5901 ThorntonDes Moines, IA 50321

  • Mixed-use properties
  • 26,199 SF
Off market
$3,146,000 Estimated

Property Details for 5901 Thornton

Year built
1999
Construction
STEEL FRAME
Lot size
3.01 AC
Property size (Sq ft)
26,199 SF
Zone code
PUD
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
010/00006-031-000
APU
1000006031000

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,568,136
    6.5%
    $4,216,740
    7%
    $3,915,545
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,337,197
    Geo Method
    $1,337,197
  • Alternative Use

    Use
    Valuation
    Residential
    $5,228,758
    Hospitality
    $4,789,514
    Educational
    $3,984,820
    Medical
    $4,121,864
    Retail
    $6,198,608
5901 Thornton, Des Moines, Iowa

Location Insight

City
Des Moines
County
Polk
State
Iowa
Latitude
41.5539
Longitude
-93.6965
CBSA code
19780
CBSA name
DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $2,226,000
  • Assessed land value
    $374,000
  • Assessed value
    $2,600,000
  • Tax year
    2020
  • Tax bill
    $140,004

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