1201 PennsylvaniaDes Moines, IA 50316

  • Healthcare properties
  • 6,626 SF
For Sale
$5,294,267 View listing

Property Details for 1201 Pennsylvania

Year built
1999
Construction
STEEL FRAME
Lot size
1.25 AC
Property size (Sq ft)
6,626 SF
Zone code
C-0
Property type
Healthcare properties
Property subtype
Medical offices
APN
110/06774-003-001
APU
11006774003001

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,155,340
    6.5%
    $1,066,468
    7%
    $990,292
  • Comparable approach

    Method
    Valuation
    Method 1
    $338,191
    Method 2
    $338,191
  • Alternative Use

    Use
    Valuation
    Residential
    $1,322,420
    Hospitality
    $1,211,330
    Educational
    $1,007,812
    Medical
    $1,042,473
    Retail
    $1,567,708
1201 Pennsylvania, Des Moines, Iowa

Location Insight

City
Des Moines
County
Polk
State
Iowa
Latitude
41.601
Longitude
-93.6081
CBSA code
19780
CBSA name
DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $972,000
  • Assessed land value
    $248,000
  • Assessed value
    $1,220,000
  • Tax year
    2020
  • Tax bill
    $38,454

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