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    1163 24Th St Des Moines, IA 50311

    For Lease
    $650 /Mo ($1.50 SF/Yr)

    Flexible office space in a beautifully restored historic building.

    Property size:
    5,198 SF
    Lot size:
    5,198 SF

    Property Features for 1163 24Th St

    General Information

    Size
    5,198 SF

    Building Details

    Year built
    1890

    Source: Kara Kelso Agent Kara Kelso

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

    Overview

    Restored Historic Building Office Space

    This beautifully restored historic building offers flexible office space suitable for small businesses, creative professionals, and entrepreneurs. It is located in the heart of the Drake neighborhood.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tran Stephie Attorney Alan Christiansen Architects Architect

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6494822
    Latitude
    41.5999613

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    FAQs

    What type of property is this?
    Office space - Flexible office space in a beautifully restored historic building.
    Where is this office space located?
    The property is located at 1163 24Th St Des Moines, IA.
    What is the lease rate?
    The lease rate is $1.50 SF/Yr.
    What are key features of this property?
    This property features: - Located in the heart of the Drake neighborhood; - Beautifully restored historic building; - Flexible office space
    (319) 759-5430
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    1163 24Th St Des Moines, IA 50311
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    Des Moines, IA 50311
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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
    1163 24Th St Des Moines, IA 50311
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