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Property profile & analytics

4944 Franklin Ave Des Moines, IA 50310

  • Strip malls
  • 29,587 SF
  • 2.12 lot acres
Value Estimations
$570,000
Cap Rate Potential
Location Intelligence
Property ID
US25-0079988
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

  • Franklin Plaza Family Dentistry / Dentist
  • RMS Wellness / Massage Therapist / Sports Massage Therapist
  • Soulshine Massage Bliss / Massage Therapist
  • Natural Remedies with Massage / Massage Therapist
  • Monsoon Asians & Pacific Islanders in Solidarity / Non-Profit Organization

Property Details for 4944 Franklin Ave

Year built
1986
Construction
FRAME
Lot size
2.12 lot acres
Property size
29,587 SF
Zone code
C-1
Property type
Strip malls
Property subtype
Neighborhood centers
APN
100/05038-012-001
APU
10005038012001

Description

Franklin Plaza Shops in Polk County offers exceptional office leasing opportunities. This Class C retail and office building totals 25,187 square feet, with 12,764 square feet currently vacant and available for lease. The property features multiple tenancies, allowing for flexibility in space requirements. Units range from a minimum of 605 square feet to a maximum contiguous space of 8,293 square feet, with four spaces currently available ranging from 1,198 to 5,783 square feet. The building boasts a convenient parking ratio of 5.32 spaces per 1,000 square feet. Current tenants include Franklin Family Dentistry, Iowa Food Cooperative, and Beautiful Beginnings Salon, establishing a strong and diverse tenant base. The property benefits from its strategic location, offering close proximity to the desirable Beaverdale and Waveland neighborhoods. Under new ownership and management, Franklin Plaza Shops presents an attractive opportunity with low gross monthly rates and flexible lease terms. This makes it an ideal location for businesses seeking a well-situated, adaptable workspace in a thriving community. Inquire today to learn more about the available spaces and lease options.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $660,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $482,000
    Market price range: $483k - $1.04M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Des Moines
County
Polk
State
Iowa
Longitude
-93.6867
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
$28,074
$585,000
$335,000
$920,000
-
$585,000
$335,000
$920,000
More about this property
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