You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Investment properties

4900 Franklin Ave Des Moines, IA 50310-1901

3,234 SF 0.25 ac lot Built 2003
Entity Owned 1-yr Hold Free & Clear
Property ID
US25-2586009
Property summary
AI-generated overview

This exceptional mixed-use property, located at 4900 Franklin Ave in Des Moines, Iowa, presents a compelling investment opportunity. The 3,234 square foot building, situated on a 0.246-acre lot, offers 3,100 square feet of net rentable space and is currently vacant, allowing for immediate customization. Built in 1960 and renovated in 2003, the Class B building retains its mid-century charm while offering significant value-add potential. The property's zoning is MX1, and it boasts a prime location in the growing Beaverdale neighborhood. The interior layout includes a spacious waiting room, reception area, large office, thirteen additional rooms, a kitchenette, and multiple storage areas. The asking price is $450,000, translating to $139.15 per square foot. Ample parking is available, adding to the property's appeal. This owner-user opportunity is ideal for an entrepreneur seeking a unique space with significant upside potential in a desirable Des Moines location. The property's history as a chiropractic clinic provides a solid foundation for a variety of potential uses. Its central location and mid-century character combine to create a truly distinctive investment prospect.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2003
Construction FRAME
Total area 3,234 SF
Lot 0.25 ac (10,725 SF)
Zoning code C-0
APN 100/05038-009-000
UPID US25-2586009
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
  • Robert S. Marion, DC Alternative Medicine Practice
  • Robert Marion DC Alternative Medicine Practice
  • Food Marketing Services Advertising Agency Marketing & Advertising
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
Childserve Habilitation Center INC · 1 yrs held
Childserve Habilitation Center INC
since 2025
Last sale
$310,000
6 recorded transactions
2025
$310,000
2024
Price N/A
2013
$185,000
2006
$260,000
2005
$230,000
1969
Price N/A
Zoning & alternative use
C-0 · Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 4900 Franklin Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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