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Property profile & analytics

5814 Hickman Rd Des Moines, IA 50322

  • Drive through restaurants
  • 1,232 SF
  • 0.30 lot acres
For Lease
Last Sale
Dec 08, 2020
$225,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US25-0224821
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

  • Drive through restaurants

Property Details for 5814 Hickman Rd

Year built
1994
Construction
STEEL FRAME
Lot size
0.30 lot acres
Property size
1,232 SF
Zone code
C-1
Property type
Drive through restaurants
APN
100/08643-000-000
APU
10008643000000

Description

This 1,232 square foot freestanding retail building in Des Moines, Iowa, presents a fantastic opportunity for a quick-serve restaurant. Located at 5814 Hickman Rd, Des Moines, IA 50322, this single-tenant property boasts a convenient drive-thru, ideal for maximizing customer convenience and throughput. The building is already built out as a quick-serve restaurant, saving significant time and expense on renovations. Benefit from excellent visibility and signage opportunities, with prominent placement along Hickman Road and Merle Hay Road, ensuring high traffic exposure. Neighboring businesses include well-established brands such as Starbucks, Hy-Vee Fast & Fresh, Ace Hardware, and CVS, creating a strong retail synergy and attracting a high volume of potential customers. Traffic counts from 2016 show 20,000 vehicles per day on Hickman Road and 21,400 vehicles per day on Merle Hay Road, indicating substantial foot and vehicle traffic. The lease rate is negotiable, making this property an attractive investment for the right operator. Pole signage is also available, further enhancing visibility and brand recognition. This turnkey solution offers immediate occupancy and the potential for significant returns.


Value Estimations

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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Des Moines
County
Polk
State
Iowa
Longitude
-93.6987
Latitude
41.6146
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
$3,318
$109,000
$49,000
$158,000
-
$109,000
$49,000
$158,000
More about this property
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