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Property profile & analytics

5010 9th St Des Moines, IA 50315-4501

  • Turn key restaurants
  • 1,446 SF
  • 0.62 lot acres
OFF-MARKET
Value Estimations
$275,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US25-0318746
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

  • China Chef / Chinese Restaurant / Delivery Restaurant

Property Details for 5010 9th St

Year built
1985
Construction
STEEL FRAME
Lot size
0.62 lot acres
Property size
1,446 SF
Zone code
C-2
Property type
Turn key restaurants
APN
120/03723-001-001
APU
12003723001001

Description

This exceptional 1,794 square foot restaurant property, located at 5010 SW 9th Street in Des Moines, Iowa, presents a lucrative investment opportunity. Priced at $395,000, this vacant, freestanding building offers significant potential for a new owner. Built in 1985, the single-story structure sits on a 0.619-acre lot within the MX3 Mixed Use District of Polk County, providing flexibility for various uses. The property boasts excellent visibility and accessibility with three access points and an estimated 23 parking spaces, catering to high customer traffic. Adding to its appeal is a convenient drive-thru lane and window. The high daily traffic volume of 16,100 vehicles on SW 9th Street ensures substantial exposure. This turnkey opportunity includes all existing restaurant equipment, signage, and the established "China Chef" name. The property's size and features make it ideal for a variety of food service concepts or other retail businesses. This is a rare chance to acquire a well-positioned, established restaurant in a thriving Des Moines location. The property is zoned MX3 Mixed Use District, offering versatility for future development.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $275,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $318,000
    Market price range: $110k - $322k
    AI Estimate
    $251,000
    Market price range: $110k - $252k

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


Location Insight

  • Map
  • Local Demand
City
Des Moines
County
Polk
State
Iowa
Longitude
-93.6262
Latitude
41.5386
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
$5,080
$171,000
$19,000
$190,000
-
$171,000
$19,000
$190,000
More about this property
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