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    4570 University Ave West Des Moines, IA 50266

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    For Lease
    $2,385,000

    Turn-key restaurant space available for lease or sale.

    Property size:
    6,916 SF
    Lot size:
    1.68 Acres

    Property Features for 4570 University Ave

    General Information

    Size
    6,916 SF
    Lot size
    1.68 Acres

    Source: CBRE Agent Bill Wright

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

    Overview

    Restaurant Space on University Avenue

    This 6,916 square foot standalone restaurant is available for sale or lease. The property is located on University Avenue in West Des Moines, Iowa, a thoroughfare with a mix of businesses, restaurants, shopping centers, and residential areas. The property is fully equipped with fixtures and equipment, presenting a turn-key opportunity for restaurant owners.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    El Muchacho Alegre Mexican Restaurant

    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
    West Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.767762
    Latitude
    41.5997218

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    FAQs

    What type of property is this?
    Restaurant - Turn-key restaurant space available for lease or sale.
    Where is this restaurant located?
    The property is located at 4570 University Ave West Des Moines, IA.
    What are key features of this property?
    This property features: - Turn-key restaurant opportunity with all fixtures and equipment included.; - High-visibility location on University Avenue, a major thoroughfare.; - Standalone building with 6,916 square feet of space.
    (515) 210-3050
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    4570 University Ave West Des Moines, IA 50266
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    West Des Moines, IA 50266
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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
    4570 University Ave West Des Moines, IA 50266
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