Built-Out Retail Suite with
For Sale
Contact for pricing
4930 Se 14th St, Des Moines, IA 50320
Former tanning salon space offers a reception area, restroom, storage, and 24 built-out suites for flexible retail uses.
Property Size2,844 SF
Price / SF$0.01
Days on Market244
Property Features for 4930 Se 14th St
General Information
Standard status
Active
Size
2,844 SF
Property subtype
Commercial
Site & Location
Neighborhood
South Park
Additional Details
Office Units
24
Listing Agency:
Stanbrough Realty Company
Listed By:
Andrew McCune (515) 334-3345 · License #S64937000
(515) 402-1642
Source:
Desmoineshomesforsale
Added: Feb 22
Changed: Oct 21
Last Checked: Oct 23 at 7:10AM
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 Stanbrough Realty Company
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Investment Insights
Based on property information with market context.
This built-out retail space was previously used as a tanning salon and includes a reception area, restroom, and storage room. The interior configuration also features 24 individual suites, allowing for multiple small tenant or user setups within a single retail shell.
The property is located on a hard corner, across the street from Wal-Mart and in front of Home Depot, positioning the space along a strong retail frontage environment. The site’s cross-street, corner placement supports easy customer orientation.
With its suite-style layout and existing front reception, this property can be a practical fit for operators seeking multiple room/suite configurations under one roof. The combination of common support areas (reception, restroom, and storage) and numerous individual suites may work well for businesses that require separate rooms or defined spaces within a retail setting.
The property is located on a hard corner, across the street from Wal-Mart and in front of Home Depot, positioning the space along a strong retail frontage environment. The site’s cross-street, corner placement supports easy customer orientation.
With its suite-style layout and existing front reception, this property can be a practical fit for operators seeking multiple room/suite configurations under one roof. The combination of common support areas (reception, restroom, and storage) and numerous individual suites may work well for businesses that require separate rooms or defined spaces within a retail setting.
Key Highlights
- Former tanning salon space with reception area, restroom, and storage room
- 24 individual built‑out suites within 2,844 SF
- Hard corner location across the street from Wal‑Mart and in front of Home Depot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,622
Suggested Prices Based on Cap Rates
Cap Rate 5%
$552,440
$552.4K
Cap Rate 7%
$394,600
$394.6K
Cap Rate 9%
$306,911
$306.9K
Market Conditions
NOI Build-Up for 2,844 SF
Gross rent
$42.7K $15.00/SF
− Vacancy
−$3.2K −$1.13/SF
EGI
$39.5K $13.88/SF
− OpEx
−$11.8K −$4.16/SF
NOI
$27.6K $9.71/SF
Area
Des Moines, IA
Vacancy
7.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$552,440
Cap Rate 7%
$394,600
Cap Rate 9%
$306,911
Alternative Uses
Best Use
Retail
$394.6K
$345.3K – $460.4K
NOI $27,622 @ 7.0% cap · market cap 145,378.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$700.4K
$612.9K – $817.2K
NOI $49,030 @ 7.0% cap · market cap 258,052.63%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
24
Office units
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 50320, IA
23,369
Population
9,317
Households
2.5
Avg Household Size
34
Median Age
24%
College-Educated
86%
High-School Grad
16.8 sq mi
ZIP Area
1,391
Density / Sq Mi
$83,710
Median Household Income
$44,418
Median Earnings
$1,110
Median Rent
$207,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Des Moines, IA
Frequently Asked Questions
What type of property is this?
Storefront property - Former tanning salon space offers a reception area, restroom, storage, and 24 built-out suites for flexible retail uses.
Where is this storefront property located?
The property is located at 4930 Se 14th St Des Moines, IA.
What are key features of this property?
This property features: Former tanning salon space with reception area, restroom, and storage room; 24 individual built‑out suites within 2,844 SF; Hard corner location across the street from Wal‑Mart and in front of Home Depot
