5880 UniversityWest Des Moines, IA 50266

  • Healthcare properties
  • 79,916 SF
Off market
$26,136,000 Estimated

Property Details for 5880 University

Year built
2004
Construction
STEEL FRAME
Lot size
7.82 AC
Property size (Sq ft)
79,916 SF
Zone code
PUD OFFICE
Property type
Healthcare properties
Property subtype
Medical offices
APN
320/03026-999-903
APU
32003026999903

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,933,152
    6.5%
    $12,861,371
    7%
    $11,942,702
  • Comparable approach

    Method
    Valuation
    Method 1
    $4,078,913
    Method 2
    $4,078,913
  • Alternative Use

    Use
    Valuation
    Residential
    $15,948,100
    Hospitality
    $14,608,374
    Educational
    $12,153,996
    Medical
    $12,571,990
    Retail
    $18,906,216
5880 University, West Des Moines, Iowa

Location Insight

City
West Des Moines
County
Polk
State
Iowa
Latitude
41.5996
Longitude
-93.789
CBSA code
19780
CBSA name
DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $16,900,000
  • Assessed land value
    $4,700,000
  • Assessed value
    $21,600,000
  • Tax year
    2020
  • Tax bill
    $565,362

FAQs

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