4700 Westown PkwyWest Des Moines, IA 50266

Property Details for 4700 Westown Pkwy

Year built

1984

Construction

STEEL FRAME

Lot size

11.12 AC

Property size (Sq ft)

73,386 SF

Zone code

PCP

Property type

Investment properties

Property subtype

Live-work space

APN

320/03977-204-003

APU

32003977204003

Description

Regency West 4 offers exceptional office space in West Des Moines, Iowa. This Class A building, part of the eight-building Regency West Office Park, boasts a total of 72,167 square feet. Currently, multiple suites are available, ranging from 11,437 to 26,980 square feet, providing flexibility for businesses of various sizes. The property features a private fiber network, ensuring high-speed internet connectivity, and a wellness center for employee well-being. Professional on-site property management ensures seamless operations. The convenient location offers easy access to major roadways, including I-35/I-80, I-235, downtown Des Moines, and the Des Moines International Airport. Enjoy the benefits of ample free on-site parking, attractive landscaping, and inviting plazas with outdoor seating. The surrounding area provides convenient access to numerous amenities, including restaurants, banks, and shopping centers, such as Valley West Mall. This is a prime opportunity to secure high-quality office space in a thriving business community. The building's strategic location and comprehensive amenities make it an ideal choice for businesses seeking a productive and comfortable work environment. Contact us today to learn more about available suites and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $12,794,880

  6.5%

  $11,810,659

  7%

  $10,967,040

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,745,622

  Geo Method

  $3,745,622

• Alternative Use

  Use

  Valuation

  Residential

  $14,645,217

  Hospitality

  $13,414,940

  Educational

  $11,161,072

  Medical

  $11,544,919

  Retail

  $17,361,668

Location Insight

City

West Des Moines

County

Polk

State

Iowa

Latitude

41.5941

Longitude

-93.7682

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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