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    2545 E Euclid Ave Des Moines, IA 50317

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    For Lease
    $8 SF/Yr ($2,244 /Mo)

    Retail property with direct access to I-235 and ample parking.

    Property size:
    3,366 SF
    Lot size:
    3.00 Acres

    Property Features for 2545 E Euclid Ave

    General Information

    Size
    3,366 SF
    Lot size
    3.00 Acres

    Source: Knapp Properties, L.C. Agent Korey Birkenholtz

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

    Overview

    Retail Space Near Interstate 235

    This retail property offers direct access to I-235 and is less than 2 miles from the Northeast Mixmaster (Interstate 80/35/235). The property benefits from local ownership and responsive property management. It is located minutes from the growing areas of Ankeny, Altoona, and the East Village/Downtown area. The property features ample parking and is located directly across from Hy-Vee. It is also less than 5 miles from the Outlets of Des Moines and Adventureland. The anchor tenant is Walgreens. The property offers 3366 square feet of retail space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Walgreens Pharmacy Pharmacy Optimum Chiropractic Des ... Chiropractor FedEx OnSite Mailing Service Darrius Poe Chiropractor LibertyX Bitcoin ATM Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.5687157
    Latitude
    41.6270005

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    FAQs

    What type of property is this?
    Strip mall - Retail property with direct access to I-235 and ample parking.
    Where is this strip mall located?
    The property is located at 2545 E Euclid Ave Des Moines, IA.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Direct access to I-235; - Walgreens anchor tenant; - Ample parking available
    (515) 480-6596
    Request Owner's contact information
    2545 E Euclid Ave 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
    2545 E Euclid Ave Des Moines, IA 50317
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