4320 Westown PkwyWest Des Moines, IA 50265

Property Details for 4320 Westown Pkwy

Year built

2007

Construction

STEEL FRAME

Lot size

1.21 AC

Property size (Sq ft)

5,328 SF

Zone code

PUD OFFICE

Property type

Banks

APN

320/04947-030-403

APU

32004947030403

Description

This exceptional single-story, Class B office building, located at 4320 Westown Parkway in West Des Moines, Iowa, offers 5,329 square feet of versatile space. Currently fully vacant, the property is ideally suited for a variety of uses, including executive offices, medical practices, or retail businesses. The building is situated within the Westown City Center development, at the southwest corner of 42nd Street and Westown Parkway, a well-established and convenient location. The property is zoned for City of West Des Moines use within Polk County. Multiple tenancy options are available, with a minimum divisible space of 1,768 square feet and a maximum contiguous space of 5,329 square feet, providing flexibility for businesses of various sizes. This presents a unique opportunity to secure a prominent location in a thriving West Des Moines commercial area, with the entire building available for immediate occupancy. The property's single-story design offers easy accessibility and efficient use of space. The address is 4320 Westown Pkwy, West Des Moines, IA 50266. This is a rare chance to establish a presence in a highly desirable West Des Moines location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,365,544

  6.5%

  $1,260,502

  7%

  $1,170,466

• Comparable approach

  Method

  Valuation

  Relative Method

  $685,292

  Geo Method

  $685,292

• Alternative Use

  Use

  Valuation

  Residential

  $1,063,281

  Hospitality

  $973,960

  Educational

  $810,323

  Medical

  $838,191

  Retail

  $1,260,502

Location Insight

City

West Des Moines

County

Polk

State

Iowa

Latitude

41.595

Longitude

-93.7623

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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