Mixed-Use Zoned Redevelopment
2740 SE 14th St Des Moines, IA 50315
For Sale
Contact for pricing
Commercial land with a 1,008 SF structure, direct ingress/egress from a major thoroughfare, and MX3-V mixed-use zoning.
Property Size1,008 SF
Lot Size1.47 Acres
Price / SF$318.35
Days on Market423
Property Features for 2740 SE 14th St
General Information
Standard status
Active
Size
1,008 SF
Lot size
1.47 Acres
Property subtype
LAND
Listing Agency:
CBRE
(515) 229-2313
Listed By:
Mike Macri III
(515) 229-2313
Source:
Moodyscre
Added: Jun 2, 2025
Changed: Jul 25
Last Checked: Jul 28 at 3:13PM
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
Investment Insights
Based on property information with market context.
Located at 2740 SE 14th St, Des Moines, IA 50315, this 1.473-acre property includes an existing 1,008 SF structure and is positioned for redevelopment. The site is described as well suited for retail, office, or service-based businesses, with MX3-V Mixed Use District zoning supporting a broad range of commercial uses.
The property offers visibility and access along SE 14th Street, listed at approximately 31,800 VPD. Ingress and egress are provided directly from SE 14th Street. Surrounding development includes nearby retail, dining, and residential projects within a growing commercial district.
For buyers or operators looking for a flexible, mixed-use zoned redevelopment site with frontage on a high-traffic corridor and an on-site structure, this offering provides a straightforward starting point.
The property offers visibility and access along SE 14th Street, listed at approximately 31,800 VPD. Ingress and egress are provided directly from SE 14th Street. Surrounding development includes nearby retail, dining, and residential projects within a growing commercial district.
For buyers or operators looking for a flexible, mixed-use zoned redevelopment site with frontage on a high-traffic corridor and an on-site structure, this offering provides a straightforward starting point.
Key Highlights
- 1.473‑acre commercial property on SE 14th Street with 31,800 VPD traffic count
- Direct ingress and egress from SE 14th Street
- Includes a 1,008 SF structure on‑site
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.1k | $15.00 |
| − Vacancy | −$1.1k | −$1.13 |
| EGI | $14.0k | $13.88 |
| − OpEx | −$4.2k | −$4.16 |
| NOI | $9.8k | $9.71 |
1,008 SF · lease $15.00/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$139.9K
$122.4K – $163.2K
NOI $9,790 @ 7.0% cap · market cap 3.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$248.3K
$217.2K – $289.6K
NOI $17,378 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land with a 1,008 SF structure, direct ingress/egress from a major thoroughfare, and MX3-V mixed-use zoning.
Where is this commercial land located?
The property is located at 2740 SE 14th St Des Moines, IA.
What is the asking price?
The asking price for this property is $320,900.
What are key features of this property?
This property features: 1.473‑acre commercial property on SE 14th Street with 31,800 VPD traffic count; Direct ingress and egress from SE 14th Street; Includes a 1,008 SF structure on‑site
