Property profile

4217 University Ave Des Moines, IA 50311

OFF-MARKET
Investment properties
Property ID
US25-0164566
5,364 SF 0.3 ac lot Built 1985
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1985
Construction FRAME
Total area 5,364 SF
Lot 0.3 ac (12,900 SF)
Zoning code C-0
APN 100/04338-000-000
UPID US25-0164566

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
  • Alternative Medicine Practice
  • Social Service Agency Charitable Organization
  • Medical Supply Store
  • Physician
  • Alternative Medicine Practice Spa & Massage Center

Location

4217 University Ave Des Moines, IA 50311-3421
Des Moines metro Census 902 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
$845k
Comparable Approach Comparable
$457k
Blend (final) Blend
$320k

Owner & transaction history

since 2016
4 recorded transactions
2016
$282,500
2008
$200,000
2005
Price N/A
2005
Price N/A

Zoning & alternative use

C-0 · Des Moines, IA
Top alternative use upside
Auto repair, garage $925,000 +67.7%
Medical building $895,000 +62.1%
Restaurant $830,000 +50.3%

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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