2543 University Ave Des Moines, IA 50317-5340
Property profile & analytics
2543 University Ave, Des Moines, IA 50317-5340
- Grocery and convenience stores
- 16,286 SF
- 1.68 lot acres
Property ID
US25-0257592
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.
Location Intelligence
Current Use by Public Records
- ALDI / Specialty Food Shop / Supermarket
Property Details for 2543 University Ave
- Year built
- 2021
- Construction
- STEEL FRAME
- Lot size
- 1.68 lot acres
- Zone code
- C-1
- Property type
- Grocery and convenience stores
- APN
- 050/03743-000-001
- APU
- 5003743000001
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,635,000
- 6.5%
- $2,435,000
- 7%
- $2,260,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,370,000
- AI Estimate
- $1,907,000
Market price range: $931k - $3.02MMarket price range: $760k - $2.45M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,890,000 Current use
- AUTO REPAIR, GARAGE
- $2,805,000 Change: +48% Conversion: Difficult
- MEDICAL BUILDING
- $2,710,000 Change: +43% Conversion: Difficult
- RESTAURANT
- $2,515,000 Change: +33% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $2,400,000 Change: +27% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,670,000 Change: -12% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.5686
- Latitude
- 41.6
- 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
2023
$0.00
$442,000
$1,508,000
$1,950,000
-
$442,000
$1,508,000
$1,950,000
