4800 9thDes Moines, IA 50315

  • Retail properties
  • 18,065 SF
Off market
$1,439,900 Estimated

Property Details for 4800 9th

Year built
2004
Construction
STEEL FRAME
Lot size
1.75 AC
Property size (Sq ft)
18,065 SF
Property type
Retail properties
Property subtype
Strip malls
APN
120/03584-001-006
APU
12003584001006

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,630,514
    6.5%
    $4,274,320
    7%
    $3,969,012
  • Comparable approach

    Method
    Valuation
    Method 1
    $2,323,535
    Method 2
    $2,323,535
  • Alternative Use

    Use
    Valuation
    Residential
    $3,605,549
    Hospitality
    $3,302,664
    Educational
    $2,747,778
    Medical
    $2,842,278
    Retail
    $4,274,320
4800 9th, Des Moines, Iowa

Location Insight

City
Des Moines
County
Polk
State
Iowa
Latitude
41.541
Longitude
-93.6259
CBSA code
19780
CBSA name
DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $705,000
  • Assessed land value
    $485,000
  • Assessed value
    $1,190,000
  • Tax year
    2023

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