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    2945 University Ave Des Moines, IA 50317-8235
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    Property profile & analytics

    2945 University Ave, Des Moines, IA 50317-8235

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    • Grocery and convenience stores
    • 5,745 SF
    • 1.32 lot acres
    Off-Market
    Property ID
    US25-1353176
    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.

    Value Estimations
    $685,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • QuikTrip / Gas Station
    • Western Union / Bank / Credit Union

    Property Details for 2945 University Ave

    Year built
    2014
    Construction
    STEEL FRAME
    Lot size
    1.32 lot acres
    Property type
    Grocery and convenience stores
    APN
    050/01351-006-000
    APU
    5001351006000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 13, 2023 — Hurd Investments LLC — Deed · related $7.8M · Northwest Bank
    Feb 21, 2017 — Hurd Investments LLC — Grant Deed · related $25M · Bankers Tr
    — — Hurd Investments LLC — Deed Of Trust · related $4.5M · Bankers Tr

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $664,000
      Market price range: $363k - $790k
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $460,000
      Current use
      AUTO REPAIR, GARAGE
      $990,000
      Change: +115% Conversion: Difficult
      MEDICAL BUILDING
      $955,000
      Change: +108% Conversion: Difficult
      RESTAURANT
      $885,000
      Change: +93% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $845,000
      Change: +84% Conversion: Difficult
      RETAIL STORES
      $665,000
      Change: +45% Conversion: Easy
      COMMERCIAL (GENERAL)
      $590,000
      Change: +28% Conversion: Easy
      WAREHOUSE, STORAGE
      $530,000
      Change: +15% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.559
    Latitude
    41.6001
    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
    $72,024
    $543,900
    $1,872,500
    $2,416,400
    -
    $543,900
    $1,872,500
    $2,416,400
    More about this property
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