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    5020 NE 14Th St Des Moines, IA 50313
    Property profile & analytics

    5020 NE 14Th St, Des Moines, IA 50313

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    • Hotels
    • 24,604 SF
    • 1.06 lot acres
    For Sale
    $3,710,000
    View Listing →
    Well-Maintained Red Roof Inn For Sale
    $3,710,000
    24,004 SF

    Well-Maintained Red Roof Inn

    Two-story hotel with 57 guest rooms and ample parking.

    5020 NE 14th St, Des Moines, IA 50313
    View Listing
    Property ID
    US25-0237795
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Red Roof Inn Des Moines / Hotel & Motel

    Property Details for 5020 NE 14Th St

    Year built
    2007
    Construction
    FRAME
    Lot size
    1.06 lot acres
    Zone code
    GC
    Property type
    Hotels
    Property subtype
    Motels
    APN
    270/01273-000-000
    APU
    27001273000000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 3, 2017 — Sai Ram INC — Trustees Deed · related $1.4M · Bankunited Fsb

    Description

    This 62-key Red Roof Inn in Des Moines, Iowa presents a compelling investment opportunity. Built in 2007, the hotel boasts 24,604 square feet of space situated on a 1.06-acre lot (46,174 sq ft). Located at 5020 NE 14th St, Des Moines, IA 50313, this two-story property benefits from a strong location within a thriving area, with a population exceeding 155,000 within a 5-mile radius. The asking price is $3,499,000, translating to an attractive price per key of $56,435. The property's modern design and lush surroundings create an inviting atmosphere for guests. This well-maintained hotel offers a solid foundation for continued success in the hospitality sector, making it an ideal acquisition for discerning investors seeking a profitable venture in a dynamic market. The property's size and location provide significant potential for growth and return on investment. Detailed financial information is available upon request.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $495,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $696,000
      Market price range: $286k - $1.63M

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

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6012
    Latitude
    41.6518
    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
    $35,392
    $255,000
    $1,025,000
    $1,280,000
    -
    $255,000
    $1,025,000
    $1,280,000

    Comparable in this City

    • Value Estimation
      $4,355,000
      40,104 SF

      4685 14th St

      HOTEL/MOTEL
      4685 14th St, Des Moines, IA 50313-2009
      View Details
    • Value Estimation
      $1,725,000
      31,708 SF

      4940 14th St

      HOTEL/MOTEL
      4940 14th St, Des Moines, IA 50313-2033
      View Details
    • Value Estimation
      $3,050,000
      28,065 SF

      4950 14th St

      HOTEL/MOTEL
      4950 14th St, Des Moines, IA 50313-2033
      View Details
    • Value Estimation
      $1,125,000
      51,325 SF

      5220 14th St

      HOTEL/MOTEL
      5220 14th St, Des Moines, IA 50313-2006
      View Details
    • Value Estimation by Request
      10,500 SF

      4485 22Nd St

      Distribution properties
      4485 22Nd St, Des Moines, IA 50313
      View Details
    • Value Estimation by Request
      0.11 Acres

      215 Arthur Ave

      CHARITABLE ORGANIZATION
      215 Arthur Ave, Des Moines, IA 50313-5007
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      24,004 SF

      Well-Maintained Red Roof Inn

      Two-story hotel with 57 guest rooms and ample parking.
      5020 NE 14Th St, Des Moines, IA 50313
      View Details
    • Contact for pricing
      0.15 Acres

      Residential Lot Near Des Moines River

      Flat, ready-to-build lot near marina, river, and Union Park.
      2305 Saylor Rd, Des Moines, IA 50313
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    • Contact for pricing

      Development Site on Corner Lot

      1.364 acre development site on the corner of E 14th.
      3810 E 14Th St, Des Moines, IA 50313
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      Des Moines Land For Sale

      Up to 32.425 acres of land with highway visibility.
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      View Details
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      39,164 SF

      Des Moines Flex/Office Space

      Available flex and office space in Des Moines.
      101 Sheridan Ave, Des Moines, IA 50313
      View Details
    • Contact for pricing

      Development Land Available

      Land available for retail, office, and industrial uses.
      14th St & Euclid Ave, Des Moines, IA 50313
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Medical Office Space Available

      Medical office building with on-site parking in high-traffic area.
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      5 SF

      Des Moines Industrial Land for Lease

      Fenced/gated gravel lot ideal for trailer parking and material storage.
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      194,000 SF

      Des Moines Industrial Logistics Center

      Premier industrial and logistics center at the crossroads of the US.
      4600 NE 14Th St, Des Moines, IA 50313
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    • Contact for pricing
      4,200 SF

      Industrial Space with Outdoor Storage

      4,200 SF industrial space with fenced outdoor storage.
      1615 E Madison Ave, Des Moines, IA 50313
      View Details
    • Contact for pricing
      6,511 SF

      Retail Space at Shops Eastgate

      Retail space with high visibility and accessibility in Des Moines.
      3701 NE 14Th St, Des Moines, IA 50313
      View Details
    • Contact for pricing

      Former Tire Service Center Available

      Lease opportunity: former tire service center with service bays.
      1566 E Euclid Ave, Des Moines, IA 50313
      View Details
    View Listing
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    Des Moines, IA 50313
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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