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    2701 Douglas Ave Des Moines, IA 50317

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    For Sale
    $459,558

    Two commercial outlots available with frontage on Douglas Avenue.

    Lot size:
    1.06 Acres

    Property Features for 2701 Douglas Ave

    General Information

    Lot size
    1.06 Acres

    Source: CBRE Agent Bill Wright

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

    Overview

    Commercial Outlots on Douglas Avenue

    Two retail or office commercial outlots are available for sale with frontage on Douglas Avenue. The property, formerly the Plaza Lanes Bowling Center site, is under redevelopment and will be anchored in the rear by Alley Landing, a new two-phase apartment complex. Phase I will consist of 40 apartment units. Lot 1 is 1.055 acres, and Lot 2 is 1.385 acres. The property is zoned MX3 (Mixed Use District) and allows for retail and other related commercial uses. It benefits from high traffic counts, with 22,900 vehicles per day on Douglas Avenue and 17,900 vehicles per day on Martin Luther King Parkway Jr (South).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Great Tree LLC Tree Service

    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
    -93.653559
    Latitude
    41.6286176

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    FAQs

    What type of property is this?
    Commercial land - Two commercial outlots available with frontage on Douglas Avenue.
    Where is this commercial land located?
    The property is located at 2701 Douglas Ave Des Moines, IA.
    What is the asking price?
    The asking price for this property is $459,558.
    What are key features of this property?
    This property features: - High traffic location on Douglas Avenue with 22,900 vehicles passing daily.; - Anchored by a new two-phase apartment complex, Alley Landing.; - Zoned MX3 (Mixed Use District) allowing for retail and other commercial uses.
    (515) 210-3050
    Request Owner's contact information
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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
    2701 Douglas Ave Des Moines, IA 50317
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