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    Des Moines, IA Healthcare Properties for Sale

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    Urbandale, IA Windsor Heights, IA Pleasant Hill, IA
    Retail Mall Redevelopment Opportunity
    $2,200,000
    66,400 SF
    Retail Mall Redevelopment Opportunity

    3850 Merle Hay Rd, Des Moines, IA 50310

    Anchored retail center with indoor, direct access and strong corridor exposure along high-traffic Merle Hay Road.
    • 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
    Updated: Jan 25, 2021
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    Former Office Building with Theater
    $1,600,000
    67,325 SF
    Former Office Building with Theater

    3850 Merle Hay Rd, Des Moines, IA 50310

    Former office building with attached theater, suitable for redevelopment.
    • Direct connection to Merle Hay Mall providing immediate access to grocery, lifestyle, apparel, entertainment, and the bus line.
    • Suitable for Seniors Housing or Multi‑family project.
    • Large 12,400 SF former theater space adaptable for event space, medical facility, dining hall, or additional units.
    • Six (6) floors of 9,000 square foot space each.
    • Impressive Walkability Score of 74.
    Updated: Aug 24, 2020
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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Des Moines, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 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.

    Versatile Commercial Space, Cedar Rapids
    Contact for pricing
    10,013 SF
    Versatile Commercial Space, Cedar Rapids

    7,800+ sq ft commercial space in fast-growing business corridor.

    8806 St. Martin Boulevard, Cedar Rapids, IA 52404

    View details
    Office Building with Healthcare Tenants
    $1,995,000
    17,285 SF
    Office Building with Healthcare Tenants

    Office building for sale with established healthcare tenants.

    5005 Bowling St Sw, Cedar Rapids, IA 52404

    View details
    Independent Senior Living Cooperative Unit
    $120,000
    1,229 SF
    Independent Senior Living Cooperative Unit

    Independent senior living cooperative unit with recent updates and amenities.

    1370 SW Magazine Road #116, Ankeny, IA 50023

    View details
    Ankeny 55+ Community Condo
    $117,500
    750 SF
    Ankeny 55+ Community Condo

    Well-maintained 1 bed, 1 bath condo in vibrant community.

    409 SE Delaware Avenue #207, Ankeny, IA 50021

    View details

    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.

    Bethany Land Near I-35 Interchange
    $432,000
    16.00 Acres
    Bethany Land Near I-35 Interchange

    16-acre commercial property off I-35 with development potential.

    0 N 41st, Bethany, MO 64424

    View details
    Prime Commercial Lots in Marion
    $550,445
    Prime Commercial Lots in Marion

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

    772 35th Street, Marion, IA 52302

    View details
    La Plata Commercial Development Opportunity
    $1,200,000
    40.00 Acres
    La Plata Commercial Development Opportunity

    40+/- acre commercial development with highway, rail, and air connectivity.

    1007 North Brown Street, La Plata, MO 63549

    View details
    San Mateo Atarasquillo Land Opportunity
    Contact for pricing
    San Mateo Atarasquillo Land Opportunity

    270,169.96 sq ft lot ideal for residential and commercial development.

    Elkport, 52044

    View details

    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
    2,394 SF Lot: 0.19 Acres
    Value Estimation by Request

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

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    2505 Wedgewood Rd
    MEDICAL BUILDING
    2,640 SF Lot: 0.71 Acres
    Value Estimation by Request

    2505 Wedgewood Rd, Des Moines, IA 50317-6027

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    1201 Pennsylvania Ave
    MEDICAL BUILDING
    6,626 SF Lot: 1.25 Acres
    Estimated value
    $4,630,000

    1201 Pennsylvania Ave, Des Moines, IA 50316-2339

    View details
    619 Euclid Ave
    MEDICAL BUILDING
    2,276 SF Lot: 0.15 Acres
    Value Estimation by Request

