Property profile

4041 Merle Hay Rd Des Moines, IA 50310

OFF-MARKET
Banks
Property ID
US25-0107303
11,207 SF 0.69 ac lot Built 1991
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1991
Construction FRAME
Total area 11,207 SF
Lot 0.69 ac (29,880 SF)
Zoning code C-2
APN 100/00734-001-000
UPID US25-0107303

Cap rate & NOI

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

Location

4041 Merle Hay Rd Des Moines, IA 50310
Des Moines metro Census 801 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$455k

Owner & transaction history

since 2024
Last sale
$33,750
3 recorded transactions
2024
$62,500
2018
$33,750
2004
$175,000

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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