4944 FranklinDes Moines, IA 50310

  • Retail properties
  • 29,587 SF
For Lease
$9/SF/YR View listing

Property Details for 4944 Franklin

Year built
1986
Construction
FRAME
Lot size
2.12 AC
Property size (Sq ft)
29,587 SF
Zone code
C-1
Property type
Retail properties
Property subtype
Strip malls
APN
100/05038-012-001
APU
10005038012001

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,583,256
    6.5%
    $6,999,929
    7%
    $6,499,934
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,805,504
    Geo Method
    $3,805,504
  • Alternative Use

    Use
    Valuation
    Residential
    $5,904,702
    Hospitality
    $5,408,675
    Educational
    $4,499,954
    Medical
    $4,654,714
    Retail
    $6,999,929
4944 Franklin, Des Moines, Iowa

Location Insight

City
Des Moines
County
Polk
State
Iowa
Latitude
41.6109
Longitude
-93.6867
CBSA code
19780
CBSA name
DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $335,000
  • Assessed land value
    $585,000
  • Assessed value
    $920,000
  • Tax year
    2020
  • Tax bill
    $28,074

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