1500 30Th StWest Des Moines, IA 50266

Property Details for 1500 30Th St

Year built

1985

Construction

STEEL FRAME

Lot size

2.27 AC

Property size (Sq ft)

9,920 SF

Zone code

PCP

Property type

Investment properties

Property subtype

Live-work space

APN

320/00648-006-000

APU

32000648006000

Description

This exceptional single-tenant office building, located at 1500 30th Street in West Des Moines, Iowa, offers 9,920 square feet of versatile space. Built in 1985, this two-story building sits on a 2.268-acre lot in Polk County, zip code 50266. The property boasts a substantial office build-out, perfect for a variety of business types, including traditional, executive, and creative office uses. Large windows throughout the building provide ample natural light, creating a bright and inviting work environment. The building features a welcoming lobby, multiple conference rooms, and convenient break areas for employee comfort and productivity. Ample parking is available, ensuring convenient access for employees and clients. Its strategic location provides easy access to major highways and nearby amenities, making it an attractive option for businesses seeking a well-established office corridor. Currently vacant, this property presents a unique opportunity for immediate occupancy, allowing businesses to customize the space to their specific needs. The property is well-maintained and ready for its next chapter. This is an ideal opportunity for businesses seeking a substantial and functional office space in a desirable West Des Moines location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,729,577

  6.5%

  $1,596,533

  7%

  $1,482,495

• Comparable approach

  Method

  Valuation

  Relative Method

  $506,317

  Geo Method

  $506,317

• Alternative Use

  Use

  Valuation

  Residential

  $1,979,701

  Hospitality

  $1,813,395

  Educational

  $1,508,724

  Medical

  $1,560,611

  Retail

  $2,346,903

Location Insight

City

West Des Moines

County

Polk

State

Iowa

Latitude

41.5946

Longitude

-93.7466

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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