3706 Ingersoll AveDes Moines, IA 50312
- Investment properties
- 7,583 SF
For Sale
Property Details for 3706 Ingersoll Ave
- Year built
- 1987
- Construction
- FRAME
- Lot size
- 0.34 AC
- Property size (Sq ft)
- 7,583 SF
- Zone code
- NPC
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 090/07905-000-000
- APU
- 9007905000000
Description
This exceptional three-story office building, located at 3706 Ingersoll Avenue in Des Moines, Iowa, presents a unique investment opportunity. The property, encompassing a total of 4,400 square feet, offers versatile space ideal for a variety of businesses. The building's classification includes both traditional office and retail space, providing flexibility for diverse operational needs. The building consists of three stories, allowing for efficient layout and potential for expansion or separation of office areas. Convenient on-site parking is available for tenants and clients, enhancing the property's appeal and practicality. A significant advantage is the adaptability of the upper two floors
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,322,182
- 6.5%
- $1,220,476
- 7%
- $1,133,299
-
Comparable approach
- Method
- Valuation
- Relative Method
- $387,036
- Geo Method
- $387,036
-
Alternative Use
- Use
- Valuation
- Residential
- $1,513,390
- Hospitality
- $1,386,257
- Educational
- $1,153,350
- Medical
- $1,193,015
- Retail
- $1,794,100
Location Insight
- City
- Des Moines
- County
- Polk
- State
- Iowa
- Latitude
- 41.5858
- Longitude
- -93.6671
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$23,868
$154,000
$613,000
$767,000
-
$154,000
$613,000
$767,000
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
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- How can I contact the broker?
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