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Property profile & analytics
OFF-MARKET
Estimated value
$3,050,000
Hotels
4950 14th St Des Moines, IA 50313-2033
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US25-0431674
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1999
Construction
FRAME
Total area
28,065 SF
Lot
1.19 ac (52,011 SF)
Zoning code
C-2
APN
110/06475-404-000
UPID
US25-0431674
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
-
Quality Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.05M
CAP Approach
CAP
$3.25M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.05M
Owner & transaction history
Ss Satya & Purnima Corp · 1 yrs held
Ss Satya & Purnima Corp
since 2024
Last sale
$3.1M
6 recorded transactions
Zoning & alternative use
C-2 · Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.8M
+136.9%
Medical building
$4.7M
+129.0%
Restaurant
$4.3M
+112.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Des Moines submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Des Moines submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,050,000
ML approach
$3,050,000
CAP Approach
CAP Return
Estimation
6%
$3,520,000
6.5%
$3,250,000
7%
$3,015,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,040,000
Current use
AUTO REPAIR, GARAGE
$4,835,000
Change: +137% · Conversion: Difficult
MEDICAL BUILDING
$4,670,000
Change: +129% · Conversion: Difficult
RESTAURANT
$4,330,000
Change: +112% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,130,000
Change: +103% · Conversion: Difficult
RETAIL STORES
$3,260,000
Change: +60% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,040,000
Change: +49% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,910,000
Change: +43% · Conversion: Difficult
Blend value · Realmo final
$3.05M
Range $2.75M – $3.36M · ±10% · vs last sale $3.05M (Oct 1 2024)
Last sale anchor
$3.05M
Oct 1 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$109 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$60,836
Tax year 2020
Assessed value
$1,600,000
Assessed 2023
Previous assessed
$1,600,000
+0.0% YoY
Effective rate
3.80%
On assessed value
Assessed land
$263,000
Assessed improvement
$1,337,000
Land market value
$263,000
Improvement market value
$1,337,000
Total market value
$1,600,000
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1999
Construction
FRAME
Heating
CENTRAL
Cooling
YES
Buildings
1
Stories
3
Units
52
Rooms
8
Bathrooms
2
Total area
28,065 SF
Lot
1.19 ac (52,011 SF)
Zoning code
C-2
APN
110/06475-404-000
UPID
US25-0431674
Jurisdiction
POLK
Zoning & alternative use
C-2 · Des Moines, IA
Zoning C-2 · permitted uses
C-2 · Des Moines, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Des Moines. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$4.8M
MEDICAL BUILDING
Est. value
$4.7M
RESTAURANT
Est. value
$4.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.1M
RETAIL STORES
Est. value
$3.3M
WAREHOUSE, STORAGE
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.9M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Buildings
1
Units
52
Rooms
8
Bathrooms
2
Lot
1.19 ac
Current owner
From public records · entity-resolved
Ss Satya & Purnima Corp
Entity
Mailing address
4950 NE 14TH ST, DES MOINES, IA 50313-2033
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2024
$3,050,000
Ss Satya & Purnima Corp
Prit LLC
Contract Sale
—
Oct 9, 2023
—
Prit LLC
—
Deed
related
$302,099 · Wood & Huston Bank
Oct 5, 2021
—
Prit LLC
—
Deed
related
$2,172,081 · Wood & Huston Bank
Apr 22, 2021
$1,811,000
Prit LLC
Krupa Hospitality INC
Warranty Deed
$2,711,000 · First State Bank
Mar 28, 2018
$1,600,000
Krupa Hospitality INC
Ami Investments Of Iowa INC
Warranty Deed
$2,200,000 · First Citizens Bank
—
—
Ami Investments Of Iowa INC
—
Deed Of Trust
related
$2,400,000 · Grinnell State Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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