516 3rdDes Moines, IA 50309

  • Mixed-use properties
  • 14,340 SF
For Lease
$14.50/SF/YR View listing

Property Details for 516 3rd

Year built
1993
Construction
FRAME
Lot size
0.19 AC
Property size (Sq ft)
14,340 SF
Zone code
C-3
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
030/00251-000-000
APU
3000251000000
516 3rd, Des Moines, Iowa

PT Realty Valuation

  • Cap approach

    6%
    $2,500,394
    6.5%
    $2,308,056
    7%
    $2,143,195
  • Alternative use approach

    Residential
    $2,861,989
    Hospitality
    $2,621,567
    Educational
    $2,181,113
    Medical
    $2,256,125
    Retail
    $3,392,842
  • Comp approach

    Method 1
    $731,914
    Method 2
    $731,914

Location Insight

City
Des Moines
County
Polk
State
Iowa
Latitude
41.5891
Longitude
-93.6218
CBSA code
19780
CBSA name
DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $100
  • Assessed land value
    $372,000
  • Assessed value
    $372,100
  • Tax year
    2020
  • Tax bill
    $12,002

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