1631 Martin Luther King JrDes Moines, IA 50314

  • Retail properties
  • 1,860 SF
Off market
$99,462 Estimated

Property Details for 1631 Martin Luther King Jr

Year built
1961
Construction
FRAME
Lot size
0.22 AC
Property size (Sq ft)
1,860 SF
Zone code
C-0
Property type
Retail properties
Property subtype
Auto shops
APN
080/00134-001-000
APU
8000134001000

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $476,737
    6.5%
    $440,064
    7%
    $408,631
  • Comparable approach

    Method
    Valuation
    Method 1
    $239,235
    Method 2
    $239,235
  • Alternative Use

    Use
    Valuation
    Residential
    $371,211
    Hospitality
    $340,027
    Educational
    $282,899
    Medical
    $292,628
    Retail
    $440,064
1631 Martin Luther King Jr, Des Moines, Iowa

Location Insight

City
Des Moines
County
Polk
State
Iowa
Latitude
41.6089
Longitude
-93.6436
CBSA code
19780
CBSA name
DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $61,800
  • Assessed land value
    $20,400
  • Assessed value
    $82,200
  • Tax year
    2020
  • Tax bill
    $2,830

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