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Property profile & analytics
OFF-MARKET
Manufacturing properties
3811 Dixon St Des Moines, IA 50313-3907
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US25-0024082
Property profile
Verified
Property type
Manufacturing properties
Use group
FACTORY (MANUFACTURING)
Year built
1961
Construction
STEEL FRAME
Total area
240,510 SF
Lot
20.56 ac (895,593 SF)
Zoning code
M-1
APN
110/04162-007-002
UPID
US25-0024082
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
-
Jacobson Companies, Inc. Logistics Company Freight Service
-
JT Logistics Logistics Company Freight Service
-
L I V I T - A Staffing Agency Employment Agency
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
Dixon Props 3811 LLC · 6 yrs held
Dixon Props 3811 LLC
since 2020
Last sale
$26.4M
7 recorded transactions
Zoning & alternative use
M-1 · 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 2023Property tax & assessments
Tax year 2023
Tax billed
$353,286
Tax year 2023
Assessed value
$9,320,000
Assessed 2024
Previous assessed
$9,320,000
+0.0% YoY
Effective rate
3.79%
On assessed value
Assessed land
$1,810,000
Assessed improvement
$7,510,000
Land market value
$1,810,000
Improvement market value
$7,510,000
Total market value
$9,320,000
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
Manufacturing properties
Use group
FACTORY (MANUFACTURING)
Status
Off-Market
Year built
1961
Construction
STEEL FRAME
Heating
YES
Buildings
3
Stories
3
Total area
240,510 SF
Lot
20.56 ac (895,593 SF)
Zoning code
M-1
APN
110/04162-007-002
UPID
US25-0024082
Jurisdiction
POLK
Zoning & alternative use
M-1 · Des Moines, IAZoning M-1 · permitted uses
M-1 · 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
1961
Construction
STEEL FRAME
Heating
YES
Stories
3
Buildings
3
Lot
20.56 ac
Current owner
From public records · entity-resolved
Dixon Props 3811 LLC
Entity
Free & Clear · 6 yrs held
Mailing address
2540 73RD ST, URBANDALE, IA 50322-4700
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2025
—
Dixon Properties - 3811 LLC
—
Deed
related
$29,345,914 · Bcl-cre 3 LLC An Hlinois Limited Liabili
Dec 7, 2023
—
Dixon Properties 3811 LLC
—
Deed
related
$1,848,299 · Peoples Savings Bank
Nov 22, 2023
—
Dixon Properties 3811 LLC
—
Deed
related
$3,592,036 · Central State Bank
Dec 23, 2021
—
Dixon Properties 3811 LLC
—
Deed
related
$1,848,299 · Peoples Savings Bank
Aug 4, 2021
—
Dixon Properties 3811 LLC
—
Deed
related
$2,151,112 · Central State Bank
May 22, 2020
$8,355,000
Dixon Props 3811 LLC
Des Moines Warehouses Ll Dixon
Grant Deed
—
Mar 17, 2016
—
Dixon Des Moines Warehouses Ll
Dixon & 51st Tic 1 LLC
Quit Claim Deed
$17,500,000 · Other Institutional Lenders
Mar 16, 2006
$5,671,500
Dixon & 51st Tic 24 LLC
Dixon & 51st Acquisitions LLC
Grant Deed
related
—
Feb 24, 2006
$4,773,625
Dixon & 51st Tic 17 LLC
Dixon & 51st Acquisitions LLC
Grant Deed
related
—
Feb 2, 2006
$12,881,750
Dixon & 51st Tic 6 LLC
Dixon & 51st Acquisitions LLC
Grant Deed
related
—
Jan 6, 2006
$26,416,000
Dixon & 51st Acquisitions LLC
First Industrial Dev Svcs INC
Grant Deed
$18,500,000 · Pnc Bank
Jan 6, 2006
$71,500
Dixon & 51st Investors LLC
Dixon,& 51st Acquisitions LLC
Grant Deed
related
—
Jul 25, 2005
$9,335,000
First Industrial Dev Svcs INC
Jacobson Texas Prop Investment
Grant Deed
—
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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