2600 Westown PkwyWest Des Moines, IA 50266

Property Details for 2600 Westown Pkwy

Year built

1988

Construction

STEEL FRAME

Lot size

6.96 AC

Property size (Sq ft)

99,976 SF

Zone code

PCP

Property type

Investment properties

Property subtype

Live-work space

APN

320/04947-031-103

APU

32004947031103

Description

Century III, a prominent Class A office building in West Des Moines, Iowa, offers a variety of spaces for lease. This three-story building, constructed in 1988, boasts a total of 72,265 square feet and features multiple tenancy options. Available spaces range from 668 square feet to 8,955 square feet, catering to diverse business needs. The building is well-equipped with two elevators and is conveniently located at 2600 Westown Parkway, zip code 50266, in Polk County. Amenities include professional property management, heated underground parking, and ample free surface parking. Its prime location offers easy access to major roadways, including I-235, I-80/I-35, downtown Des Moines, and the Des Moines International Airport. Nearby conveniences include restaurants, banks, and shopping centers, such as Valley West Mall. The building's attractive exterior and landscaping enhance its professional image. The building's subtypes include Traditional Office, Executive Office, Medical Office, and Creative Office spaces, providing flexibility for various business types.

• CAP approach

  CAP return

  Valuation

  6%

  $17,431,124

  6.5%

  $16,090,269

  7%

  $14,940,964

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,102,775

  Geo Method

  $5,102,775

• Alternative Use

  Use

  Valuation

  Residential

  $19,951,934

  Hospitality

  $18,275,864

  Educational

  $15,205,304

  Medical

  $15,728,238

  Retail

  $23,652,696

Location Insight

City

West Des Moines

County

Polk

State

Iowa

Latitude

41.5956

Longitude

-93.7398

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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