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    Property profile & analytics

    505 Euclid Ave Des Moines, IA 50313-4237

    • Strip malls
    • 3,272 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    $190,000
    Last Sale
    Feb 12, 2020
    $210,000
    Location Intelligence
    Property ID
    US25-0288542
    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

    • Professional Dental Services Inc / Dental Laboratory
    • St Mary Evangel Lutheran Church / Lutheran Church
    • Gallery Nails and Spa / Nail Salon
    • K's Kuties Boutique / Clothing Store

    Property Details for 505 Euclid Ave

    Year built
    1989
    Construction
    FRAME
    Lot size
    0.09 lot acres
    Property size
    3,272 SF
    Zone code
    C-2
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    070/02000-000-000
    APU
    7002000000000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $210,000

    • CAP approach

      CAP return
      Estimation
      6%
      $150,000
      6.5%
      $145,000
      7%
      $145,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $130,000
      Geo Method
      $145,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $130,000
      Retail
      $155,000
      Mixed-Use
      $135,000
      Hospitality
      $165,000
      Educational
      $145,000
      Residential Income
      $115,000
      Energy
      $155,000
      Income-Based Land
      $120,000
      Food Service
      $120,000

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6238
    Latitude
    41.6279
    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
    $1,208
    $41,400
    $13,800
    $55,200
    -
    $41,400
    $13,800
    $55,200

    Comparable in this City

    • Value Estimation by Request
      199,938 SF

      100 Euclid Ave

      SHOPPING CENTER, STRIP CENTER • 199,938 SF
      100 Euclid Ave, Des Moines, IA 50313-4511
      View Details
    • Value Estimation by Request
      109,143 SF

      5049 14th St

      SHOPPING CENTER, STRIP CENTER • 109,143 SF
      5049 14th St, Des Moines, IA 50313-2015
      View Details
    • Value Estimation
      $360,000
      5,500 SF

      3923 14th St

      SHOPPING CENTER, STRIP CENTER • 5,500 SF
      3923 14th St, Des Moines, IA 50313-3813
      View Details
    • Value Estimation by Request
      20,270 SF

      3629 14th St

      SHOPPING CENTER, STRIP CENTER • 20,270 SF
      3629 14th St, Des Moines, IA 50313
      View Details
    • Value Estimation
      $570,000
      20,148 SF

      3920 14th St

      SHOPPING CENTER, STRIP CENTER • 20,148 SF
      3920 14th St, Des Moines, IA 50313
      View Details
    • Value Estimation
      $400,000
      10,670 SF

      3523 6th Ave

      SHOPPING CENTER, STRIP CENTER • 10,670 SF
      3523 6th Ave, Des Moines, IA 50313-4193
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      60.11 Acres

      Des Moines Premier Development Land

      60 Acres, I-80/35 Frontage, Iowa
      4600 14Th St, Des Moines, IA 50313
      View Details
    • $1,300,000
      3,123 SF

      Stabilized Retail Investment Property

      Single-tenant property with a new 10-year lease in place.
      1501 E Euclid Ave, Des Moines, IA 50313
      View Details
    • $549,000
      1.36 Acres

      East 14th Street Development Opportunity

      Des Moines retail land, prime location.
      3810 14Th St, Des Moines, IA 50313
      View Details
    • $1,734,559
      5.16 Acres

      I-35 Business Park Land - Des Moines

      5.16 Acres, General Business Zoning
      5787 22Nd St, Des Moines, IA 50313
      View Details
    • $59,000

      Des Moines Residential Land Opportunity

      0.29-acre wooded lot for residential construction in Des Moines.
      3146 8Th St, Des Moines, IA 50313
      View Details
    • Contact for pricing

      159 Acres Recreational Hobby Farm

      159 acres with woods, stream, and pond near Highway 65.
      SE 68Th Ave, Des Moines, IA 50313
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      2,844 SF

      Retail Space with Individual Suites

      Retail space featuring a reception area and individual suites.
      4926-4932 SE 14Th St, Des Moines, IA 50313
      View Details
    • $8 SF/Yr
      199,938 SF

      Park Fair Mall Executive Offices

      Des Moines Office Space For Lease
      100 Euclid Ave, Des Moines, IA 50313
      View Details
    • $15 SF/Yr
      7,448 SF

      Retail Space Near Interstate I-80/35

      7,448 SF retail space with high visibility and access.
      5029 NE 14Th St, Des Moines, IA 50313
      View Details
    • $12 SF/Yr
      8,500 SF

      1566 Euclid Ave

      Flex space • 8,500 SF
      1566 Euclid Ave, Des Moines, IA 50313
      View Details
    • $13 SF/Yr
      10,500 SF

      Des Moines Industrial Flex Space

      10,500 SF Flex Warehouse, 4.65 Acres
      4485 22Nd St, Des Moines, IA 50313
      View Details
    • Contact for pricing
      1,125 SF

      Office Space Available For Rent

      First generation office space with interstate access and visibility.
      2155 NE 51St Pl, Des Moines, IA 50313
      View Details
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    Des Moines, IA 50313-4237
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    Realmo Value Estimation

    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.

    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.

    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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