5701 Park AveDes Moines, IA 50321

  • Warehouses
  • 515,200 SF

Property Details for 5701 Park Ave

Year built
1958
Construction
STEEL FRAME
Lot size
26.06 AC
Property size (Sq ft)
515,200 SF
Zone code
M-1
Property type
Warehouses
APN
010/32514-476-004
APU
1032514476004

Description

This exceptional industrial property, located at 5701 Park Ave in Des Moines, Iowa, offers a significant opportunity for businesses seeking warehouse space. The property consists of two buildings totaling 221,000 square feet, currently entirely vacant and ready for immediate occupancy. The flexible layout allows for multiple tenancy options, with spaces ranging from a minimum of 40,000 square feet to a maximum contiguous space of 161,000 square feet. This provides considerable adaptability for various business needs and scales. The property is zoned EX - EX Mixed Use within Polk County, offering potential for diverse operational uses. The precise location in Des Moines, Iowa, zip code 50321 (41.5572222, -93.6962386), provides excellent access to transportation networks and logistical advantages for efficient distribution and operations. With its substantial size and versatile configuration, this property presents a rare opportunity for businesses seeking a prominent presence in the Des Moines industrial market. The entire 221,000 square feet is available for lease. Contact us today to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $102,822,616
    Hospitality
    $94,184,968
    Educational
    $78,360,784
    Medical
    $81,055,736
    Retail
    $121,894,560

Location Insight

City
Des Moines
County
Polk
State
Iowa
Latitude
41.5573
Longitude
-93.696
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
$666,342
$1,690,000
$15,820,000
$17,510,000
-
$1,690,000
$15,820,000
$17,510,000

FAQs

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