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Property profile & analytics
OFF-MARKET
Estimated value
$2,205,000
Investment properties
4338 Hubbell Ave Des Moines, IA 50317-4652
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US25-0077937
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2000
Construction
FRAME
Total area
13,520 SF
Lot
2.92 ac (127,195 SF)
Zoning code
A-1
APN
060/00746-001-003
UPID
US25-0077937
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
-
Brown NationaLease Trucking Company
-
Hoodz of Central Iowa Commercial Cleaning Service
-
SYNERGY Fire & Safety Production Facility Building Supply
-
Dan Charleston SHERIFF Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.13M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.21M
Owner & transaction history
Sutton William Props LLC · 6 yrs held
Sutton William Props LLC
since 2020
7 recorded transactions
Zoning & alternative use
A-1 · Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.3M
+67.7%
Medical building
$2.3M
+62.1%
Restaurant
$2.1M
+50.3%
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%
$2,305,000
6.5%
$2,130,000
7%
$1,975,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,390,000
Current use
AUTO REPAIR, GARAGE
$2,330,000
Change: +68% · Conversion: Difficult
MEDICAL BUILDING
$2,250,000
Change: +62% · Conversion: Easy
RESTAURANT
$2,085,000
Change: +50% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,990,000
Change: +43% · Conversion: Moderate
RETAIL STORES
$1,570,000
Change: +13% · Conversion: Easy
Blend value · Realmo final
$2.21M
Range $1.98M – $2.43M · ±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
$163 / 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
$30,520
Tax year 2020
Assessed value
$1,340,000
Assessed 2023
Previous assessed
$1,340,000
+0.0% YoY
Effective rate
2.28%
On assessed value
Assessed land
$394,000
Assessed improvement
$946,000
Land market value
$394,000
Improvement market value
$946,000
Total market value
$1,340,000
Applied tax rate
3.0000
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
Off-Market
Year built
2000
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
1
Stories
1
Total area
13,520 SF
Lot
2.92 ac (127,195 SF)
Zoning code
A-1
APN
060/00746-001-003
UPID
US25-0077937
Jurisdiction
POLK
Zoning & alternative use
A-1 · Des Moines, IA
Zoning A-1 · permitted uses
A-1 · 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
COMMERCIAL (GENERAL) Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.3M
RESTAURANT
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
RETAIL STORES
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
2000
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
1
Lot
2.92 ac
Current owner
From public records · entity-resolved
Sutton William Props LLC
Entity
Mailing address
4338 HUBBELL AVE, DES MOINES, IA 50317-4652
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Aug 13, 2021
—
Sutton William Properties Lllc
—
Deed
related
$830,936 · Us Bank NA
Jul 6, 2020
—
Sutton William Props LLC
Prkg 1465 LLC
Warranty Deed
—
Mar 30, 2020
$1,050,000
Ppkg 1465 LLC
Transcredit LLC
Warranty Deed
—
May 22, 2017
$370,000
P I Foundation
Bulldogs Den Ltd
Warranty Deed
—
Jun 24, 2008
$715,000
Transcredit Lc
T & S Ventures LLC
Warranty Deed
$2,731,681 · Great Western Bank
—
—
T & S Ventures LLC
—
Deed Of Trust
related
$267,500 · Key Bank & Trust
—
—
T & S Ventures LLC
—
Deed Of Trust
related
$412,500 · Key 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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