Technical
Financial
Distress signals
Property profile

4000 Merle Hay Rd Des Moines, IA 50310

OFF-MARKET
Retail space
Property ID
US25-0257837
55,526 SF 3.77 ac lot Built 2022
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2022
Construction STEEL FRAME
Total area 55,526 SF
Lot 3.77 ac (164,395 SF)
Zoning code C-4
APN 100/09472-004-004
UPID US25-0257837

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
  • Home Appliance Store
  • HVAC Service General Contractor
  • Department Store
  • Cosmetic Store

Location

4000 Merle Hay Rd Des Moines, IA 50310-1333
Des Moines metro Census 801 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.48M
Blend (final) Blend
$4.71M

Owner & transaction history

Zoning & alternative use

C-4 · 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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