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    4150 E University Ave Des Moines, IA 50317

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    For Sale
    $225,000

    Two parcels totaling 1.482 acres with development potential.

    Property size:
    1 SF
    Lot size:
    1.48 Acres

    Property Features for 4150 E University Ave

    General Information

    Size
    1 SF
    Lot size
    1.48 Acres

    Source: Matt T. Connolly Agent Matt T. Connolly

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

    Overview

    Land with Development Potential

    The property consists of two parcels totaling 1.482 acres, located at 4150 University Ave and 1207 Williams. The parcels measure 0.844 acres and 0.638 acres respectively. Currently zoned N3A, the zoning allows for minimum 6000 sqft single family lots. An existing 843 SF house is present on the property. The location on University Ave & Williams is one mile east of Pleasant Hill and 2 miles from hwy 65 access. Nearby multifamily developments with NX1 zoning exist, and with a multifamily proposal, relevant zoning changes would be considered by the city. The property offers easily accessible location near the Hwy 5 bi-pass, I-35/80.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -93.5327407
    Latitude
    41.6009377

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    FAQs

    What type of property is this?
    Land - Two parcels totaling 1.482 acres with development potential.
    Where is this land located?
    The property is located at 4150 E University Ave Des Moines, IA.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - 1.482 acres total land area.; - Zoned N3A allowing for minimum 6000 sqft single family lots.; - Potential for zoning changes to multifamily due to nearby multifamily developments and proposals.
    (515) 975-9600
    Request Owner's contact information
    4150 E University Ave Des Moines, IA 50317
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    Des Moines, IA 50317
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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
    4150 E University Ave Des Moines, IA 50317
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