500 GrandDes Moines, IA 50309

Property Details for 500 Grand

Year built

2017

Construction

CONCRETE

Lot size

0.85 AC

Property size (Sq ft)

246,400 SF

Zone code

C-3

Property type

Retail properties

Property subtype

Parking lots & garages

APN

020/00936-001-000

APU

2000936001000

PT Realty Valuation

• Cap approach

  6%

  $63,156,392

  6.5%

  $58,298,208

  7%

  $54,134,048

• Alternative use approach

  Residential

  $49,176,720

  Hospitality

  $45,045,608

  Educational

  $37,477,420

  Medical

  $38,766,324

  Retail

  $58,298,208

• Comp approach

  Method 1

  $31,692,166

  Method 2

  $31,692,166

Location Insight

City

Des Moines

County

Polk

State

Iowa

Latitude

41.5875

Longitude

-93.6242

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $3,880,000
• Assessed land value
  $2,640,000
• Assessed value
  $6,520,000
• Tax year
  2020
• Tax bill
  $271,864

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