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    1622 Martin Luther King Pkwy Des Moines, IA 50314

    For Sale
    Contact for pricing

    LAND - Des Moines, IA

    Lot size:
    0.13 Acres
    Days on Market:
    222
    Last Refresh:
    Dec 15 at 5:06 am

    Property Features for 1622 Martin Luther King Pkwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    N5
    APN
    7924-33-256-051
    Lot size
    0.13 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    RE/MAX Precision (515) 223-9492 [email protected]

    Listing agent Medina Rahmanovic (515) 223-9492

    Listing date May 8, 2025

    MLS# 717487 Listing URL

    Copyright © 2025 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Des Moines Land Opportunity

    This property presents an opportunity for a new home or investment. The lot size is 0.125 acres. It is located in Des Moines, Iowa, within Polk County. The zoning is N5.
    Location Intelligence

    Current Use by Public Records

    Single family properties

    Map

    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.644024
    Latitude
    41.608449

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    FAQs

    What type of property is this?
    Single family property - Land available in Des Moines for home or investment.
    Where is this single family property located?
    The property is located at 1622 Martin Luther King Pkwy Des Moines, IA.
    What is the asking price?
    The asking price for this property is $22,000.
    What are key features of this property?
    This property features: - Great opportunity for your next home or investment property.; - Public water source; - Public sewer
    (515) 223-9492
    Request Owner's contact information
    1622 Martin Luther King Pkwy Des Moines, IA 50314
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1622 Martin Luther King Pkwy Des Moines, IA 50314
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