624 GrandDes Moines, IA 50309

  • Mixed-use properties
  • 11,650 SF
Off market
$1,103,520 Estimated

Property Details for 624 Grand

Year built
2003
Construction
FRAME
Lot size
0.57 AC
Property size (Sq ft)
11,650 SF
Zone code
C-3B
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
040/02030-002-000
APU
4002030002000

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,031,362
    6.5%
    $1,875,103
    7%
    $1,741,167
  • Comparable approach

    Method
    Valuation
    Relative Method
    $594,616
    Geo Method
    $594,616
  • Alternative Use

    Use
    Valuation
    Residential
    $2,325,128
    Hospitality
    $2,129,804
    Educational
    $1,771,972
    Medical
    $1,832,913
    Retail
    $2,756,401
624 Grand, Des Moines, Iowa

Location Insight

City
Des Moines
County
Polk
State
Iowa
Latitude
41.5914
Longitude
-93.6092
CBSA code
19780
CBSA name
DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $368,000
  • Assessed land value
    $544,000
  • Assessed value
    $912,000
  • Tax year
    2023

FAQs

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