505 Sheridan Ave Des Moines, IA 50313
Property profile & analytics
505 Sheridan Ave, Des Moines, IA 50313
- Investment properties
- 12,449 SF
- 1.73 lot acres
Property ID
US25-0062699
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.
Location Intelligence
Current Use by Public Records
- Investment properties
Property Details for 505 Sheridan Ave
- Year built
- 2008
- Construction
- FRAME
- Lot size
- 1.73 lot acres
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 070/00783-001-005
- APU
- 7000783001005
Description
This exceptional 12,449-square-foot flex space property in Des Moines, Iowa, presents a compelling investment opportunity. Located at 505 Sheridan Ave, in Polk County, zip code 50313, this industrial building sits on a 1.2-acre lot and offers significant advantages. The property features six dock-high doors, allowing for efficient loading and unloading, and boasts drive-through capabilities for streamlined operations. Beyond the main building, there's over an acre of fenced outdoor storage space, providing ample room for materials, equipment, or inventory. The expansive lot also offers potential for future building expansion, catering to growth and future needs. This centrally located property provides easy access to major interstate highways, ensuring convenient transportation and logistics. The asking price for this versatile and strategically positioned property is $1,350,000. This is an ideal property for businesses seeking a combination of indoor and outdoor space with excellent accessibility.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,385,000
- ML approach
- $1,365,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,610,000
Market price range: $461k - $6.56M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,290,000 Current use
- AUTO REPAIR, GARAGE
- $2,145,000 Change: +66% Conversion: Difficult
- MEDICAL BUILDING
- $2,070,000 Change: +60% Conversion: Easy
- RESTAURANT
- $1,920,000 Change: +49% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $1,835,000 Change: +42% Conversion: Moderate
- RETAIL STORES
- $1,445,000 Change: +12% Conversion: Easy
- WAREHOUSE, STORAGE
- $1,350,000 Change: +4% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.6239
- Latitude
- 41.6194
- 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
2023
$0.00
$379,000
$364,000
$743,000
-
$379,000
$364,000
$743,000
