1308 2ndDes Moines, IA 50314

  • Retail properties
  • 5,394 SF
Off market
$417,450 Estimated

Property Details for 1308 2nd

Year built
1992
Construction
STEEL FRAME
Lot size
0.51 AC
Property size (Sq ft)
5,394 SF
Zone code
M-1
Property type
Retail properties
Property subtype
Auto shops
APN
080/05935-002-001
APU
8005935002001

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,382,559
    6.5%
    $1,276,208
    7%
    $1,185,051
  • Comparable approach

    Method
    Valuation
    Relative Method
    $693,781
    Geo Method
    $693,781
  • Alternative Use

    Use
    Valuation
    Residential
    $1,076,530
    Hospitality
    $986,095
    Educational
    $820,420
    Medical
    $848,635
    Retail
    $1,276,208
1308 2nd, Des Moines, Iowa

Location Insight

City
Des Moines
County
Polk
State
Iowa
Latitude
41.6026
Longitude
-93.6201
CBSA code
19780
CBSA name
DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $251,900
  • Assessed land value
    $93,100
  • Assessed value
    $345,000
  • Tax year
    2023

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