Technical
Financial
Distress signals
Property profile

859 24th St Des Moines, IA 50317

OFF-MARKET
Automotive properties
Property ID
US25-0098458
2,520 SF 0.18 ac lot Built 1986
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1986
Construction FRAME
Total area 2,520 SF
Lot 0.18 ac (7,684 SF)
Zoning code C-1
APN 050/03680-001-000
UPID US25-0098458

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

859 24th St Des Moines, IA 50317
Des Moines metro Census 2100 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2023
2 recorded transactions
2023
$350,000
2009
$90,000

Zoning & alternative use

C-1 · 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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