Property profile

815 51st St West Des Moines, IA 50265

OFF-MARKET
Drive through restaurants
Property ID
US25-2256391
2,400 SF 1.26 ac lot Built 2020
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2020
Construction FRAME
Total area 2,400 SF
Lot 1.26 ac (54,755 SF)
APN 320/04947-625-002
UPID US25-2256391

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
  • Restaurant

Location

815 51st St West Des Moines, IA 50265-5818
West Des Moines metro Census 11027 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$170k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
2020
Price N/A
2020
Price N/A

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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