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    1433 Walnut St Des Moines, IA 50309

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    For Sale
    $1,395,000

    Recently renovated retail property in Des Moines' Western Gateway area.

    Property size:
    5,628 SF
    Lot size:
    0.19 Acres

    Property Features for 1433 Walnut St

    General Information

    Size
    5,628 SF
    Lot size
    0.19 Acres

    Source: Cushman & Wakefield Agent Ryan Fitzpatrick

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

    Overview

    Renovated Retail Space in Des Moines

    This retail property, recently renovated in 2020, is situated in the Western Gateway area of downtown Des Moines. The property offers 5,628 square feet of space and is located within walking distance of Exile Brewing Company. Its location also provides close proximity to public transportation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gigi's Pilates Studio Pilates Studio Elevate Health Mental Health Service Teehee's Comedy Club Comedy Club

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness 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
    -93.5956981
    Latitude
    41.59134

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    FAQs

    What type of property is this?
    Retail space - Recently renovated retail property in Des Moines' Western Gateway area.
    Where is this retail space located?
    The property is located at 1433 Walnut St Des Moines, IA.
    What is the asking price?
    The asking price for this property is $1,395,000.
    What are key features of this property?
    This property features: - Recently renovated 2020; - Part of the Western Gateway area of downtown Des Moines; - Walking distance to Exile Brewing Company
    (319) 431-1898
    Request Owner's contact information
    1433 Walnut St Des Moines, IA 50309
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    Des Moines, IA 50309
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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
    1433 Walnut St Des Moines, IA 50309
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