4401 Westown PkwyWest Des Moines, IA 50266

Property Details for 4401 Westown Pkwy

Year built

1986

Construction

STEEL FRAME

Lot size

6.47 AC

Property size (Sq ft)

66,090 SF

Zone code

PCP

Property type

Investment properties

Property subtype

Live-work space

APN

320/04127-502-001

APU

32004127502001

Description

This exceptional office space, located at 4401 Westown Parkway in West Des Moines, Iowa, offers a variety of options for businesses of all sizes. Part of the prestigious Three Fountains Office Park, this property boasts a total of 61,430 square feet, with spaces ranging from a minimum of 634 square feet to a maximum contiguous space of 1,829 square feet. The building, constructed in 1986, features both executive suites and traditional office layouts, catering to diverse business needs. Tenancy is multiple, allowing for flexibility in lease terms and space requirements. The property is conveniently located in Polk County, with easy access to major transportation arteries, including I-35/I-80, I-235, and the Des Moines International Airport. Three Fountains Office Park provides a wealth of amenities, including a private fiber network, a fully equipped conference center, and a wellness center. On-site property management ensures seamless operations. The park also offers ample free parking, attractive landscaping, outdoor seating areas, and proximity to numerous restaurants, banks, and shopping centers, including the Valley West Mall. This prime location and comprehensive amenity package make this an ideal choice for businesses seeking a productive and comfortable work environment.

• CAP approach

  CAP return

  Valuation

  6%

  $11,522,824

  6.5%

  $10,636,453

  7%

  $9,876,707

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,373,234

  Geo Method

  $3,373,234

• Alternative Use

  Use

  Valuation

  Residential

  $13,189,202

  Hospitality

  $12,081,238

  Educational

  $10,051,448

  Medical

  $10,397,133

  Retail

  $15,635,586

Location Insight

City

West Des Moines

County

Polk

State

Iowa

Latitude

41.5964

Longitude

-93.7643

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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