555 51st St West Des Moines, IA 50265-6967
Property profile & analytics
555 51st St, West Des Moines, IA 50265-6967
- Grocery and convenience stores
- 82,895 SF
- 9.45 lot acres
Property ID
US25-2554710
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.
Location Intelligence
Current Use by Public Records
- Hy-Vee Market Grille / Bar & Pub / Restaurant
- Hy-Vee Wine & Spirits / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
- Sarah Halverson / Pharmacy
- Shell Recharge Charging Station / Electric Vehicle Charging Station
- Hy-Vee Lawn & Garden / Garden Center
Property Details for 555 51st St
- Year built
- 2005
- Construction
- STEEL FRAME
- Lot size
- 9.45 lot acres
- Zone code
- PUD B&C
- Property type
- Grocery and convenience stores
- APN
- 320/04947-827-015
- APU
- 32004947827015
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 10, 2016 | $13,520,000 | Hurd Mills Hv LLC | Hviade 0003 Arc LLC | Special Warranty Deed | — |
| Dec 15, 2006 | $13,508,000 | Hviade-0003 Arc LLC | Hy Vee INC | Special Warranty Deed | $12.1M · Ubs Real Estate Investments INC |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $12,745,000
- 6.5%
- $11,760,000
- 7%
- $10,920,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $10,314,000
- AI Estimate
- $6,428,000
Market price range: $4.98M - $14.5MMarket price range: $2.90M - $8.00M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $9,670,000 Current use
- RESTAURANT
- $14,270,000 Change: +48% Conversion: Easy
- AUTO REPAIR, GARAGE
- $12,875,000 Change: +33% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $12,550,000 Change: +30% Conversion: Difficult
- MEDICAL BUILDING
- $12,515,000 Change: +29% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $9,145,000 Change: -5% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $8,175,000 Change: -15% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- West Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.7746
- Latitude
- 41.5607
- 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
$278,528
$4,570,000
$4,940,000
$9,510,000
-
$4,570,000
$4,940,000
$9,510,000
