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    Property profile & analytics

    2411 Grand Ave Des Moines, IA 50312-5343

    • Investment properties
    • 8,004 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $620,000
    Last Sale
    Jan 05, 2021
    $610,000
    Location Intelligence
    Property ID
    US25-0255839
    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

    • Moberg Framing / Art Restoration Service / Art Supply Store
    • Captain Jack Communications / Web Hosting Company
    • SEO Specialist Des Moines - Internet Marketing / Marketing Consultant / Website Designer
    • BitMethod / Website Designer
    • Moberg Gallery / Art Gallery / Art Dealer

    Property Details for 2411 Grand Ave

    Year built
    1986
    Construction
    STEEL FRAME
    Lot size
    0.28 lot acres
    Property size
    8,004 SF
    Zone code
    C-2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    030/06288-000-000
    APU
    3006288000000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $605,000

    • CAP approach

      CAP return
      Estimation
      6%
      $520,000
      6.5%
      $590,000
      7%
      $545,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $585,000
      Geo Method
      $595,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $550,000
      Retail
      $635,000
      Mixed-Use
      $710,000
      Hospitality
      $605,000
      Educational
      $590,000
      Residential Income
      $715,000
      Energy
      $660,000
      Income-Based Land
      $595,000
      Food Service
      $700,000

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6505
    Latitude
    41.5848
    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
    $12,770
    $155,000
    $304,000
    $459,000
    -
    $155,000
    $304,000
    $459,000

    Comparable in this City

    • Value Estimation by Request
      11,760 SF

      2501 Grand Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 11,760 SF
      2501 Grand Ave, Des Moines, IA 50312-5342
      View Details
    • Value Estimation
      $275,000
      2,460 SF

      2716 Grand Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,460 SF
      2716 Grand Ave, Des Moines, IA 50312-5218
      View Details
    • Value Estimation
      $600,000
      10,080 SF

      3209 Ingersoll Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 10,080 SF
      3209 Ingersoll Ave, Des Moines, IA 50312-3929
      View Details
    • Value Estimation
      $500,000
      7,583 SF

      3706 Ingersoll Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 7,583 SF
      3706 Ingersoll Ave, Des Moines, IA 50312-3411
      View Details
    • Value Estimation
      $410,000
      17,902 SF

      5835 Grand Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 17,902 SF
      5835 Grand Ave, Des Moines, IA 50312-1437
      View Details
    • Value Estimation
      $480,000
      10,048 SF

      2211 Grand Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 10,048 SF
      2211 Grand Ave, Des Moines, IA 50312
      View Details

    Similar Nearby for Sale

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    • $41,500
      0.08 Acres

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      Vacant lot in established neighborhood, ideal for building or investment.
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    Similar Nearby for Lease

    • $12 SF/Yr
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      Des Moines Office Space for Lease

      Prime Des Moines office, flexible suites available.
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    • $20 SF/Yr
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      Ingersoll Avenue Standalone Building

      Standalone building on Ingersoll Avenue, ideal for office or retail.
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    • $20 SF/Yr
      90,223 SF

      Grand Avenue Office Building

      Five-story office building in DMU32 Health and Business Complex.
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    • $34 SF/Yr
      9,560 SF

      Ingersoll Avenue Retail Space

      Versatile ground level retail space in a modern, sustainable building.
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      View Details
    • $10 SF/Yr
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      Des Moines Executive Office Suites

      Class A Office Space, Des Moines, IA
      2600 Grand Ave, Des Moines, IA 50312
      View Details
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    Des Moines, IA 50312-5343
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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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