1040 5thDes Moines, IA 50314

Property Details for 1040 5th

Year built

2018

Construction

CONCRETE

Lot size

1.83 AC

Property size (Sq ft)

61,440 SF

Property type

Retail properties

Property subtype

Parking lots & garages

APN

030/04241-009-003

APU

3004241009003

PT Realty Valuation

• Cap approach

  6%

  $15,747,973

  6.5%

  $14,536,591

  7%

  $13,498,263

• Alternative use approach

  Residential

  $12,262,158

  Hospitality

  $11,232,071

  Educational

  $9,344,951

  Medical

  $9,666,338

  Retail

  $14,536,591

• Comp approach

  Method 1

  $7,902,462

  Method 2

  $7,902,462

Location Insight

City

Des Moines

County

Polk

State

Iowa

Latitude

41.5968

Longitude

-93.6251

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $2,911,000
• Assessed land value
  $499,000
• Assessed value
  $3,410,000
• Tax year
  2023

FAQs

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