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    Property profile & analytics

    4115 University Ave Des Moines, IA 50311-3574

    • Strip malls
    • 13,899 SF
    • 0.57 lot acres
    OFF-MARKET
    Value Estimation
    $590,000
    Location Intelligence
    Property ID
    US25-0281927
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Terry Taylor - State Farm Insurance Agent / Insurance Agency / Auto Insurance Agency
    • Heartland Animal Hospital / Veterinarian / Animal Hospital

    Property Details for 4115 University Ave

    Year built
    2010
    Construction
    FRAME
    Lot size
    0.57 lot acres
    Property size
    13,899 SF
    Zone code
    NPC
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    100/04393-002-000
    APU
    10004393002000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $510,000

    • CAP approach

      CAP return
      Estimation
      6%
      $735,000
      6.5%
      $715,000
      7%
      $740,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $790,000
      Geo Method
      $725,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $650,000
      Retail
      $730,000
      Mixed-Use
      $640,000
      Hospitality
      $775,000
      Educational
      $785,000
      Residential Income
      $770,000
      Energy
      $775,000
      Income-Based Land
      $635,000
      Food Service
      $605,000

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6736
    Latitude
    41.6007
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $32,254
    $211,000
    $789,000
    $1,000,000
    -
    $211,000
    $789,000
    $1,000,000

    Comparable in this City

    • Value Estimation by Request
      15,675 SF

      4118 University Ave

      SHOPPING CENTER, STRIP CENTER • 15,675 SF
      4118 University Ave, Des Moines, IA 50311
      View Details
    • Value Estimation
      $410,000
      13,696 SF

      2413 University Ave

      SHOPPING CENTER, STRIP CENTER • 13,696 SF
      2413 University Ave, Des Moines, IA 50311-4501
      View Details
    • Value Estimation by Request
      12,970 SF

      4040 University Ave

      SHOPPING CENTER, STRIP CENTER • 12,970 SF
      4040 University Ave, Des Moines, IA 50311-3559
      View Details
    • Value Estimation by Request
      4,984 SF

      4700 University Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,984 SF
      4700 University Ave, Des Moines, IA 50311-3302
      View Details
    • Value Estimation by Request
      1,100 SF

      4710 University Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,100 SF
      4710 University Ave, Des Moines, IA 50311-3302
      View Details
    • Value Estimation
      $215,000
      2,000 SF

      3011 Frst Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,000 SF
      3011 Frst Ave, Des Moines, IA 50311-2911
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      5,800 SF

      Des Moines Retail Space For Lease

      Modern Retail, 5,800 SF Available
      2530 University Ave, Des Moines, IA 50311
      View Details
    • $14 SF/Yr
      1,701 SF

      Retail Space Near Drake University

      Retail space available near Drake University, Des Moines.
      2300 University Ave, Des Moines, IA 50311
      View Details
    • $23 SF/Yr
      238 SF

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      Eastside office suite with shared kitchenette and ample parking.
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    • $650 /Mo
      5,198 SF

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    4115 University Ave
    Des Moines, IA 50311-3574
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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