    619 Euclid Ave, Des Moines, IA 50313-4111

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    5608 9th St
    HOMES (RETIRED, NURSING)
    28,912 SF Lot: 1.86 Acres
    Estimated value
    $5,750,000

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

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    2525 Euclid Ave
    MEDICAL BUILDING
    7,687 SF Lot: 1.25 Acres
    Value Estimation by Request

    2525 Euclid Ave, Des Moines, IA 50317-6045

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    4401 9th St
    MEDICAL BUILDING
    4,374 SF Lot: 0.54 Acres
    Value Estimation by Request

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

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    2940 Ingersoll Ave
    MEDICAL BUILDING
    5,332 SF Lot: 0.27 Acres

    2940 Ingersoll Ave, Des Moines, IA 50312-4015

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    850 Dickman Rd
    MEDICAL BUILDING
    25,764 SF Lot: 4.73 Acres
    Estimated value
    $8,420,000

    850 Dickman Rd, Des Moines, IA 50315

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    717 Lyon St
    MEDICAL BUILDING
    14,380 SF Lot: 2.46 Acres
    Estimated value
    $2,610,000

    717 Lyon St, Des Moines, IA 50309-5458

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    3836 Beaver Ave
    MEDICAL BUILDING
    2,413 SF Lot: 0.69 Acres
    Value Estimation by Request

    3836 Beaver Ave, Des Moines, IA 50310-3633

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    4919 Douglas Ave
    MEDICAL BUILDING
    8,460 SF Lot: 1.46 Acres

    4919 Douglas Ave, Des Moines, IA 50310-2775

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    621 Euclid Ave
    MEDICAL BUILDING
    3,438 SF Lot: 0.12 Acres
    Value Estimation by Request

    621 Euclid Ave, Des Moines, IA 50313-4111

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    4730 9th St
    MEDICAL BUILDING
    4,160 SF Lot: 0.58 Acres
    Value Estimation by Request

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

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    95 University Ave
    MEDICAL BUILDING
    39,672 SF Lot: 2.55 Acres
    Estimated value
    $2,925,000

    95 University Ave, Des Moines, IA 50314-3120

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    1200 Williams St
    HOMES (RETIRED, NURSING)
    3,537 SF Lot: 0.38 Acres
    Value Estimation by Request

    1200 Williams St, Des Moines, IA 50317-6846

    View details
    600 Euclid Ave
    MEDICAL BUILDING
    2,880 SF Lot: 0.15 Acres
    Value Estimation by Request

    600 Euclid Ave, Des Moines, IA 50313-4557

    View details
    4020 Merle Hay Rd
    MEDICAL BUILDING
    12,987 SF Lot: 1.40 Acres
    Estimated value
    $6,010,000

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

    View details
    1540 High St, Unit 203
    MEDICAL BUILDING
    13,864 SF Lot: 0.52 Acres
    Estimated value
    $1,190,000
    Unit 203

    1540 High St, Des Moines, IA 50309-3106

    View details
    4119 9th St
    MEDICAL BUILDING
    4,405 SF Lot: 0.46 Acres
    Estimated value
    $985,000

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

    View details
    7481 Us Hwy 69
    MEDICAL BUILDING
    12,697 SF Lot: 1.52 Acres
    Value Estimation by Request

    7481 Us Hwy 69, Des Moines, IA 50320

    View details
    1530 Euclid Ave
    MEDICAL BUILDING
    9,608 SF Lot: 1.07 Acres

    1530 Euclid Ave, Des Moines, IA 50313-4726

    View details

    Des Moines, IA Healthcare Properties Investment Opportunities Market Analysis

    Explore 72 healthcare properties for sale in Des Moines, IA on our real estate platform. These investment opportunities span a total of 133,725 square feet of properties for sale, with an estimated market value of $3,800,000.

    Sale prices for medical real estate in Des Moines, IA start at $1,600,000, averaging $1,900,000, 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.

    List
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    Top Commercial Asset Segments

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

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    50310 $1.6M

    Taxes & Financing

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

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