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    303 University Ave Des Moines, IA 50314

    For Sale
    $460,000

    Single-story medical office building with University Avenue frontage.

    Property size:
    3,623 SF

    Property Features for 303 University Ave

    General Information

    Size
    3,623 SF

    Building Details

    Year built
    1981

    Source: Kevin Crowley, SIOR Agent Kevin Crowley, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Office Building For Sale

    This single-story medical office building, constructed in 1981 and renovated in 2004, offers 3,623 square feet of space. The property features frontage on University Avenue, which sees approximately 16,000 vehicles per day. It is situated just north of the Mercy Medical Campus in downtown Des Moines.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    University Ob/Gyn Obstetrician-Gynecologist Roach Sheri Nurse Practitioner Sherryl L. Link, ... Nurse Practitioner

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    All-Pets Hospital: Berge Kathy DVM

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6219334
    Latitude
    41.6006751

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    FAQs

    What type of property is this?
    Medical office - Single-story medical office building with University Avenue frontage.
    Where is this medical office located?
    The property is located at 303 University Ave Des Moines, IA.
    What is the asking price?
    The asking price for this property is $460,000.
    What are key features of this property?
    This property features: - Located just north of the Mercy Medical Campus; - Single-story medical office building; - 3,623 square feet of area
    (515) 991-7000
    Request Owner's contact information
    303 University Ave Des Moines, IA 50314
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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
    303 University Ave Des Moines, IA 50314
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