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    5100 Grand Ave West Des Moines, IA 50266

    For Sale
    $11,500,000

    LAND - West Des Moines, IA

    Lot size:
    57.00 Acres
    Days on Market:
    174
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 5100 Grand Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R1
    APN
    03028-001-002
    Lot size
    57.00 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Developers Realty Group (515) 278-2741 [email protected]

    Listing agent Dorrance Brezina (515) 817-7294

    Listing date Jun 16, 2025

    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

    Prime Land in West Des Moines

    This 57-acre land parcel is located near the grand entrance to the city of West Des Moines. The property is situated in proximity to several major mixed-use and entertainment projects, including The Grand Experience, a master-planned district between 60th and 88th on Grand Avenue. This development includes an indoor waterpark, hotel(s), a family-entertainment center, conference space, restaurants, retail space, and up to 1,200 residences. An amendment to the PUD in early 2025 removed the conference center and added eight drive-thrus, more apartments, and a new plaza. Infrastructure improvements are ongoing, with Grand Avenue being widened to six lanes with trails and utilities, slated for completion through 2026. The property is also near the Jordan Creek Town Center Expansion, which has recently added a Lego Store, Abercrombie, Urban Outfitters, Dave & Busters, and Top Golf, along with other pad site developments in the last 2 years. Grand Avenue Reconstruction from I-35 to S 60th St involves rebuilding from a 3-lane undivided roadway to a 6-lane divided roadway, plus trails and utility upgrades. The zoning is R1.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Gym & Fitness Accounting Firm Bar & Pub Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    West Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.771736
    Latitude
    41.54012

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    FAQs

    What type of property is this?
    Commercial land - Large land parcel near Grand Avenue development corridor.
    Where is this commercial land located?
    The property is located at 5100 Grand Ave West Des Moines, IA.
    What is the asking price?
    The asking price for this property is $11,500,000.
    What are key features of this property?
    This property features: - Location in the grand entrance to West Des Moines.; - Close proximity to the Grand Experience mixed-use and entertainment district.; - Grand Avenue widening to six lanes with trails/utilities through 2026.
    (515) 817-7294
    Request Owner's contact information
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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
    5100 Grand Ave West Des Moines, IA 50266
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