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Flex Space with Office Areas
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1495 Keo Way, Des Moines, IA 50314

CommercialSale, Des Moines, IA

Property SizeContact for details
Lot Size0.14 Acres
Days on Market18

Property Features for 1495 Keo Way

General Information

Property type Commercial Sale
Property subtype Other
Zoning RX1
Lot features Rectangular Lot
Directions I-235 to Keo Way exit, turn north
Subdivision Downtown
Standard status Active
APN 030/03181-000-000
Lot size 0.14 Acres

Taxes and HOA fees

Tax Description LOT 141 KEOSAUQUA WAY PLAT 4
Legal Description LOT 141 KEOSAUQUA WAY PLAT 4

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1924
Building materials Brick, Block
Listing Agency: Developers Realty Group LLC
Listed By: Dorrance Brezina · License #B09260
Added: Aug 6 Changed: Aug 19 Last Checked: Aug 23 at 1:06PM
MLS# 746750

Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex space building combines office and warehouse components across three floors. The second level contains multiple offices and an overhead door, while the first floor has three overhead doors. The third floor is finished for storage use only. Construction includes brick and block, with forced-air heating, natural-gas service, central air conditioning, public water, and public sewer. The building was constructed in 1924 and contains 11,000 finished sq ft on a 0.14-acre lot. RX1 zoning applies to the property. The site is next to KURTZ hardware in Des Moines.

Key Highlights

  • 11,000 finished sq ft on a 0.14‑acre lot
  • First floor includes 3 overhead doors
  • Second floor has multiple offices and an overhead door

Property Analytics

Current Use

Flex space

Location Intelligence

Trade Area within ½ mile

914
Businesses Nearby
Balanced
Demand for This Use

Demographics for 50314, IA

11,764
Population
4,780
Households
2.5
Avg Household Size
31
Median Age
15%
College-Educated
72%
High-School Grad
2.5 sq mi
ZIP Area
4,706
Density / Sq Mi
$38,511
Median Household Income
$30,314
Median Earnings
$977
Median Rent
$146,700
Median Home Value

Market

Vacancy Rate% for Office in Des Moines, IA

15.9% 2023
20% 2024
16.8% 2025
Rey
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Similar Off Market Nearby

  • The Tangerine Food Company 900 Keosauqua Way #131, Des Moines, IA 50309
  • Valley Services Inc 944 18th St, Des Moines, IA 50314
  • Jambo African Cuisine 1139 24th St, Des Moines, IA 50311
  • Iowa’s Premier Beer, Wine & Food Expo 713 3rd St, Des Moines, IA 50309

Frequently Asked Questions

What type of property is this?
Flex space - Brick-and-block building includes multiple offices, overhead doors, central air, and public utilities.
Where is this flex space located?
The property is located at 1495 Keo Way Des Moines, IA.
What are key features of this property?
This property features: 11,000 finished sq ft on a 0.14‑acre lot; First floor includes 3 overhead doors; Second floor has multiple offices and an overhead door
More about this property
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