Property profile

5237 Cumming Ave Cumming, IA 50061

OFF-MARKET
Grocery and convenience stores
Property ID
US25-0121736
7,333 SF 6.22 ac lot Built 2023
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2023
Total area 7,333 SF
Lot 6.22 ac (270,943 SF)
APN 42090010020
UPID US25-0121736

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
  • Grocery & Convenience Store
  • Cafe & Coffee Shop
  • Gas Station

Location

5237 Cumming Ave Cumming, IA 50061-9312
Cumming metro Census 20300 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
by Request
Comparable Approach Comparable
$919k
Blend (final) Blend
$940k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Commercial (general) $670,000 +310.4%
Auto repair, garage $620,000 +279.2%

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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