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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2440 Easton Blvd Des Moines, IA 50317-6448

3,019 SF 0.3 ac lot Built 1987
Entity Owned 1-yr Hold Free & Clear
Property ID
US25-0265478
Property summary
AI-generated overview

This thriving Des Moines auto body shop, located at 2440 Easton Blvd, is offered for sale at $380,000. The 3,019 square foot building, constructed in 1951 and renovated in 1985, sits on a 12,918 square foot lot zoned MX3 Mixed Use District. The property features a large, open shop area with 8' and 9' tall drive-thru doors, perfect for accommodating various vehicles. Additional amenities include an air-conditioned office, a half bath, attached garage space for indoor storage, and a custom-built LED-lit downdraft paint room. The sale includes a comprehensive inventory of tools, ranging from an infrared drying arm and hoists to air compressors, paint tools, and a vast collection of hand tools. A new roof installed in 2023 significantly improves energy efficiency. The property also benefits from ample off-street parking and currently operates as a U-Haul rental facility for one truck. This turnkey opportunity presents a chance to acquire an established business with significant potential for growth in a desirable location. The property is owner-owned and consists of one building with one story.

Property profile
Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1987
Construction FRAME
Total area 3,019 SF
Lot 0.3 ac (12,918 SF)
Zoning code C-1
APN 060/02586-000-000
UPID US25-0265478
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
T & C Property Investments LLC · 1 yrs held
T & C Property Investments LLC
since 2025
Last sale
$300,000
2 recorded transactions
2025
Price N/A
2025
$300,000
Zoning & alternative use
C-1 · Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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