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Property profile & analytics
FOR LEASE
Investment properties
4300 Westown Pkwy West Des Moines, IA 50266
Entity Owned
1-yr Hold
Free & Clear
Property ID
US25-2490236
For Lease
1 / 4
$8 SF/Yr
4300 Westown Pkwy, West Des Moines, IA 50266
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1992
Construction
FRAME
Total area
107,068 SF
Lot
8.94 ac (389,514 SF)
Zoning code
PUD OFFICE
APN
320/04947-030-406
UPID
US25-2490236
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
-
Datavision Resources Loan Service Bank
-
Internal Revenue Service (IRS) Tax Department Government Office
-
QCI - Quality Consulting, Inc. Tech Support Center IT Consulting Firm
-
Equifax Business Service Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.61M
CAP Approach
CAP
$16.31M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.92M
Owner & transaction history
Trinity Investment Firm LLC · 1 yrs held
Trinity Investment Firm LLC
since 2025
Last sale
$13.9M
7 recorded transactions
Zoning & alternative use
PUD OFFICE · West Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$18.4M
+86.8%
Auto repair, garage
$16.6M
+68.5%
Apartment house (5+ units)
$16.2M
+64.2%
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 West Des Moines submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West 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
$15,960,000
ML approach
$9,605,000
CAP Approach
CAP Return
Estimation
6%
$17,665,000
6.5%
$16,305,000
7%
$15,140,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$9,870,000
Current use
RESTAURANT
$18,430,000
Change: +87% · Conversion: Difficult
AUTO REPAIR, GARAGE
$16,630,000
Change: +69% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$16,210,000
Change: +64% · Conversion: Moderate
MEDICAL BUILDING
$16,160,000
Change: +64% · Conversion: Easy
RETAIL STORES
$12,490,000
Change: +27% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$10,555,000
Change: +7% · Conversion: Difficult
WAREHOUSE, STORAGE
$9,135,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$13.92M
Range $12.52M – $15.31M · ±10% · vs last sale $13.85M (Dec 18 2020)
Last sale anchor
$13.85M
Dec 18 2020
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
$130 / 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
$205,778
Tax year 2020
Assessed value
$7,920,000
Assessed 2023
Previous assessed
$7,920,000
+0.0% YoY
Effective rate
2.60%
On assessed value
Assessed land
$3,280,000
Assessed improvement
$4,640,000
Land market value
$3,280,000
Improvement market value
$4,640,000
Total market value
$7,920,000
Applied tax rate
20.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
1992
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
1
Stories
3
Total area
107,068 SF
Lot
8.94 ac (389,514 SF)
Zoning code
PUD OFFICE
APN
320/04947-030-406
UPID
US25-2490236
Jurisdiction
POLK
Zoning & alternative use
PUD OFFICE · West Des Moines, IA
Zoning PUD OFFICE · permitted uses
PUD OFFICE · West Des Moines, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Des Moines. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$9.9M
RESTAURANT
Est. value
$18.4M
AUTO REPAIR, GARAGE
Est. value
$16.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$16.2M
MEDICAL BUILDING
Est. value
$16.2M
RETAIL STORES
Est. value
$12.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.6M
WAREHOUSE, STORAGE
Est. value
$9.1M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1992
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
3
Buildings
1
Lot
8.94 ac
Current owner
From public records · entity-resolved
Trinity Investment Firm LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1501 42ND ST STE #550, WEST DES MOINES, IA 50266-1059
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2025
$892,000
Trinity Investment Firm LLC
Gsl LLC
Quitclaim Deed
related
—
Dec 22, 2020
—
Mcr Investments Viii LLC
—
Deed
related
$11,080,000 · Greenstate Cu
Dec 18, 2020
$13,850,000
Mcr Invs Viii LLC
4300 Westown LLC
Warranty Deed
—
Aug 21, 2009
—
4300 Westown LLC
—
Deed Of Trust
related
$1,668,750 · Two Rivers Bank & Trust
May 8, 2006
—
Hurd Industrial LLC
—
Trustees Deed
related
$2,000,000 · Two Rivers Bank & Trust
Oct 14, 2005
$2,075,000
4300 Westown LLC
4300 Westown LLC
Warranty Deed
related
—
Aug 10, 2005
$4,150,000
Ptshp Lllp Imperial III
Associates Information Svcs In
Grant Deed
—
—
—
4300 Westown LLC
—
Deed Of Trust
related
$2,168,750 · Two Rivers Bank & Trust
—
—
4300 Westown LLC
—
Deed Of Trust
related
$6,760,000 · Great Western Bank
—
—
Hurd Office LLC
—
Deed Of Trust
related
$2,168,750 · Two Rivers Bank & Trust
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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