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    Property profile & analytics

    5901 Thornton Ave Des Moines, IA 50321-2403

    • Investment properties
    • 26,199 SF
    • 3.01 lot acres
    OFF-MARKET
    Value Estimation
    $2,485,000
    Last Sale
    May 12, 2022
    $2,600,000
    Location Intelligence
    Property ID
    US25-0388019
    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

    • Construction Products Distribution / General Contractor
    • Dr. Javier Lisboa / Nurse Practitioner
    • Jon Hardersen, PA-C / Physician Assistant
    • Mackenzie Woolwich, RD, LD / Nutritionist
    • Lynn Nelson, MD / Orthopedic Surgeon

    Property Details for 5901 Thornton Ave

    Year built
    1999
    Construction
    STEEL FRAME
    Lot size
    3.01 lot acres
    Property size
    26,199 SF
    Zone code
    PUD
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    010/00006-031-000
    APU
    1000006031000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,535,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,635,000
      6.5%
      $2,705,000
      7%
      $2,500,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,755,000
      Geo Method
      $2,455,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,420,000
      Retail
      $2,005,000
      Mixed-Use
      $2,650,000
      Hospitality
      $2,360,000
      Educational
      $1,975,000
      Residential Income
      $2,295,000
      Energy
      $2,290,000
      Income-Based Land
      $2,605,000
      Food Service
      $1,995,000

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6965
    Latitude
    41.5539
    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
    $140,004
    $374,000
    $2,226,000
    $2,600,000
    -
    $374,000
    $2,226,000
    $2,600,000

    Comparable in this City

    • Value Estimation by Request
      24,282 SF

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    • Value Estimation by Request
      37,970 SF

      2403 Bell Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 37,970 SF
      2403 Bell Ave, Des Moines, IA 50321-1116
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    • Value Estimation by Request
      43,888 SF

      7000 Fleur Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 43,888 SF
      7000 Fleur Dr, Des Moines, IA 50321-4704
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    • Value Estimation
      $110,000
      34,356 SF

      2580 Fleur Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 34,356 SF
      2580 Fleur Dr, Des Moines, IA 50321-1106
      View Details
    • Value Estimation
      $315,000
      9,743 SF

      2216 George Flagg Pkwy

      OFFICE/RESIDENTIAL (MIXED USE) • 9,743 SF
      2216 George Flagg Pkwy, Des Moines, IA 50321-1151
      View Details
    • Value Estimation
      $400,000
      4,778 SF

      6151 Thornton Ave, Unit 5

      OFFICE/RESIDENTIAL (MIXED USE) • 4,778 SF
      6151 Thornton Ave, Des Moines, IA 50321-2413
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,400 SF

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      5,400 SF industrial warehouse with convenient access to transportation routes.
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    • $1,595,000
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      Des Moines Commercial Land - 24 Acres

      Prime Des Moines development land, high traffic area.
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      10,816 SF

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      Desirable Lot in Southwoods Development

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    Similar Nearby for Lease

    • Contact for pricing
      10,816 SF

      Des Moines Executive Office Space

      10,816 SF Office, Ample Parking
      2620 Fleur Dr, Des Moines, IA 50321
      View Details
    • $15 SF/Yr
      2,275 SF

      Fleur Drive Retail/Medical Space

      Well-maintained retail or medical space in a high-traffic area.
      4214 Fleur Dr, Des Moines, IA 50321
      View Details
    • $15 SF/Yr
      403,440 SF

      Des Moines Office Space for Lease

      20,000 SF Call Center Ready
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    • Contact for pricing
      221,000 SF

      Des Moines Warehouse - 221,000 SF

      Large Industrial Warehouse Space Available
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    • Contact for pricing
      18,004 SF

      Office/Warehouse Building for Sub-Lease

      18,004 SF office/warehouse on 1.97 acres near downtown.
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      View Details
    • $9 SF/Yr
      12,627 SF

      Des Moines Office Space Available

      Sublease opportunity with workstations, offices, and conference rooms.
      3620 SW 61St St, Des Moines, IA 50321
      View Details
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    5901 Thornton Ave
    Des Moines, IA 50321-2403
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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