Technical
Financial
Distress signals
Property profile

4631 Merle Hay Rd Des Moines, IA 50322

OFF-MARKET
Medical Office Space
Property ID
US25-2580393
12,958 SF 2.49 ac lot Built 2017
Entity Owned 10-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2017
Construction STEEL FRAME
Total area 12,958 SF
Lot 2.49 ac (108,552 SF)
Zoning code C-2
APN 100/10514-008-000
UPID US25-2580393

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Veterinary Clinic

Location

4631 Merle Hay Rd Des Moines, IA 50322-1908
Des Moines metro Census 801 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.22M
Blend (final) Blend
$1.10M

Owner & transaction history

since 2015
3 recorded transactions
2015
$700,000
2005
$1.1M
1969
Price N/A

Zoning & alternative use

C-2 · Des Moines, IA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4631 Merle Hay Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message