3218 9thDes Moines, IA 50315

  • Retail properties
  • 37,315 SF
Off market
$1,681,900 Estimated

Property Details for 3218 9th

Year built
1982
Construction
STEEL FRAME
Lot size
1.63 AC
Property size (Sq ft)
37,315 SF
Zone code
C-1
Property type
Retail properties
Property subtype
Strip malls
APN
010/03255-003-000
APU
1003255003000

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,564,672
    6.5%
    $8,828,928
    7%
    $8,198,290
  • Comparable approach

    Method
    Valuation
    Method 1
    $4,799,485
    Method 2
    $4,799,485
  • Alternative Use

    Use
    Valuation
    Residential
    $7,447,532
    Hospitality
    $6,821,899
    Educational
    $5,675,740
    Medical
    $5,870,937
    Retail
    $8,828,928
3218 9th, Des Moines, Iowa

Location Insight

City
Des Moines
County
Polk
State
Iowa
Latitude
41.5544
Longitude
-93.6268
CBSA code
19780
CBSA name
DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $940,000
  • Assessed land value
    $450,000
  • Assessed value
    $1,390,000
  • Tax year
    2020
  • Tax bill
    $47,906

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