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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Day care centers
2501 Vine St West Des Moines, IA 50265-3237
Entity Owned
5-yr Hold
Free & Clear
Property ID
US25-0347592
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1999
Construction
STEEL FRAME
Total area
26,536 SF
Lot
2.92 ac (127,239 SF)
Zoning code
CVC
APN
320/01720-005-005
UPID
US25-0347592
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
-
Vine Street Child Care Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$940k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$601k
Blend (final)
Blend
$815k
Owner & transaction history
Bffbp LLC · 5 yrs held
Bffbp LLC
since 2021
Last sale
$850,000
3 recorded transactions
Zoning & alternative use
CVC · West Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Convenience commercial areas shall be designated to provide for single users commercial sites or small commercial centers and uses which provide opportunities for the sale of most frequently purchased goods or services. Typical uses in this designation would be a convenience market, professional offices, daycare centers, banks, and other personal services. L…
Zone name
Convenience Commercial
General category
COMMERCIAL
Zone area
9.16 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs West Des Moines submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Des Moines submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$815,000
ML approach
$940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$815k
Range $734k – $897k · ±10% · vs last sale $850k (May 4 2021)
Last sale anchor
$850k
May 4 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$31 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$30,582
Tax year 2020
Assessed value
$1,080,000
Assessed 2023
Previous assessed
$1,080,000
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$352,000
Assessed improvement
$728,000
Land market value
$352,000
Improvement market value
$728,000
Total market value
$1,080,000
Applied tax rate
20.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1999
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
YES
Buildings
1
Stories
2
Total area
26,536 SF
Lot
2.92 ac (127,239 SF)
Zoning code
CVC
APN
320/01720-005-005
UPID
US25-0347592
Jurisdiction
POLK
Zoning & alternative use
CVC · West Des Moines, IAZoning CVC · permitted uses
CVC · West Des Moines, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Convenience commercial areas shall be designated to provide for single users commercial sites or small commercial centers and uses which provide opportunities for the sale of most frequently purchased goods or services. Typical uses in this designation would be a convenience market, professional offices, daycare centers, banks, and other personal services. Like neighborhood commercial designated areas, convenience commercial areas shall be specifically designed and operated to be compatible with adjacent residential areas. Specifically, limitations on the design and the operation of uses shall include architectural and building mass, hours of operation, delivery vehicles, noise and lighting control, signage and traffic. Developments shall be limited to one story in height and have a residential exterior design, material and roof style. Projects shall emphasize unrestricted pedestrian access to and from surrounding residential areas.
Zone name
Convenience Commercial
General category
COMMERCIAL
Zone area
9.16 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1999
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
2
Buildings
1
Lot
2.92 ac
Current owner
From public records · entity-resolved
Bffbp LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2501 VINE ST, WEST DES MOINES, IA 50265-3237
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2021
—
Bffbp LLC
Hollie Allen
Quit Claim Deed
related
—
Jul 10, 2019
$850,000
Maho Enterprises LLC
Iowa Christian Academy INC
Warranty Deed
$507,500 · Lincoln Savings Bank
—
—
Iowa Christian Academy INC
—
Deed Of Trust
related
$877,092 · West Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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