Remodeled Class A Office
1000 73rd St West Des Moines, IA
1000 73rd St, West Des Moines, IA, 00000
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For Sale
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Class A office space remodeled in 2022, great location.
Property Size3,550 SF
Lot Size3.32 Acres
Price / SF$157.75
Days on Market276
Property Features for 1000 73rd St
General Information
- Standard status
- Active
- Size
- 3,550 SF
- Lot size
- 3.32 Acres
- Property subtype
- OFFICE
Listing Agency
Alpha One Commercial Real Estate
(515) 321-3812
Listed by
Julie Brown · License #F05576000
(515) 321-3812
Source
Moodyscre
Added: Oct 15, 2025 Checked: Jul 17 at 5:44 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alpha One Commercial Real Estate
Investment Insights
Based on property information with market context.
This class A office space, remodeled in 2022, offers a reception area, two conference rooms, private offices, and a break room. The property is conveniently located off I-235 and close to many amenities. It presents a great opportunity for an owner-user or as an investment. The property size is 3550 square feet.
Key Highlights
- Class A office space, remodeled in 2022 with a modern and updated feel.
- Convenient location off I‑235 providing easy access for clients and employees.
- Functional layout includes a reception area, 2 conference rooms, private offices, and a break room.
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 | $78.0k | $21.96 |
| − Vacancy | −$15.6k | −$4.39 |
| EGI | $62.4k | $17.57 |
| − OpEx | −$15.6k | −$4.39 |
| NOI | $46.8k | $13.18 |
3,550 SF · lease $21.96/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$668.2K
$584.7K – $779.6K
NOI $46,775 @ 7.0% cap · market cap 8.35%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$3.42M
$2.99M – $3.99M
NOI $239,213 @ 7.0% cap · market cap 42.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Class A office space remodeled in 2022, great location.
Where is this office units located?
The property is located at 1000 73rd St West Des Moines, IA.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Class A office space, remodeled in 2022 with a modern and updated feel.; Convenient location off I‑235 providing easy access for clients and employees.; Functional layout includes a reception area, 2 conference rooms, private offices, and a break room.
