4201 Corporate DrWest Des Moines, IA 50266

  • Investment properties
  • 30,786 SF

Property Details for 4201 Corporate Dr

Year built
2016
Construction
STEEL FRAME
Lot size
3.00 AC
Property size (Sq ft)
30,786 SF
Zone code
PCP
Property type
Investment properties
Property subtype
Live-work space
APN
320/04947-031-026
APU
32004947031026

Description

This exceptional West Des Moines office property at 4201 Corporate Drive offers up to 13,000 contiguous square feet of flexible space, perfect for a variety of businesses. The single-story building features a mix of medical, traditional, and executive office suites, ideal for companies seeking a collaborative and modern work environment. Currently available is a single, large space, allowing for customization to meet specific tenant needs. The property is situated in a thriving corporate area of West Des Moines, Iowa, offering convenient access to major transportation routes and amenities. This is a multi-tenant building, providing a dynamic and forward-thinking atmosphere. Sharing the building with Iowa Diabetes, a healthcare innovation leader, presents a unique opportunity for synergistic partnerships. The lease rate is inclusive of utilities, water, and janitorial services, simplifying budgeting and operational management. The address is 4201 Corporate Dr, West Des Moines, IA 50266. This is a rare opportunity to secure prime office space in a highly desirable location. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,367,550
    6.5%
    $4,954,662
    7%
    $4,600,758
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,571,318
    Geo Method
    $1,571,318
  • Alternative Use

    Use
    Valuation
    Residential
    $6,143,781
    Hospitality
    $5,627,670
    Educational
    $4,682,156
    Medical
    $4,843,182
    Retail
    $7,283,353

Location Insight

City
West Des Moines
County
Polk
State
Iowa
Latitude
41.5987
Longitude
-93.7624
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
$105,382
$1,190,000
$2,930,000
$4,120,000
-
$1,190,000
$2,930,000
$4,120,000

FAQs

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