, but pursued other opportunities. This presents a turnkey opportunity for a new business owner.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $110,000

    • CAP approach

      CAP return
      Estimation
      6%
      $80,000
      6.5%
      $75,000
      7%
      $75,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $70,000
      Geo Method
      $75,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $70,000
      Retail
      $90,000
      Mixed-Use
      $75,000
      Hospitality
      $95,000
      Educational
      $95,000
      Residential Income
      $75,000
      Energy
      $85,000
      Income-Based Land
      $85,000
      Food Service
      $70,000

    Location Insight

    • Map
    • Local Demand
    City
    Granger
    County
    Dallas
    State
    Iowa
    Longitude
    -93.8208
    Latitude
    41.7598
    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
    2022
    $1,618
    $3,900
    $113,910
    $117,810
    -
    $3,900
    $113,910
    $117,810

    Comparable in this City

    • Value Estimation by Request
      24,300 SF

      1803 Burr Oak Blvd

      OFFICE BUILDING • 24,300 SF
      1803 Burr Oak Blvd, Granger, IA 50109-7706
      View Details
    • Value Estimation
      $920,000
      8,100 SF

      1800 Burr Oak Blvd

      OFFICE BUILDING • 8,100 SF
      1800 Burr Oak Blvd, Granger, IA 50109
      View Details
    • Value Estimation
      $200,000
      1,296 SF

      2206 Broadway St

      OFFICE BUILDING • 1,296 SF
      2206 Broadway St, Granger, IA 50109-7716
      View Details
    • Value Estimation
      $200,000
      1,876 SF

      2000 State St

      OFFICE BUILDING • 1,876 SF
      2000 State St, Granger, IA 50109-7740
      View Details
    • Value Estimation
      $175,000
      2,286 SF

      1909 Sycamore St

      OFFICE BUILDING • 2,286 SF
      1909 Sycamore St, Granger, IA 50109-9733
      View Details
    • Value Estimation by Request
      2,282 SF

      1904 State St

      OFFICE BUILDING • 2,282 SF
      1904 State St, Granger, IA 50109-7741
      View Details

    Similar Nearby for Sale

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      2.09 Acres Industrial Land

      2.09 acres of industrial land in Granger, Iowa.
      17579 V Ave, Granger, IA 50109
      View Details
    • Contact for pricing

      Commercial Land in Emerging Metro

      Land available in an emerging metro location with development opportunities.
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    • $450,000

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      Granger, IA Development Land

      Prime Commercial Development Site near Des Moines
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    • $160,000
      2.09 Acres

      Prime Granger Commercial Land

      2.09 Acres, Highway 141 Frontage
      17579 V Ave, Granger, IA 50109
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      Commercial Land for Sale

      Land available in emerging metro location with development opportunities.
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      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      20,000 SF

      Grimes Industrial Space For Lease

      20,000 SF industrial space available in Grimes, Iowa.
      1300 SE Little Beaver Dr, Grimes, IA 50109
      View Details
    • Contact for pricing
      7,130 SF

      Granger Commercial Land For Lease

      1.04 acre lot ideal for office, retail, or medical.
      Burr Oak Blvd, Granger, IA 50109
      View Details
    • $11 SF/Yr
      5,000 SF

      Warehouse and Office Space Available

      5,000 SF warehouse with office and outdoor storage.
      4405 SE Beisser Dr, Grimes, IA 50109
      View Details
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    2208 Broadway St
    Granger, IA 50109-7716
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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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