Property profile

580 9th St 5 Des Moines, IA 50309

OFF-MARKET
Retail space
Property ID
US25-1170083
11,753 SF 0.35 ac lot Built 2016
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2016
Construction STEEL FRAME
Total area 11,753 SF
Lot 0.35 ac (15,368 SF)
APN 020/00190-003-002
UPID US25-1170083

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
  • Medical Clinic
  • Physician
  • Physician
  • Bakery Discount Store
  • Physician

Location

580 9th St, Unit 5 Des Moines, IA 50309-1270
Des Moines metro Census 5101 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$16.67M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$16.67M

Owner & transaction history

since 2024
Last sale
$16.7M
1 recorded transaction
2024
$16.7M

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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