506 GrandDes Moines, IA 50309

Property Details for 506 Grand

Year built

2007

Construction

FRAME

Lot size

0.40 AC

Property size (Sq ft)

7,608 SF

Zone code

C-3B

Property type

Retail properties

Property subtype

Turn key restaurants

APN

040/01957-001-001

APU

4001957001001

• CAP approach

  CAP return

  Valuation

  6%

  $1,950,064

  6.5%

  $1,800,059

  7%

  $1,671,483

• Comparable approach

  Method

  Valuation

  Method 1

  $978,547

  Method 2

  $978,547

• Alternative Use

  Use

  Valuation

  Residential

  $1,518,417

  Hospitality

  $1,390,862

  Educational

  $1,157,181

  Medical

  $1,196,978

  Retail

  $1,800,059

Location Insight

City

Des Moines

County

Polk

State

Iowa

Latitude

41.591

Longitude

-93.6111

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $800,000
• Assessed land value
  $380,000
• Assessed value
  $1,180,000
• Tax year
  2020
• Tax bill
  $57,872

FAQs

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