Property profile

3848 6th Ave Des Moines, IA 50313

OFF-MARKET
Auto shops
Property ID
US25-2581654
1,523 SF 0.24 ac lot Built 1930
Individually Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1930
Construction FRAME
Total area 1,523 SF
Lot 0.24 ac (10,500 SF)
Zoning code C-2
APN 070/03935-001-000
UPID US25-2581654

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
  • Auto Repair Shop Vehicle Inspection Center

Location

3848 6th Ave Des Moines, IA 50313-3427
Des Moines metro Census 600 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$140k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$115k

Owner & transaction history

since 2022
Last sale
$125,000
6 recorded transactions
2022
$125,000
2016
$125,000
2016
Price N/A
2010
$115,000
2005
$89,500
2004
$85,000

Zoning & alternative use

C-2 · 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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