Property profile

600 Army Post Rd Des Moines, IA 50315

OFF-MARKET
Banks
Property ID
US25-0358963
12,112 SF 4.39 ac lot Built 1994
Entity Owned Free & Clear
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1994
Construction FRAME
Total area 12,112 SF
Lot 4.39 ac (191,054 SF)
Zoning code C-2
APN 120/07332-001-004
UPID US25-0358963

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
  • Bank Loan Service
  • (Bike/Boat/Book/etc) Store Auto Parts Store
  • Atm
  • Financial Advisor

Location

600 Army Post Rd Des Moines, IA 50315-6251
Des Moines metro Census 4702 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$500k
CAP Approach CAP
by Request
Comparable Approach Comparable
$770k
Blend (final) Blend
$635k

Owner & transaction history

Zoning & alternative use

C-2 · Des Moines, IA
Top alternative use upside
Apartment house (5+ units) $985,000 +8.2%

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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