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    Property profile & analytics

    4704 University Ave Des Moines, IA 50311-3302

    • Turn key restaurants
    • 2,850 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 06, 2024
    $6,400
    Location Intelligence
    Property ID
    US25-0266815
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • ATM / Atm
    • Waveland Tap / Bar

    Property Details for 4704 University Ave

    Year built
    1984
    Construction
    FRAME
    Lot size
    0.17 lot acres
    Property size
    2,850 SF
    Zone code
    C-1
    Property type
    Turn key restaurants
    APN
    090/01347-001-000
    APU
    9001347001000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6822
    Latitude
    41.6001
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $3,034
    $62,600
    $46,400
    $109,000
    -
    $62,600
    $46,400
    $109,000

    Comparable in this City

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      3200 Frst Ave

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    • Value Estimation
      $565,000
      4,556 SF

      1111 25th St

      RESTAURANT • 4,556 SF
      1111 25th St, Des Moines, IA 50311-4207
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    • Value Estimation
      $220,000
      4,418 SF

      2222 Frst Ave

      RESTAURANT • 4,418 SF
      2222 Frst Ave, Des Moines, IA 50311-3128
      View Details
    • Value Estimation
      $285,000
      6,356 SF

      3024 Frst Ave

      RESTAURANT • 6,356 SF
      3024 Frst Ave, Des Moines, IA 50311-2912
      View Details
    • Value Estimation
      $225,000
      1,578 SF

      2511 Cottage Grv Ave

      RESTAURANT • 1,578 SF
      2511 Cottage Grv Ave, Des Moines, IA 50311-4210
      View Details
    • Value Estimation
      $280,000
      4,446 SF

      2414 University Ave

      RESTAURANT • 4,446 SF
      2414 University Ave, Des Moines, IA 50311-4502
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
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      Des Moines Retail Space For Lease

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    Des Moines, IA 50311-3302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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