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1111 Grand Ave; Des Moines, IA Property Details

1111 Grand Ave, Des Moines, IA is a Parking Garage/structure that was built in 2009. This property is currently a cash purchase and is not for sale. Our records show that 1111 Grand Ave has a total of 616,534 square feet. The lot size of 1111 Grand Ave is 72,709 square feet.

Off market
1111 Grand Ave Des Moines, IA 50309
$16,470,000 Estimated Value
616,534 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Corporate
  • Owner Status: Corporate
  • Year Built: 2009
  • Purchase Price: $17,583,500
  • APN: 030/00662-003-000
  • Situs County: Polk
  • Length Of Ownership: 16 years, 8 months

Structure

  • Building Style: Steel
  • Stories: 10
  • Exterior Wall Type: Concrete
  • Building Condition: Average
  • Roof Type: Flat
  • Roof Cover Type: Other
  • Sewer Type: Yes
  • Water Source: Municipal

Measurements

  • Total: 616,534/SqFt
  • Lot: 72,709/SqFt
  • Gross: 616,534/SqFt
  • Living: 616,534/SqFt
  • Building: 616,534/SqFt
  • Ground: 70,495/SqFt
  • Price Per Square Foot: $28.52

Legal Description

  • Description: PARCEL C BK 12920 PG 392 BEG 66.27F E OF NE CORNER LT 43 FOURTEENTH STREET PLACE THN NE 13.09F E 273.07F S 236.84F W 281.83F N 271.16F TO POB VACATED ALLEY BETWEEN 11TH & 12 ST AND PART VACATED HIGH ST & BEING PART LOT 2 BLK 1 SMITHS ADDITION; AND AL
Building Insights

Land Information

  • Property Type: Parking Garage/Structure
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Des Moines Independent Community School District
  • Lat / Lon: 41.58679 / -93.63224
  • Subdivision: Campbell & Mc Mullen Addition
  • Property Class: Commercial
  • Zoning: C-3A
  • County Use Code: 28

Amenities

  • Cooling: Yes
  • Heating: Forced air unit
  • Parking: 164

Ownership Info

1111 Grand Ave has no associated ownership info
1111 Grand Ave has no associated ownership info.

Taxes

1111 Grand Ave has 10 associated Taxes items

1111 Grand Ave, Des Moines, IA pays taxes in Polk County, IA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $16,470,000. The APN we've located for 1111 Grand Ave is 030/00662-003-000.

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Taxes
  • Assessed Value:  $16,470,000
  • Assessed Year:  2025
  • Assessed County:  Polk
  • APN:  030/00662-003-000
  • Assessed Land Value:  4800000
  • Market Land Value:  4800000
  • Tax Amount:  883062
  • Tax Year:  2024
  • Market Value:  16470000
  • Market Year:  2025

Tax History

1111 Grand Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $16,470,000 Land Value $4,800,000 Improvement Value $11,670,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $22,500,000 Land Value $4,800,000 Improvement Value $17,700,000 Tax Amount $883,062 Change Rate -0.015813% Assessed CR Tax Rate +0.039247%
Year 2023 Assessed Value $22,500,000 Land Value $4,800,000 Improvement Value $17,700,000 Tax Amount $897,250 Change Rate Assessed CR Tax Rate +0.039878%
Year 2022 Assessed Value $22,500,000 Land Value $4,800,000 Improvement Value $17,700,000 Tax Amount $897,250 Change Rate +0.205116% Assessed CR Tax Rate +0.039878%
Year 2021 Assessed Value $22,500,000 Land Value $4,800,000 Improvement Value $17,700,000 Tax Amount $744,534 Change Rate +0.043709% Assessed CR Tax Rate +0.03309%
Year 2020 Assessed Value $21,820,000 Land Value $4,360,000 Improvement Value $17,460,000 Tax Amount $713,354 Change Rate -0.002545% Assessed CR Tax Rate +0.032693%
Year 2019 Assessed Value $21,820,000 Land Value $4,360,000 Improvement Value $17,460,000 Tax Amount $715,174 Change Rate +0.108182% Assessed CR Tax Rate +0.032776%
Year 2018 Assessed Value $21,820,000 Land Value $4,362,500 Improvement Value $17,457,500 Tax Amount $645,358 Change Rate Assessed CR Tax Rate +0.029576%
Year 2017 Assessed Value $21,820,000 Land Value $4,362,500 Improvement Value $17,457,500 Tax Amount $645,358 Change Rate +0.140805% Assessed CR Tax Rate +0.029576%
Year 2016 Assessed Value $20,110,000 Land Value $1,850,000 Improvement Value $18,260,000 Tax Amount $565,704 Change Rate +0.163708% Assessed CR Tax Rate +0.02813%
Year 2015 Assessed Value $20,110,000 Land Value $1,850,000 Improvement Value $18,260,000 Tax Amount $486,122 Change Rate +0.237575% Assessed CR Tax Rate +0.024173%
Year 2014 Assessed Value $19,680,000 Land Value $1,850,000 Improvement Value $17,830,000 Tax Amount $392,802 Change Rate +0.195329% Assessed CR Tax Rate +0.019959%
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $328,614 Change Rate Assessed CR Tax Rate