3600 14Th StDes Moines, IA 50316

Property Details for 3600 14Th St

Year built

2000

Construction

FRAME

Lot size

0.68 AC

Property size (Sq ft)

4,925 SF

Zone code

C-2

Property type

Turn key restaurants

APN

110/02458-001-000

APU

11002458001000

Description

This exceptional Class A retail property, located at 3600 E 14th St in Des Moines, Iowa, is offered at $1,595,000. Boasting 4,925 square feet of vacant space, this property presents a unique opportunity for a discerning investor or business owner. Built in 1971, the single building sits on a 0.682-acre lot and benefits from a highly visible corner location at the intersection of two major highways. This strategic positioning ensures excellent exposure from all four directions, providing unparalleled access to high traffic volume. The property's convenient access to I-235 and I-80/35 guarantees easy accessibility for customers and employees alike. The asking price of $1,595,000 translates to a price per square foot of $323.86. This property is zoned for retail use and is currently vacant, allowing for immediate occupancy and customization to suit a wide range of business needs. The property's prime location in Des Moines, within Polk County, and its convenient zip code of 50316, makes it an ideal investment opportunity. This is a rare chance to acquire a well-situated, high-visibility retail space in a thriving Iowa market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,262,337

  6.5%

  $1,165,234

  7%

  $1,082,003

• Comparable approach

  Method

  Valuation

  Relative Method

  $633,457

  Geo Method

  $633,457

• Alternative Use

  Use

  Valuation

  Residential

  $982,919

  Hospitality

  $900,348

  Educational

  $749,079

  Medical

  $774,841

  Retail

  $1,165,234

Location Insight

City

Des Moines

County

Polk

State

Iowa

Latitude

41.6283

Longitude

-93.6009

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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