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Property profile & analytics
OFF-MARKET
Gas stations
4506 9th St Des Moines, IA 50315-3910
Entity Owned
9-yr Hold
Free & Clear
Property ID
US25-0244207
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1963
Construction
FRAME
Total area
2,031 SF
Lot
0.47 ac (20,556 SF)
Zoning code
C-2
APN
120/00085-000-000
UPID
US25-0244207
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
-
El Amigo Tacos Restaurant
-
Toros Tire (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Toro Tire INC · 9 yrs held
Toro Tire INC
since 2017
5 recorded transactions
Zoning & alternative use
C-2 · Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,454
Tax year 2020
Assessed value
$202,000
Assessed 2023
Previous assessed
$202,000
+0.0% YoY
Effective rate
2.20%
On assessed value
Assessed land
$130,000
Assessed improvement
$72,000
Land market value
$130,000
Improvement market value
$72,000
Total market value
$202,000
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1963
Construction
FRAME
Heating
CENTRAL
Buildings
1
Stories
1
Rooms
5
Bathrooms
1
Total area
2,031 SF
Lot
0.47 ac (20,556 SF)
Zoning code
C-2
APN
120/00085-000-000
UPID
US25-0244207
Jurisdiction
POLK
Zoning & alternative use
C-2 · Des Moines, IAZoning 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
Building & site characteristics
From public records
Year built
1963
Construction
FRAME
Heating
CENTRAL
Stories
1
Buildings
1
Rooms
5
Bathrooms
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
Toro Tire INC
Entity
Free & Clear · 9 yrs held
Mailing address
4506 SW 9TH ST, DES MOINES, IA 50315-3910
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2017
$140,000
Toro Tire INC
Brenizer,sandra J
Warranty Deed
—
Mar 30, 2017
—
Sandra J Brenizer
Brenizer,ronald M
Affidavit Of Death
related
—
Mar 6, 2013
$140,000
Toros Tires INC
Brenizer,ronald M & Sandy
Dual Purpose Document
$50,000 · Ronald M & Sandy Brenizer
Mar 6, 2013
$130,000
Ronald L Brenizer
Holmes,david L & Julia M
Grant Deed
—
Mar 17, 2005
—
David L Holmes
H & J Investments Corp
Warranty Deed
related
—
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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