Technical
Financial
Distress signals
Property profile

6224 Grand Ave Des Moines, IA 50312

OFF-MARKET
Turn key restaurants
Property ID
US25-0288872
3,030 SF 0.66 ac lot Built 1982
Trust Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1982
Construction FRAME
Total area 3,030 SF
Lot 0.66 ac (28,750 SF)
Zoning code FW
APN 090/05357-006-000
UPID US25-0288872

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
  • Bar & Pub Nightclub
  • Atm

Location

6224 Grand Ave Des Moines, IA 50312-1421
Des Moines metro Census 4001 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2016
1 recorded transaction
2016
Price N/A

Zoning & alternative use

FW · 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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