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Property profile & analytics
OFF-MARKET
Residential income homes
530 19th St West Des Moines, IA 50265-5504
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US25-0073295
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1979
Construction
FRAME
Total area
4,052 SF
Lot
0.28 ac (12,150 SF)
Zoning code
RH
APN
320/02191-304-000
UPID
US25-0073295
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tbdn Investment LLC · 2 yrs held
Tbdn Investment LLC
since 2024
Last sale
$400,000
7 recorded transactions
Zoning & alternative use
RH · West Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs West Des Moines submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Des Moines submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$7,896
Tax year 2020
Assessed value
$464,000
Assessed 2023
Previous assessed
$464,000
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$44,200
Assessed improvement
$419,800
Land market value
$44,200
Improvement market value
$419,800
Total market value
$464,000
Applied tax rate
20.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1979
Construction
FRAME
Heating
CENTRAL
Cooling
YES
Buildings
1
Stories
2
Units
4
Rooms
7
Bathrooms
2
Total area
4,052 SF
Lot
0.28 ac (12,150 SF)
Zoning code
RH
APN
320/02191-304-000
UPID
US25-0073295
Jurisdiction
POLK
Zoning & alternative use
RH · West Des Moines, IA
Zoning RH · permitted uses
RH · West Des Moines, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Des Moines. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
1
Units
4
Rooms
7
Bathrooms
2
Lot
0.28 ac
Current owner
From public records · entity-resolved
Tbdn Investment LLC
Entity
Mailing address
2529 JORDAN GRV, WEST DES MOINES, IA 50265-7691
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2024
$400,000
Tbdn Investment LLC
Oikos LLC
Warranty Deed
—
Nov 8, 2017
$340,000
Oikos LLC
Miranda-oregon,marco E
Warranty Deed
—
Feb 9, 2016
—
Marco E Miranda-oregon
Andes Group INC
Quit Claim Deed
related
—
Apr 23, 2015
$300,000
Andes Group INC
Derek A Etnyre
Warranty Deed
$300,000 · Two Rivers Bank & Trust
Oct 4, 2011
$202,000
Derek A Etnyre
Mark J Kacer
Warranty Deed
$197,366 · Us Bank NA
Oct 4, 2011
$200,000
Mark J Kacer
Hild,rex L II & Jody K
Warranty Deed
—
May 20, 2011
$150,000
Rex L Hild II
Skinner,lavaughn
Grant Deed
—
—
—
Marco E Miranda-oregon
—
Deed Of Trust
related
$217,000 · Greater Ia Cu
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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