For Sale
$950,000

1245 8Th St West Des Moines, IA 50265

1.66-acre prime development site, 52 units approved.

Overview

Added:
Dec 11, 2024
Days on market:
130
This exceptional 1.66-acre development opportunity is ideally situated in West Des Moines, Iowa, at the strategic intersection of 8th Street and I-235, placing it within a thriving commercial district. The property is zoned PUD B and C, with approvals already in place for a 52-unit apartment building. This presents a significant advantage, streamlining the development process and minimizing potential delays. The asking price for this ready-to-build site is $950,000. The location offers unparalleled access to major transportation routes, ensuring convenient commutes for future residents. Given the high demand for housing in this area, this development promises strong rental income potential. The substantial lot size provides ample space for a substantial multifamily complex, allowing for a variety of design and unit configurations. This is a rare chance to acquire a fully permitted site in a prime location, poised for immediate development and significant return on investment. The property's address is 1245 8th Street, West Des Moines, IA 50265, in Polk County. Detailed plans and specifications are available upon request.

Highlights

  • 1.66-acre prime Midtown development site in a high-traffic commercial area.
  • Exceptional location at the I-235 and 8th Street interchange.
  • Build-ready site.
  • PUD zoning (B & C) with approved plans for 52 units.
  • $950,000

Property Details for 1245 8Th St

Property type
Apartment buildings
Square Feet
1 SF
Lot Size (sq. ft)
72,310 SF

Location Insight

City
West Des Moines
County
Polk
State
Iowa
Latitude
41.588949
Longitude
-93.712266
1245 8Th St, West Des Moines, Iowa

FAQs

What type of property is this?
Apartment building - 1.66-acre prime development site, 52 units approved.
Where is the apartment building located?
The property is located at 1245 8Th St West Des Moines, IA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 1.66-acre prime Midtown development site in a high-traffic commercial area.; Exceptional location at the I-235 and 8th Street interchange.; Build-ready site.
How can I contact the broker?
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1245 8Th St
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