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    2120 Ingersoll Ave Des Moines, IA 50312

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    For Lease
    $33 SF/Yr ($15,114 /Mo)

    5,496 SF building suitable for office, retail, or restaurant.

    Property size:
    5,496 SF
    Lot size:
    0.44 Acres

    Property Features for 2120 Ingersoll Ave

    General Information

    Size
    5,496 SF
    Lot size
    0.44 Acres

    Source: Denny Elwell Company Agent Carson Hughes

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

    Overview

    Two-Story Building on Corner Lot

    This two-story building offers 5,496 square feet of space and features an attractive architectural design with high-end finishes. The property is located in a prime location with downtown views and excellent visibility on the corner of Ingersoll Avenue and Martin Luther King Jr. Parkway, benefiting from high traffic counts. It presents an ideal opportunity for a professional office, retail space, or restaurant. The building was formerly a restaurant and includes two 5,000-gallon grease interceptors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Law Firm 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
    -93.6453251
    Latitude
    41.5854519

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    FAQs

    What type of property is this?
    Office building - 5,496 SF building suitable for office, retail, or restaurant.
    Where is this office building located?
    The property is located at 2120 Ingersoll Ave Des Moines, IA.
    What is the lease rate?
    The lease rate is $33 SF/Yr.
    What are key features of this property?
    This property features: - Prime Location with Downtown Views; - Excellent Visibility on the Corner of Ingersoll Ave and Martin Luther King Jr. Pkwy; - High Traffic Counts
    (515) 964-1587
    Request Owner's contact information
    2120 Ingersoll Ave Des Moines, IA 50312
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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
    2120 Ingersoll Ave Des Moines, IA 50312
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