Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    524 Grand Ave Des Moines, IA 50309-1922

    • Investment properties
    • 20,640 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $665,000
    Location Intelligence
    Property ID
    US25-0171979
    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

    • Fontenelle Supply Co. / Clothing Store
    • The F2 Co. / Screen Printer

    Property Details for 524 Grand Ave

    Year built
    2010
    Construction
    FRAME
    Lot size
    0.16 lot acres
    Property size
    20,640 SF
    Zone code
    C-3B
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    040/01694-001-000
    APU
    4001694001000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $715,000

    • CAP approach

      CAP return
      Estimation
      6%
      $690,000
      6.5%
      $645,000
      7%
      $655,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $650,000
      Geo Method
      $640,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $580,000
      Retail
      $590,000
      Mixed-Use
      $590,000
      Hospitality
      $655,000
      Educational
      $630,000
      Residential Income
      $630,000
      Energy
      $610,000
      Income-Based Land
      $635,000
      Food Service
      $555,000

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6106
    Latitude
    41.591
    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
    $36,504
    $102,680
    $634,320
    $737,000
    -
    $102,680
    $634,320
    $737,000

    Comparable in this City

    • Value Estimation by Request
      0.00 Acres

      300 Walnut St, Unit 52

      OFFICE/RESIDENTIAL (MIXED USE) • 0.00 Acres
      300 Walnut St, Des Moines, IA 50309-2240
      View Details
    • Value Estimation by Request
      10,050 SF

      423 Ct Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 10,050 SF
      423 Ct Ave, Des Moines, IA 50309-2010
      View Details
    • Value Estimation by Request
      36,082 SF

      535 7th St

      OFFICE/RESIDENTIAL (MIXED USE) • 36,082 SF
      535 7th St, Des Moines, IA 50309-4535
      View Details
    • Value Estimation by Request
      82,794 SF

      Des Moines, IA 50309

      OFFICE/RESIDENTIAL (MIXED USE) • 82,794 SF
      Des Moines, IA 50309
      View Details
    • Value Estimation
      $305,000
      2,720 SF

      950 12th St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,720 SF
      950 12th St, Des Moines, IA 50309-1001
      View Details
    • Value Estimation by Request
      11,650 SF

      624 Grand Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 11,650 SF
      624 Grand Ave, Des Moines, IA 50309
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      41,634 SF

      Des Moines Executive Office Building

      Class A Office Space, Downtown Des Moines
      130 3Rd St, Des Moines, IA 50309
      View Details
    • Contact for pricing
      0.40 Acres

      Des Moines Commercial Land Opportunity

      Prime .396-acre lot, high traffic area.
      606 Watson Powell Jr Way, Des Moines, IA 50309
      View Details
    • $250,000

      Profitable ATV Tour Business

      Turnkey ATV tour business in Tamarindo, Costa Rica.
      Atv Business Opportunity, Des Moines, IA 50309
      View Details
    • Contact for pricing

      Commercial Land Near Corporate Campus

      0.396 acres of commercial land near corporate campus.
      606 Watson Powell Jr Way, Des Moines, IA 50309
      View Details
    • $1,650,000
      7,999 SF

      Downtown Des Moines Restaurant Opportunity

      Former Spaghetti Works space in the Historic Court District.
      310 Court Ave, Des Moines, IA 50309
      View Details
    • $370,000

      Homesite in Exclusive Beach Community

      Homesite in master-planned community near Avellanas Beach.
      Avemoana Residential Gated Development Project, Des Moines, IA 50309
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      64,000 SF

      Des Moines Retail Space: The Deco

      Prime Des Moines retail, 2 spaces available. Modern, 5-story building.
      1301 Mulberry St, Des Moines, IA 50309
      View Details
    • $11 SF/Yr
      11,688 SF

      Des Moines Office Space Available

      Prime East Village Location, Multiple Suites
      300 Locust St, Des Moines, IA 50309
      View Details
    • $5 SF/Yr
      51,728 SF

      Des Moines Flex Space Available

      Industrial Flex Space, 51,728 SF
      601 9Th St, Des Moines, IA 50309
      View Details
    • $8 SF/Yr
      165,584 SF

      Des Moines Class A Coworking Space

      Downtown Des Moines: 26 Suites Available
      400 Locust St, Des Moines, IA 50309
      View Details
    • $17 SF/Yr
      460,000 SF

      Des Moines Office Space Available

      Iconic Downtown Office Building, Flexible Suites
      666 Grand Ave, Des Moines, IA 50309
      View Details
    • $18 SF/Yr
      2,296 SF

      Des Moines Restaurant/Office Space

      Prime Des Moines location, 2,296 sq ft available.
      11th & Martin Luther King Jr Pkwy, Des Moines, IA 50309
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    524 Grand Ave
    Des Moines, IA 50309-1922
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.