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West Des Moines Commercial Property

101 Ashworth Road West Des Moines, IA 50265

101 Ashworth Road, West Des Moines, IA, 50265
$1,200,000
For Sale
Claim this Listing
$1,200,000

6,718 SF commercial property with showroom and warehouse space.

Property Size6,718 SF
Lot Size0.64 Acres
Price / SF$178.62
AddedAug 7, 2025
Days on Market343
Last RefreshJun 29 at 10:15 pm

Property Features for 101 Ashworth Road

General Information

Standard status
Active
Size
6,718 SF
Lot size
0.64 Acres
Property subtype
IND

Listing office KW Commercial Greater Des Moines

Listing date Aug 7, 2025

Source Realnex

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 KW Commercial Greater Des Moines


Investment Insights

Based on property information with market context.

The property at 101 Ashworth Road in West Des Moines, Iowa, features a 6,718 square foot building with office, showroom, and warehouse space. The building also includes 3 drive-in doors and 904 square feet of tuck-under storage. The property is zoned CMC (Community Commercial District) and is situated on a 0.642-acre lot.

Key Highlights

  • 6,718 sq ft of office, showroom, and warehouse space
  • Zoned CMC (Community Commercial District)
  • 0.642 acre property size

Local Financial Insights For Retail

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 $96.7k $14.40
− Vacancy −$8.2k −$1.22
EGI $88.5k $13.18
− OpEx −$26.6k −$3.95
NOI $62.0k $9.22
6,718 SF · lease $14.40/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Warehouse
$5.41M
$4.73M – $6.31M (±1% cap)
NOI $378,661 @ 7.0% cap · market cap 31.56%
Second Best
Retail
$885.2K
$774.5K – $1.03M (±1% cap)
NOI $61,961 @ 7.0% cap · market cap 5.16%
Theoretical Best
Flex RnD
$6.47M
$5.66M – $7.54M (±1% cap)
NOI $452,686 @ 7.0% cap · market cap 37.72%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Glen-Gery Des Moines ... Building Supply Sani Enterprise Corporate Office UNA HOMES LLC Construction Company

Suggested Use

Real Estate Agency Restaurant Auto Repair Shop Dental Office Big Box & Wholesale Store Building Supply Auto Parts Store Law Firm Nail Salon Pharmacy

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

Similar Off Market Nearby

  • StorageMart — 139 sw 63rd st, des moines, ia 50312
  • PLS Investments — 950 Office Park Rd, West Des Moines, IA 50265
  • Budget Storage Rental Spaces — 139 SW 63rd St, Des Moines, IA 50312
  • Self-Storage at U-Haul — 101 63rd St, Des Moines, IA 50312
  • StorageMart — 141 SW 63rd St, Des Moines, IA 50312

FAQs

What type of property is this?
Warehouse - 6,718 SF commercial property with showroom and warehouse space.
Where is this warehouse located?
The property is located at 101 Ashworth Road West Des Moines, IA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 6,718 sq ft of office, showroom, and warehouse space; Zoned CMC (Community Commercial District); 0.642 acre property size
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