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    Property profile & analytics

    2800 University Ave Des Moines, IA 50317-8234

    • Retail space
    • 7,700 SF
    • 0.65 lot acres
    OFF-MARKET
    Value Estimation
    $520,000
    Last Sale
    Apr 19, 2023
    $494,000
    Location Intelligence
    Property ID
    US25-0427784
    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

    • The Harkin Institute for Public Policy & Citizen Engagement / Academic Department
    • Smokin' Joe's / Tobacco Shop / Beer Store
    • Iowa Soft Water / Water Softening Equipment Supplier
    • Aqua Systems of Des Moines/Iowa Soft Water / Water Softening Equipment Supplier / Plumber

    Property Details for 2800 University Ave

    Year built
    2010
    Construction
    STEEL FRAME
    Lot size
    0.65 lot acres
    Property size
    7,700 SF
    Zone code
    C-2
    Property type
    Retail space
    APN
    060/03625-003-000
    APU
    6003625003000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $560,000

    • CAP approach

      CAP return
      Estimation
      6%
      $430,000
      6.5%
      $430,000
      7%
      $475,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $435,000
      Geo Method
      $435,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $440,000
      Retail
      $425,000
      Mixed-Use
      $410,000
      Hospitality
      $385,000
      Educational
      $465,000
      Residential Income
      $455,000
      Energy
      $445,000
      Income-Based Land
      $400,000
      Food Service
      $400,000

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.5621
    Latitude
    41.6009
    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
    $14,940
    $146,000
    $393,000
    $539,000
    -
    $146,000
    $393,000
    $539,000

    Comparable in this City

    • Value Estimation by Request
      647 SF

      2276 Hubbell Ave

      RETAIL STORES (PERSONAL SERVICES) • 647 SF
      2276 Hubbell Ave, Des Moines, IA 50317-2557
      View Details
    • Value Estimation by Request
      5,760 SF

      2525 Easton Blvd

      RETAIL STORES (PERSONAL SERVICES) • 5,760 SF
      2525 Easton Blvd, Des Moines, IA 50317-6119
      View Details
    • Value Estimation
      $750,000
      4,356 SF

      2221 Euclid Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,356 SF
      2221 Euclid Ave, Des Moines, IA 50317-3655
      View Details
    • Value Estimation
      $245,000
      1,708 SF

      3304 University Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,708 SF
      3304 University Ave, Des Moines, IA 50317-2415
      View Details
    • Value Estimation
      $220,000
      5,822 SF

      2501 Walnut St

      RETAIL STORES (PERSONAL SERVICES) • 5,822 SF
      2501 Walnut St, Des Moines, IA 50317-7951
      View Details
    • Value Estimation
      $225,000
      1,288 SF

      2805 Hubbell Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,288 SF
      2805 Hubbell Ave, Des Moines, IA 50317-3067
      View Details

    Similar Nearby for Sale

    • $1,250,000
      2.06 Acres

      Des Moines Retail & Land Investment

      Prime University Ave Storefront, Redevelopment Potential
      2715 University Ave, Des Moines, IA 50317
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    • $750,000
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      Mixed-Use Property Near Downtown

      8,880 SF property with apartments and commercial space.
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    • $3,100,000
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      20,000 SF auto shop with NNN lease for sale.
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    • $700,000
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      Des Moines QSR Investment Opportunity

      High-traffic QSR building, drive-thru, 3881 SF.
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    • $81,000
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      Land for new home construction with tax abatement in Des Moines.
      5694 Walnut Ridge Dr, Des Moines, IA 50317
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    Similar Nearby for Lease

    • $14 SF/Yr
      2,800 SF

      Retail Space on High-Traffic Corridor

      Retail space with high visibility and street frontage available for lease.
      2450-2480 E Euclid Ave, Des Moines, IA 50317
      View Details
    • $8 SF/Yr
      3,366 SF

      Retail Space Near Interstate 235

      Retail property with direct access to I-235 and ample parking.
      2545 E Euclid Ave, Des Moines, IA 50317
      View Details
    • $15 SF/Yr
      797 SF

      Retail Spaces Available For Lease

      Retail spaces for lease with front door parking and signage.
      2355 E University Ave, Des Moines, IA 50317
      View Details
    • $9 SF/Yr
      36,000 SF

      Hubbell Avenue Retail/Warehouse Space

      Retail/warehouse space with outdoor storage, near major highways.
      4905 Hubbell Ave, Des Moines, IA 50317
      View Details
    • $9 SF/Yr
      4,790 SF

      East Pointe Plaza: Des Moines Office

      Des Moines executive office suites available.
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    • $4 SF/Yr
      130,078 SF

      Des Moines Warehouse Space Available

      130,078 SF Warehouse, Des Moines, IA
      2425 Hubbell Ave, Des Moines, IA 50317
      View Details
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    2800 University Ave
    Des Moines, IA 50317-8234
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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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