1601 22Nd StWest Des Moines, IA 50266

Property Details for 1601 22Nd St

Year built

1972

Construction

STEEL FRAME

Lot size

2.35 AC

Property size (Sq ft)

40,004 SF

Zone code

RC

Property type

Investment properties

Property subtype

Live-work space

APN

320/04947-031-083

APU

32004947031083

Description

This exceptional Class B office building, located at 1601 22nd Street in West Des Moines, Iowa, offers a variety of flexible spaces to suit your business needs. The property boasts a total of 40,004 square feet situated on a generous 2.351 acres of land. Multiple tenancy options are available, ranging from 1,500 square feet to a substantial 23,000 square feet. Suites are available on the first and second floors, with partial space also available on the third floor. The building features attractive tenant finishes and convenient card access for enhanced security. This highly visible location in West Des Moines, Iowa (zip code 50266) provides excellent exposure and accessibility for your business. The property is in move-in condition, making it an ideal solution for businesses seeking immediate occupancy. The building's traditional office layout offers a classic and functional workspace. This is a rare opportunity to secure prime office space in a desirable West Des Moines location. Contact us today to learn more about available suites and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $6,974,834

  6.5%

  $6,438,308

  7%

  $5,978,430

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,041,804

  Geo Method

  $2,041,804

• Alternative Use

  Use

  Valuation

  Residential

  $7,983,502

  Hospitality

  $7,312,846

  Educational

  $6,084,202

  Medical

  $6,293,446

  Retail

  $9,464,314

Location Insight

City

West Des Moines

County

Polk

State

Iowa

Latitude

41.5963

Longitude

-93.7355

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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