2323 Grand AveDes Moines, IA 50312

  • Investment properties
  • 49,734 SF
For Lease
$7.68/SF/YR View listing

Property Details for 2323 Grand Ave

Year built
2015
Construction
CONCRETE
Lot size
1.64 AC
Property size (Sq ft)
49,734 SF
Zone code
C-2
Property type
Investment properties
Property subtype
Live-work space
APN
030/06278-001-000
APU
3006278001000

Description

This Des Moines, IA office space at 2323 Grand Ave, in Polk County, offers a variety of flexible workspace solutions to suit diverse business needs. The property provides traditional office space, executive suites, coworking areas, and even medical and creative office options. Tenancy is multiple, allowing for businesses of all sizes to find a suitable fit. Options range from fully furnished and equipped private offices tailored to individual requirements, accommodating one person or a large company, to flexible coworking spaces and hot desks. Meeting rooms are available for short-term or long-term use, equipped for various events from informal chats to formal presentations and conferences. Virtual office options are also available, including mail handling and virtual assistant services, along with access to shared workspaces. Flexible working plans provide access to a global network of workspaces, offering a range of options for access to private offices or coworking spaces on a daily, weekly, or monthly basis. The property's location in Des Moines, IA, zip code 50312, provides convenient access to the city's amenities and transportation networks. While the total building square footage is not currently available, the property offers a wide range of customizable options to meet the specific needs of various businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,671,772
    6.5%
    $8,004,712
    7%
    $7,432,948
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,538,423
    Geo Method
    $2,538,423
  • Alternative Use

    Use
    Valuation
    Residential
    $9,925,844
    Hospitality
    $9,092,019
    Educational
    $7,564,454
    Medical
    $7,824,606
    Retail
    $11,766,927

Location Insight

City
Des Moines
County
Polk
State
Iowa
Latitude
41.585
Longitude
-93.6496
CBSA code
19780
CBSA name
DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$804,000
$2,186,000
$2,990,000
-
$804,000
$2,186,000
$2,990,000

FAQs

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