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Property profile & analytics

4900 Franklin Ave Des Moines, IA 50310-1901

  • Investment properties
  • 3,234 SF
  • 0.25 lot acres
OFF-MARKET
Value Estimation
$255,000
Last Sale
Oct 27, 2024
$310,000
Location Intelligence
Property ID
US25-2586009
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

  • Robert S. Marion, DC / Chiropractor
  • Robert Marion DC / Chiropractor
  • Food Marketing Services / Marketing Agency

Property Details for 4900 Franklin Ave

Year built
2003
Construction
FRAME
Lot size
0.25 lot acres
Property size
3,234 SF
Zone code
C-0
Property type
Investment properties
Property subtype
Live-work space
APN
100/05038-009-000
APU
10005038009000

Description

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.

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
-93.6852
Latitude
41.6109
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
$7,442
$68,100
$252,900
$321,000
-
$68,100
$252,900
$321,000
More about this property
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