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Property profile & analytics
OFF-MARKET
Car washes
3764 Hubbell Ave Des Moines, IA 50317-4302
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US25-0634228
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1989
Construction
STEEL FRAME
Total area
3,270 SF
Lot
0.65 ac (28,215 SF)
Zoning code
C-2
APN
060/08973-007-000
UPID
US25-0634228
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
-
Superior Car Wash, Des Moines, IA Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
City Of Des Moines · 7 yrs held
City Of Des Moines
since 2018
6 recorded transactions
Zoning & alternative use
C-2 · Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Des Moines submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,646
Tax year 2020
Assessed value
$385,000
Assessed 2023
Previous assessed
$385,000
+0.0% YoY
Effective rate
2.51%
On assessed value
Assessed land
$99,700
Assessed improvement
$285,300
Land market value
$99,700
Improvement market value
$285,300
Total market value
$385,000
Applied tax rate
1.0000
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
FLOOR/WALL FURNACE
Buildings
1
Stories
1
Total area
3,270 SF
Lot
0.65 ac (28,215 SF)
Zoning code
C-2
APN
060/08973-007-000
UPID
US25-0634228
Jurisdiction
POLK
Zoning & alternative use
C-2 · Des Moines, IAZoning C-2 · permitted uses
C-2 · Des Moines, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1989
Construction
STEEL FRAME
Heating
FLOOR/WALL FURNACE
Stories
1
Buildings
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
City Of Des Moines
Entity
Mailing address
1517 NE 134TH AVE, ALLEMAN, IA 50007-9720
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2018
—
City Of Des Moines
2key LLC
Warranty Deed
—
Nov 15, 2017
$300,000
2key LLC
Rhb Enterprises LLC
Warranty Deed
$2,000,000 · State Savings Bank
Nov 14, 2012
—
T10 Unison Site Management LLC
—
Grant Deed
related
$650,000,000 · Deutsche Bk Tr Co Americas
Nov 1, 2006
$329,500
Rhb Enterprises LLC
Iowa State Bank
Corporation Deed
$230,000 · Iowa State Bank
Nov 1, 2006
—
Iowa State Bank
Carl D Baker
Quit Claim Deed
related
—
Sep 7, 2006
$275,378
Iowa State Bank
Sheriff Of Polk County
Trustees Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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