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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Retail properties & Spaces
4300 14th St, Des Moines, IA 50320-1640
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US25-2566216
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1940
Construction
FRAME
Total area
7,445 SF
Lot
1.1 ac (48,003 SF)
Zoning code
C-2
APN
120/02672-000-000
UPID
US25-2566216
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Scott's Automotive Services Inc Auto Repair Shop
-
A-1 Radiator Services Auto Repair Shop
-
Lifesafer Ignition Interlock Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$556k
Blend (final)
Blend
$550k
Owner & transaction history
Scott L Weyer · 11 yrs held
Scott L Weyer
since 2015
7 recorded transactions
Zoning & alternative use
C-2 · Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$865,000
+45.9%
Commercial (general)
$765,000
+29.0%
Warehouse, storage
$685,000
+15.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Des Moines submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Des Moines submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING)
$595,000
Current use
RETAIL STORES
$865,000
Change: +46% · Conversion: Difficult
COMMERCIAL (GENERAL)
$765,000
Change: +29% · Conversion: Difficult
WAREHOUSE, STORAGE
$685,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$74 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$15,238
Tax year 2020
Assessed value
$547,000
Assessed 2023
Previous assessed
$547,000
+0.0% YoY
Effective rate
2.79%
On assessed value
Assessed land
$228,000
Assessed improvement
$319,000
Land market value
$228,000
Improvement market value
$319,000
Total market value
$547,000
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1940
Construction
FRAME
Heating
CENTRAL
Buildings
1
Stories
3
Rooms
7
Bathrooms
2
Total area
7,445 SF
Lot
1.1 ac (48,003 SF)
Zoning code
C-2
APN
120/02672-000-000
UPID
US25-2566216
Jurisdiction
POLK
Zoning & alternative use
C-2 · Des Moines, IA
Zoning C-2 · permitted uses
C-2 · Des Moines, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Des Moines. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
Est. value
$595,000
RETAIL STORES
Est. value
$865,000
COMMERCIAL (GENERAL)
Est. value
$765,000
WAREHOUSE, STORAGE
Est. value
$685,000
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1940
Construction
FRAME
Heating
CENTRAL
Stories
3
Buildings
1
Rooms
7
Bathrooms
2
Lot
1.1 ac
Current owner
From public records · entity-resolved
Scott L Weyer
Individual
Mailing address
4300 SE 14TH ST, DES MOINES, IA 50320-1640
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2015
$360,000
Scott L Weyer
First National Bank
Warranty Deed
$500,000 · First National Bank Ames Iowa
May 29, 2009
$360,000
Scott L Weyer
First Bank
Grant Deed
—
Jan 23, 2009
—
First Bank
Dkc Properties LLC
Grant Deed
—
Jan 20, 2005
$450,000
Dkc Properties LLC
Winfrey,irvin O & Maxine R
Warranty Deed
$388,926 · First Bank
—
—
Dkc Properties LLC
—
Deed Of Trust
related
$227,826 · First Bank
—
—
Dkc Properties LLC
—
Deed Of Trust
related
$227,569 · First Bank
—
—
Dkc Properties LLC
—
Deed Of Trust
related
$70,000 · Irvin O Winfrey
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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