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Property profile & analytics
OFF-MARKET
Estimated value
$1,880,000
Hotels
7225 Vis Dr West Des Moines, IA 50266-9315
Entity Owned
13-yr Hold
Free & Clear
Property ID
US25-0236559
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1997
Total area
59,365 SF
Lot
2.51 ac (109,329 SF)
APN
1601151004
UPID
US25-0236559
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Fairfield Inn & Suites Des Moines West Hotel & Motel
-
7225 Vista Drive Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.88M
Owner & transaction history
Lvp Ffi Des Moines LLC · 13 yrs held
Lvp Ffi Des Moines LLC
since 2012
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs West Des Moines submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Des Moines submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,970,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.88M
Range $1.69M – $2.07M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$32 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$146,612
Tax year 2022
Assessed value
$5,268,620
Assessed 2023
Previous assessed
$4,813,470
+9.5% YoY
Effective rate
2.78%
On assessed value
Assessed land
$983,960
Assessed improvement
$4,284,660
Land market value
$983,960
Improvement market value
$4,284,660
Total market value
$5,268,620
Applied tax rate
690,000.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1997
Heating
NONE
Stories
4
Total area
59,365 SF
Lot
2.51 ac (109,329 SF)
APN
1601151004
UPID
US25-0236559
Jurisdiction
DALLAS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Stories
4
Lot
2.51 ac
Current owner
From public records · entity-resolved
Lvp Ffi Des Moines LLC
Entity
Free & Clear · 13 yrs held
Mailing address
8745 W HIGGINS RD STE #320, CHICAGO, IL 60631-9830
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2015
—
Lvp Ffi Des Moines LLC|lvp Ffi Des Moines Holding
—
Grant Deed
related
$75,000,000 · General Elec Cap
Apr 23, 2013
—
Lvp Ffi Des Moines LLC
—
Deed Of Trust
related
$45,000,000 · General Electric Capital Corp
Dec 13, 2012
$4,750,000
Lvp Ffi Des Moines LLC
Ffi Des Moines Holdings LLC
Grant Deed
—
Nov 14, 2011
$7,000
Tic Ffi Des Moines 8 LLC
Tic Ffi Des Moines 11 LLC
Grant Deed
related
—
Nov 14, 2011
$3,991,500
Ffi Des Moines Holdings LLC
Moody Natl Ffi Des Moines H
Grant Deed
related
$3,226,340 · Citigroup Global Markets Realt
Apr 15, 2008
$1,567,500
Tic Ffi Des Moines 24 LLC
Moody Natl Ffi Des Moines S L
Grant Deed
—
Mar 18, 2008
$2,474,000
Tic Ffi Des Moines 18 LLC
Moody Natl Ffi Des Moines S L
Grant Deed
—
Feb 22, 2008
$4,205,500
Tic Ffi Des Moines 12 LLC
Moody Natl Ffi Des Moines S L
Grant Deed
—
Feb 14, 2008
$5,465,000
Tic Ffi Des Moines 1 LLC
Moody Natl Ffi Des Moines S L
Grant Deed
—
Sep 12, 2007
$9,949,000
Natl Ffi Des Moines S L Moody
Wc West Des Moines LLC
Grant Deed
$7,576,000 · Citigroup Global Markets Realt
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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