Technical
Financial
Distress signals
Property profile

506 5th Ave Sully, IA 50251

OFF-MARKET
Flex space
Property ID
US25-1662269
12,140 SF 1.2 ac lot Built 1980
Entity Owned Free & Clear
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1980
Construction FRAME
Total area 12,140 SF
Lot 1.2 ac (52,272 SF)
APN 2008176004
UPID US25-1662269

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Propane Supplier Animal Feed Store
  • Agricultural Service Electronics Repair Shop

Location

506 5th Ave Sully, IA 50251-7710
Sully metro Census 40900 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$765k
Comparable Approach Comparable
$721k
Blend (final) Blend
$375k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Restaurant $1.2M +111.9%
Commercial (general) $1.2M +111.5%
Medical building $1.2M +103.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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