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    Property profile & analytics

    554 28th St Des Moines, IA 50312-5222

    • Investment properties
    • 2,512 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Last Sale
    Apr 08, 2021
    $300,000
    Location Intelligence
    Property ID
    US25-0259634
    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

    • Kari Durham Taylor - State Farm Insurance Agent / Insurance Agency / Auto Insurance Agency

    Property Details for 554 28th St

    Year built
    1956
    Construction
    STEEL FRAME
    Lot size
    0.22 lot acres
    Property size
    2,512 SF
    Zone code
    NPC
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    090/04856-000-000
    APU
    9004856000000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $315,000
      6.5%
      $295,000
      7%
      $305,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $270,000
      Geo Method
      $260,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $265,000
      Retail
      $320,000
      Mixed-Use
      $280,000
      Hospitality
      $265,000
      Educational
      $330,000
      Residential Income
      $240,000
      Energy
      $265,000
      Income-Based Land
      $280,000
      Food Service
      $250,000

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6549
    Latitude
    41.5864
    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
    $4,020
    $91,100
    $90,900
    $182,000
    -
    $91,100
    $90,900
    $182,000

    Comparable in this City

    • Value Estimation by Request
      244,212 SF

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    • Value Estimation by Request
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      2150 Grand Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 22,976 SF
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    • Value Estimation by Request
      35,884 SF

      2141 Grand Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 35,884 SF
      2141 Grand Ave, Des Moines, IA 50312-5303
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    • Value Estimation by Request
      41,599 SF

      2525 Grand Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 41,599 SF
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    • Value Estimation by Request
      3,669 SF

      2600 Ingersoll Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,669 SF
      2600 Ingersoll Ave, Des Moines, IA 50312-5238
      View Details
    • Value Estimation
      $395,000
      15,780 SF

      2711 Ingersoll Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 15,780 SF
      2711 Ingersoll Ave, Des Moines, IA 50312-5239
      View Details

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    • $20 SF/Yr
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    Des Moines, IA 50312-5222
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    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
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