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1350 Martin Luther King Jr Pkwy, Des Moines, IA 50309

Commercial land site in a lake and downtown recreation area with utilities already in place and traffic count of 15,000 vpd.

Space SizeContact for details
Lot Size10.95 Acres
Days on Market2220

Property Features for 1350 Martin Luther King Jr Pkwy

General Information

Standard status Active
Lot size 10.95 Acres
Property subtype LAND
Zoning PUD

Site & Location

Neighborhood Downtown Des Moines
Traffic Count 15,000 vehicles/day
Utilities to Site Yes

Spaces For Lease

at 1350 Martin Luther King Jr Pkwy
Gray's Landing Commercial Sites Available AVAILABLE, Now
Type LAND
Rate Contact for pricing
Sublease No
The Gray’s Landing neighborhood provides a convenient location amongst area parks, walking and biking trails, Gray’s Lake recreation and downtown entertainment and attractions all within walking distance or a short drive. Utilities in-place Traffic count of 15,000 vpd. PUD Zoning Lease rate is negotiable.
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Listing Agency: CBRE
Listed By: Bill Wright · License #S33231000
Source: Moodyscre
Added: Sep 29, 2020 Changed: Oct 25 Last Checked: Oct 26 at 8:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE

Rey
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Investment Insights

Based on property information with market context.

This commercial land offering includes utilities already in place, making the site ready for development planning. The property is available for lease, with the lease rate listed as negotiable.

The site is located in the Gray’s Landing neighborhood, described as convenient to area parks, walking and biking trails, Gray’s Lake recreation, and downtown entertainment and attractions, either within walking distance or a short drive. Public remarks also reference a traffic count of 15,000 vehicles per day.

The property is identified with PUD zoning.

Key Highlights

  • Commercial land site in the Gray’s Landing area near Gray’s Lake recreation and downtown entertainment attractions
  • Utilities already in place
  • Traffic count of 15,000 vpd

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Furniture & Home Goods HVAC Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

15,000 VPD
Traffic count
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,545
Businesses Nearby

Demographics for 50309, IA

9,532
Population
7,562
Households
1.3
Avg Household Size
30
Median Age
67%
College-Educated
96%
High-School Grad
2.7 sq mi
ZIP Area
3,530
Density / Sq Mi
$57,974
Median Household Income
$52,775
Median Earnings
$1,166
Median Rent
$286,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land site in a lake and downtown recreation area with utilities already in place and traffic count of 15,000 vpd.
Where is this commercial land located?
The property is located at 1350 Martin Luther King Jr Pkwy Des Moines, IA.
What are key features of this property?
This property features: Commercial land site in the Gray’s Landing area near Gray’s Lake recreation and downtown entertainment attractions; Utilities already in place; Traffic count of 15,000 vpd
(515) 210-3050 Call to check price and availability
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