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Des Moines, IA Healthcare Properties for Sale

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Retail Mall Redevelopment Opportunity
Updated: Jan 25, 2021
Retail Mall Redevelopment Opportunity

3850 Merle Hay Rd, Des Moines, IA 50310

$2,200,000
66,400 sqft
66,400 SF Merle Hay Mall retail center (incl. a six‑story high‑rise) built in 1966
Zoned C‑4 and located on high‑traffic Merle Hay Road in Des Moines
Direct, indoor access to a super‑regional mall
Controlled, full‑movement lighted intersection plus multiple lot entrances for access
Ample surface and covered parking with multiple entrances
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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Des Moines, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Live-Work Commercial Property
Live-Work Commercial Property

312 W Wood Street, Urbana, IA 52345

$120,000
1,680 sqft

Flexible commercial space currently set up for a salon, plus a fully rented attached one-bedroom apartment.

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Free-Standing Medical Office Building
Free-Standing Medical Office Building

236 National Drive, Waterloo, IA 50701

Contact for pricing
6,074 sqft

Updated single-tenant medical office with private parking lot, street-front visibility, and basement storage, available June 2027.

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Flexible Salon and Office Property
Flexible Salon and Office Property

312 W Wood St, Urbana, IA 52345

$120,000
1,680 sqft

Salon-ready interior with multiple private spaces and an attached, fully rented one-bedroom apartment.

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93-Unit Senior Housing Community
93-Unit Senior Housing Community

315 Walnut St, Waterloo, IA 50703

$3,200,000
1.16 AC lot

Well-maintained 93-unit senior housing community in downtown Waterloo, Iowa, offered for sale with pro-forma available.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Development Land with Utilities
Commercial Development Land with Utilities

N 41st, Bethany, MO 64424

$432,000
16.00 AC lot

16-acre site with row crop, grass, trees, and three-phase electricity along the west side near an I-35 interchange.

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Prime Commercial Lots in Marion
Prime Commercial Lots in Marion

772 35th Street, Marion, IA 52302

$550,445

Shovel-ready commercial lots in Marion's retail corridor.

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Excelsior Springs Land Development Opportunity
Excelsior Springs Land Development Opportunity

Meadowlark Lane, Excelsior Springs, MO 64024

$722,661
4.20 AC lot

4.2 acre commercial land near hospital district in Excelsior Springs.

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Prime Vacant Land in Janesville
Prime Vacant Land in Janesville

200 E North Street, Janesville, MN 56048

$425,000
3.00 AC lot

Three-acre vacant parcel ideal for development in Janesville, Minnesota.

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Off-Market Properties in Des Moines, IA

Consider similar Off-Market properties in Des Moines, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1330 2nd Ave
MEDICAL BUILDING

1330 2nd Ave, Des Moines, IA 50314-3401

Value Estimation by Request
2,394 sqft 0.19 AC lot
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2505 Wedgewood Rd
MEDICAL BUILDING

2505 Wedgewood Rd, Des Moines, IA 50317-6027

Value Estimation by Request
2,640 sqft 0.71 AC lot
View details
1201 Pennsylvania Ave
MEDICAL BUILDING

1201 Pennsylvania Ave, Des Moines, IA 50316-2339

$4,630,000
Estimated value
6,626 sqft 1.25 AC lot
View details
619 Euclid Ave
MEDICAL BUILDING

619 Euclid Ave, Des Moines, IA 50313-4111

Value Estimation by Request
2,276 sqft 0.15 AC lot
View details
5608 9th St
HOMES (RETIRED, NURSING)

5608 9th St, Des Moines, IA 50315-5003

$5,750,000
Estimated value
28,912 sqft 1.86 AC lot
View details
2525 Euclid Ave
MEDICAL BUILDING

2525 Euclid Ave, Des Moines, IA 50317-6045

Value Estimation by Request
7,687 sqft 1.25 AC lot
View details
4401 9th St
MEDICAL BUILDING

4401 9th St, Des Moines, IA 50315-3909

Value Estimation by Request
4,374 sqft 0.54 AC lot
View details
2940 Ingersoll Ave
MEDICAL BUILDING

