Property profile

5625 Hickman Rd Des Moines, IA 50310

OFF-MARKET
Retail space
Property ID
US25-0177481
1,497 SF 0.34 ac lot Built 2016
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A stand-alone retail property located on Hickman Road, offering visibility from the roadway. The building includes two walk-in coolers and is supported by ample on-site parking. Monument signage along Hickman Road is available. The space is configured to support retail uses such as a grocery store, flower shop, or convenience store.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2016
Construction FRAME
Total area 1,497 SF
Lot 0.34 ac (14,820 SF)
Zoning code C-1
APN 100/06050-000-000
UPID US25-0177481

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
  • (Bike/Boat/Book/etc) Store

Location

5625 Hickman Rd Des Moines, IA 50310-1119
Des Moines metro Census 803 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2021
Last sale
$215,000
5 recorded transactions
2021
Price N/A
2020
Price N/A
2017
$215,000
2016
$215,000
1969
Price N/A

Zoning & alternative use

C-1 · 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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