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    5020-5034 Park Ave Des Moines, IA 50315

    For Lease
    $9 SF/Yr ($4,625 /Mo)

    6,000 SF industrial space available for lease.

    Property size:
    6,000 SF
    Lot size:
    2.68 Acres

    Property Features for 5020-5034 Park Ave

    General Information

    Size
    6,000 SF
    Lot size
    2.68 Acres

    Source: JLL Agent Austin Hedstrom

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

    Overview

    Industrial Space Available For Lease

    This industrial space offers approximately 6,000 square feet for lease within a larger 32,400 square foot building. The lease rate is $8.00 per square foot NNN, with estimated operating expenses of $3.44 per square foot. The sublease expires on February 29, 2028. The property features one dock and one drive-in door. The clear height within the space is 20 feet. The building is fully equipped with a sprinkler system.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel 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
    -93.6818954
    Latitude
    41.5542675

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    FAQs

    What type of property is this?
    Warehouse - 6,000 SF industrial space available for lease.
    Where is this warehouse located?
    The property is located at 5020-5034 Park Ave Des Moines, IA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Sublease available until February 29, 2028; - **± 6,000 SF available**; - Lease rate of $8.00/SF NNN
    (515) 218-7010
    Request Owner's contact information
    5020-5034 Park Ave Des Moines, IA 50315
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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
    5020-5034 Park Ave Des Moines, IA 50315
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