2940 Ingersoll Ave, Des Moines, IA 50312-4015

$805,000
Estimated value
5,332 sqft 0.27 AC lot
View details
850 Dickman Rd
MEDICAL BUILDING

850 Dickman Rd, Des Moines, IA 50315

$8,420,000
Estimated value
25,764 sqft 4.73 AC lot
View details
717 Lyon St
MEDICAL BUILDING

717 Lyon St, Des Moines, IA 50309-5458

$2,610,000
Estimated value
14,380 sqft 2.46 AC lot
View details
3836 Beaver Ave
MEDICAL BUILDING

3836 Beaver Ave, Des Moines, IA 50310-3633

Value Estimation by Request
2,413 sqft 0.69 AC lot
View details
4919 Douglas Ave
MEDICAL BUILDING

4919 Douglas Ave, Des Moines, IA 50310-2775

Value Estimation by Request
8,460 sqft 1.46 AC lot
View details
621 Euclid Ave
MEDICAL BUILDING

621 Euclid Ave, Des Moines, IA 50313-4111

Value Estimation by Request
3,438 sqft 0.12 AC lot
View details
4730 9th St
MEDICAL BUILDING

4730 9th St, Des Moines, IA 50315-3973

Value Estimation by Request
4,160 sqft 0.58 AC lot
View details
95 University Ave
MEDICAL BUILDING

95 University Ave, Des Moines, IA 50314-3120

$2,925,000
Estimated value
39,672 sqft 2.55 AC lot
View details
1200 Williams St
HOMES (RETIRED, NURSING)

1200 Williams St, Des Moines, IA 50317-6846

Value Estimation by Request
3,537 sqft 0.38 AC lot
View details
600 Euclid Ave
MEDICAL BUILDING

600 Euclid Ave, Des Moines, IA 50313-4557

Value Estimation by Request
2,880 sqft 0.15 AC lot
View details
4020 Merle Hay Rd
MEDICAL BUILDING

4020 Merle Hay Rd, Des Moines, IA 50310-1310

$6,010,000
Estimated value
12,987 sqft 1.40 AC lot
View details
1540 High St, Unit 203
MEDICAL BUILDING

1540 High St, Des Moines, IA 50309-3106

Unit 203
$1,190,000
Estimated value
13,864 sqft 0.52 AC lot
View details
4119 9th St
MEDICAL BUILDING

4119 9th St, Des Moines, IA 50315-3466

$985,000
Estimated value
4,405 sqft 0.46 AC lot
View details
7481 Us Hwy 69
MEDICAL BUILDING

7481 Us Hwy 69, Des Moines, IA 50320

Value Estimation by Request
12,697 sqft 1.52 AC lot
View details
1530 Euclid Ave
MEDICAL BUILDING

1530 Euclid Ave, Des Moines, IA 50313-4726

$1,590,000
Estimated value
9,608 sqft 1.07 AC lot
View details
6100 9th St
MEDICAL BUILDING

6100 9th St, Des Moines, IA 50315-5013

$645,000
Estimated value
4,078 sqft 0.35 AC lot
View details

Des Moines, IA Healthcare Properties Market Trends and Statistics

Explore 72 healthcare properties for sale in Des Moines, IA on our real estate platform. These investment opportunities span a total of 66,400 square feet of properties for sale, with an estimated market value of $2,200,000.

Sale prices for medical real estate in Des Moines, IA start at $2,200,000, averaging $2,200,000, and reaching up to $2,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Medical centers 3
Senior Housing / Retirement Homes 2
Medical space 1

Demographics Overview

Population 306K
Population Growth (5Y) +2.6%
Median Household Income $80,154
College Educated 12.6%

High-Yield Neighborhoods for Investment

Identify Des Moines submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
50310 $1.9M

Taxes & Financing

Tax Rate (average for all types) 3.09%
Property Tax per SF $42.10 per SF
Tax Rate vs County Average 0.49 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Polk County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Des Moines fall within the 100,000+ square foot range.

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