606 Watson Powell Jr WayDes Moines, IA 50309

  • Commercial real estate
  • 8,856 SF
For Sale

Property Details for 606 Watson Powell Jr Way

Lot size
0.40 AC
Property size (Sq ft)
8,856 SF
Zone code
C-3
Property type
Commercial real estate
APN
030/00729-002-000
APU
3000729002000

Description

This exceptional .396-acre commercial land parcel presents a unique investment opportunity in Des Moines, Iowa. Situated at 606 Watson Powell Jr Way, this property boasts a highly desirable location between 6th Avenue and 7th Street, benefiting from a combined daily vehicle traffic exceeding 15,000 vehicles. The lot's size translates to approximately 17,270 square feet, offering ample space for a variety of commercial developments. Its strategic placement near a substantial 2.5 million square foot corporate campus further enhances its appeal and potential for significant returns. The property's zoning allows for diverse uses, including office space, retail establishments, and entertainment venues, catering to a wide range of business needs. The sale price is negotiable, making this an attractive proposition for developers and investors seeking a prime location in a thriving Des Moines market. The property is located in Polk County, Iowa, with a zip code of 50309. The coordinates are 41.589274 latitude and -93.62607 longitude. This is a rare opportunity to acquire a well-positioned commercial lot in a high-traffic area with significant development potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,767,484
    Hospitality
    $1,619,006
    Educational
    $1,346,994
    Medical
    $1,393,319
    Retail
    $2,095,324
606 Watson Powell Jr Way, Des Moines, Iowa

Location Insight

City
Des Moines
County
Polk
State
Iowa
Latitude
41.5893
Longitude
-93.6261
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
2020
$46,824
$950,000
$150,000
$1,100,000
-
$950,000
$150,000
$1,100,000

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