Technical
Financial
Distress signals
Property profile

2425 Hubbell Ave Des Moines, IA 50317

OFF-MARKET
Other commercial real estate
Property ID
US25-0246737
408 SF 0.27 ac lot
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This multi-tenant industrial building contains approximately 4,500 square feet of space and is positioned on a 130,078 square foot lot. The property provides loading dock access and is located about 1/2 mile from the I235 ramp, with access to downtown and nearby Interstate 80 within approximately 7 minutes.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 408 SF
Lot 0.27 ac (11,603 SF)
Zoning code PUD
APN 060/06299-000-000
UPID US25-0246737

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Sports Field & Court
  • Gym & Fitness Center
  • Trucking Company
  • Gym & Fitness Center

Location

2425 Hubbell Ave Des Moines, IA 50317-6415
Des Moines metro Census 1800 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$115k

Owner & transaction history

since 2016
4 recorded transactions
2022
Price N/A
2016
$2.2M
2006
$7.2M
2004
Price N/A

Zoning & alternative use

PUD · Des Moines, IA
Zoning description

The PUD Legacy District is a zoning classification that is no longer accepting new or expanded applications. Only existing PUDs established before a specified effective date continue under this legacy status. These grand…

General category PLANNED_DEVELOPMENT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2425 Hubbell Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message