Highly Visible Commercial
For Sale
Contact for pricing
116 5th Street St, West Des Moines, IA 50265
Commercial space in Historic Valley Junction with a flexible layout and frontage serving both vehicle and pedestrian traffic.
Property Size1,712 SF
Days on Market177
Property Features for 116 5th Street St
General Information
Standard status
Active
Size
1,712 SF
Property subtype
Commercial
Listing Agency:
Stanbrough Realty Company
Listed By:
Andrew McCune (515) 334-3345 · License #S64937000
(515) 402-1642
Source:
Desmoineshomesforsale
Added: Apr 30
Changed: Oct 1
Last Checked: Oct 20 at 10:17PM
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 Stanbrough Realty Company
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Investment Insights
Based on property information with market context.
Located at 116 5th Street in West Des Moines, this highly visible commercial space offers a flexible interior layout totaling approximately 1,700 square feet. The space is suitable for a range of tenants, including retail, office, service, or specialty commercial users.
The property is positioned in the heart of Historic Valley Junction along a retail and entertainment corridor, with exposure to both vehicle and pedestrian traffic. Surrounding the property are locally owned shops, restaurants, breweries, and year-round community events.
For buyers or operators seeking a centrally located setting within a recognizable district, the layout and positioning support multiple business types while maintaining a consistent streetscape presence in Historic Valley Junction.
The property is positioned in the heart of Historic Valley Junction along a retail and entertainment corridor, with exposure to both vehicle and pedestrian traffic. Surrounding the property are locally owned shops, restaurants, breweries, and year-round community events.
For buyers or operators seeking a centrally located setting within a recognizable district, the layout and positioning support multiple business types while maintaining a consistent streetscape presence in Historic Valley Junction.
Key Highlights
- 1,700 SF commercial space at 116 5th Street in Historic Valley Junction
- Highly visible location along a major Des Moines metro retail and entertainment corridor
- Frontage serving both vehicle and pedestrian traffic
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,790
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,800
$315.8K
Cap Rate 7%
$225,571
$225.6K
Cap Rate 9%
$175,444
$175.4K
Market Conditions
NOI Build-Up for 1,712 SF
Gross rent
$24.7K $14.40/SF
− Vacancy
−$2.1K −$1.22/SF
EGI
$22.6K $13.18/SF
− OpEx
−$6.8K −$3.95/SF
NOI
$15.8K $9.22/SF
Area
Polk County, IA
Vacancy
8.50%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,800
Cap Rate 7%
$225,571
Cap Rate 9%
$175,444
Alternative Uses
Best Use
Retail
$225.6K
$197.4K – $263.2K
NOI $15,790 @ 7.0% cap · market cap 1,579,000.00%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$1.65M
$1.44M – $1.92M
NOI $115,361 @ 7.0% cap · market cap 11,536,100.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
529
Businesses Nearby
Explore this area
Business Placement
Demographics for 50265, IA
32,187
Population
15,104
Households
2.1
Avg Household Size
38
Median Age
48%
College-Educated
95%
High-School Grad
19.3 sq mi
ZIP Area
1,668
Density / Sq Mi
$84,588
Median Household Income
$49,785
Median Earnings
$1,065
Median Rent
$267,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Commercial space in Historic Valley Junction with a flexible layout and frontage serving both vehicle and pedestrian traffic.
Where is this retail space located?
The property is located at 116 5th Street St West Des Moines, IA.
What are key features of this property?
This property features: 1,700 SF commercial space at 116 5th Street in Historic Valley Junction; Highly visible location along a major Des Moines metro retail and entertainment corridor; Frontage serving both vehicle and pedestrian traffic
