Technical
Financial
Distress signals
Property profile

3200 Frst Ave Des Moines, IA 50311

OFF-MARKET
Turn key restaurants
Property ID
US25-0291152
2,335 SF 0.46 ac lot Built 2020
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2020
Construction FRAME
Total area 2,335 SF
Lot 0.46 ac (19,849 SF)
Zoning code C-1
APN 100/00162-001-000
UPID US25-0291152

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

3200 Frst Ave Des Moines, IA 50311-2840
Des Moines metro Census 1000 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$810k
CAP Approach CAP
by Request
Comparable Approach Comparable
$521k
Blend (final) Blend
$775k

Owner & transaction history

since 2020
Last sale
$775,000
7 recorded transactions
2025
Price N/A
2020
$775,000
2020
Price N/A
2018
Price N/A
2009
Price N/A
2005
Price N/A
1969
Price N/A

Zoning & alternative use

C-1 · Des Moines, IA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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