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Property profile & analytics
OFF-MARKET
Investment properties
4560 Fleur Dr Des Moines, IA 50321-2332
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US25-0074433
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2017
Construction
FRAME
Total area
3,240 SF
Lot
0.64 ac (27,700 SF)
Zoning code
C-2
APN
120/03981-001-000
UPID
US25-0074433
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
-
Express Employment Professionals Employment Agency
-
Specialized Recruiting Group of Des Moines Employment Agency
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
City Of Des Moines · 3 yrs held
City Of Des Moines
since 2023
Last sale
$5,600
7 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
$8,204
Tax year 2020
Assessed value
$343,000
Assessed 2023
Previous assessed
$343,000
+0.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$185,000
Assessed improvement
$158,000
Land market value
$185,000
Improvement market value
$158,000
Total market value
$343,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2017
Construction
FRAME
Heating
CENTRAL
Cooling
YES
Buildings
1
Stories
1
Rooms
6
Bathrooms
1
Total area
3,240 SF
Lot
0.64 ac (27,700 SF)
Zoning code
C-2
APN
120/03981-001-000
UPID
US25-0074433
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.
Building & site characteristics
From public records
Year built
2017
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
1
Rooms
6
Bathrooms
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
City Of Des Moines
Entity
Mailing address
400 ROBERT D RAY DR, DES MOINES, IA 50309-1813
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2023
$5,600
City Of Des Moines
4 Octobers LLC
Warranty Deed
—
Mar 28, 2022
$461,000
4 Octobers LLC
Gt Enterprises LLC
Warranty Deed
$368,000 · Cedar Rapids Bank & Trust Co
Aug 30, 2018
—
Gt Kenterprises LLC
Linda Thomas
Quit Claim Deed
related
$238,000 · Us Bank NA
Aug 8, 2016
$150,000
Next Phase Dev LLC
Solid Ground-granite LLC
Warranty Deed
$120,000 · Northwest Bk
Jul 14, 2016
—
Solid Ground-granite LLC
We Can Build It Lc
Quit Claim Deed
related
—
Jul 23, 2014
$125,000
We Can Build It Lc
Bank Iowa
Warranty Deed
$112,500 · Bank Iowa
Jun 30, 2010
—
Bank Iowa
Creative Properties Mgmt LLC
Grant Deed
related
—
—
—
Creative Properties Mgmt LLC
—
Deed Of Trust
related
$394,400 · Bank Iowa
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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