Property profile

5571 2nd St Des Moines, IA 50313

OFF-MARKET
Retail properties & Spaces
Property ID
US25-0181783
4,131 SF 0.9 ac lot Built 1977
Entity Owned 15-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1977
Construction FRAME
Total area 4,131 SF
Lot 0.9 ac (39,120 SF)
Zoning code GC
APN 270/02019-000-000
UPID US25-0181783

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
  • Auto Repair Shop

Location

5571 2nd St Des Moines, IA 50313-1333
Des Moines metro Census 10500 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2010
3 recorded transactions
2022
Price N/A
2010
$225,000
1969
Price N/A

Zoning & alternative use

GC · Des Moines, IA

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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