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    3810 38Th St Des Moines, IA 50310

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    For Sale
    $299,000

    Well-maintained mixed-use building with apartments and office units.

    Property size:
    3,000 SF
    Lot size:
    0.18 Acres

    Property Features for 3810 38Th St

    General Information

    Size
    3,000 SF
    Lot size
    0.18 Acres

    Source: KW Commercial Agent Mick Grossman

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

    Overview

    Mixed-Use Building with Income Potential

    This well-maintained mixed-use building offers approximately 3,000 square feet of space. Constructed in 1960, the property features a total of four units, comprising two upper-level apartments and two main-level office units. The RX1 zoning provides flexibility for various retail or office uses. The property's systems have been updated. Located in central Des Moines, it presents an opportunity for both owner-users and investors seeking affordable space with income potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Professionals Choice Dental Dental Clinic

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -93.6686962
    Latitude
    41.6299677

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    FAQs

    What type of property is this?
    Mixed-use property - Well-maintained mixed-use building with apartments and office units.
    Where is this mixed-use property located?
    The property is located at 3810 38Th St Des Moines, IA.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Central Des Moines location; - ±3,000 SF mixed-use building with four units (2 apartments + 2 offices); - RX1 zoning allows for a variety of retail/office uses
    (515) 771-3299
    Request Owner's contact information
    3810 38Th St Des Moines, IA 50310
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    Des Moines, IA 50310
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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
    3810 38Th St Des Moines, IA 50310
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