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One-Story Standalone Office Building

2721 SW 30th Street Des Moines, IA 50321

2721 SW 30th Street, Des Moines, IA, 50321
$590,000
For Sale
Claim this Listing
$590,000

SINGLE_FAMILY - Des Moines, IA

Property Size3,868 SF
Lot Size0.63 Acres
Price / SF$152.53
AddedJun 9
Days on Market36
Last RefreshJul 14 at 2:06 pm

Property Features for 2721 SW 30th Street

General Information

Property type
Residential
Property subtype
Office
Zoning
M-3
Standard status
Active
APN
01006632000000
Lot size
0.63 Acres

Taxes and HOA fees

Tax Description
-EX PARCEL J BOOK 14956 PAGE 232- W 92.5F E 724F & W 118F E 842F S 130F N 7A E 53A SE 1/4 LESS RD SEC 18-78-24
Tax Annual Amount
7620

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public

Building Details

Year built
1968
Building materials
Block, Frame
Architectural style
Other

Listing agent Joseph G. Henry

Listing office Iowa Realty South 200 Army Post Ste. 60, West Des Moines, IA

Listing date Jun 9, 2026

MLS# 742657

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

Standalone one-story office building offering flexible professional space with nine private offices, a reception area, spacious conference room, copy room, and file room with convenient garage door access. The interior also includes a kitchen and three restrooms, including one bathroom with a shower. Exterior parking includes five spaces in front and 26 spaces in the back, with additional room to expand as desired. A new HVAC system was installed in 12/2022.

Located just a few miles from downtown Des Moines, the property is described as near Jasper Winery and Gray’s Lake and within minutes of the Des Moines International Airport. The setting is also noted as being close to parks and trails.

The building is currently used by an accounting firm and is available for ownership or lease.

Key Highlights

  • Standalone one‑story office building with 3,868 SF on 0.625 acres
  • Layout includes 9 private offices, reception area, spacious conference room, copy room, and file room
  • Includes kitchen, 3 restrooms (one with a shower), and convenient file room access via a garage door

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $84.9k $21.96
− Vacancy −$17.0k −$4.39
EGI $68.0k $17.57
− OpEx −$17.0k −$4.39
NOI $51.0k $13.18
3,868 SF · lease $21.96/SF/yr · vacancy 20.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$728.1K
$637.1K – $849.4K (±1% cap)
NOI $50,965 @ 7.0% cap · market cap 8.64%
Second Best
Healthcare Medical
$640.5K
$560.5K – $747.3K (±1% cap)
NOI $44,838 @ 7.0% cap · market cap 7.60%
Theoretical Best
Office A
$952.6K
$833.5K – $1.11M (±1% cap)
NOI $66,683 @ 7.0% cap · market cap 11.30%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

RGE & Associates Accounting Firm Faller Joel C ... Accounting Firm

Suggested Use

Restaurant Real Estate Agency Dental Office Law Firm Auto Repair Shop Building Supply HVAC Service Storage Facility Garden Center Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Standalone one-story office building with nine private offices, reception, conference room, and parking for up to 31 vehicles.
Where is this office building located?
The property is located at 2721 SW 30th Street Des Moines, IA.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Standalone one‑story office building with 3,868 SF on 0.625 acres; Layout includes 9 private offices, reception area, spacious conference room, copy room, and file room; Includes kitchen, 3 restrooms (one with a shower), and convenient file room access via a garage door
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