Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    West Des Moines Development Land Title is generated by Realmo AI

    SE Corner of S 60th St. & Mills Civic PKWY, West Des Moines, IA 50266

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime commercial land in a high-traffic retail corridor.

    Type:Land
    Property size:
    4 SF
    Added:
    Nov 21, 2025
    Days on Market:
    182
    Last Refresh:
    Apr 5 at 10:44 pm

    Property Features for SE Corner of S 60th St. & Mills Civic PKWY

    General Information

    Standard status
    Active
    Size
    4 SF
    Property subtype
    Land

    We can help!

    Listing Contact
    Tom Hudson
    Tom Hudson

    Listing agent Tom Hudson License #S18121000

    Listing office NAI Iowa Realty Commercial - Des Moines

    Listing date Nov 21, 2025

    Source Naiglobal

    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 NAI Iowa Realty Commercial - Des Moines

    HighLights

    • Prime development land with frontage on Mills Civic Parkway.
    • Located in a high‑traffic retail and commercial corridor (39,100 VPD).
    • Adjacent to Glen Oaks gated community and future Glen Meadows Retirement Community.
    • Close proximity to Jordan Creek Town Center, Iowa's largest mall.
    • Surrounded by major retailers such as REI, The Container Store, Costco, Dick's Sporting Goods, Lowe's, and Scheels.
    • Near major employers including Wells Fargo, IMT Insurance, Athene USA, and Sammons Financial.

    Overview

    This is a prime development land opportunity with frontage along Mills Civic Parkway. It is adjacent to the Glen Oaks gated community and the upcoming Glen Meadows Retirement Community. The property is situated in a busy retail and commercial corridor, across the street from REI and The Container Store, and just west of Iowa's largest mall, Jordan Creek Town Center. Other retailers in the vicinity include Costco, Dick's Sporting Goods, Lowe's, and Scheels. Major employers nearby are Wells Fargo, IMT Insurance, Athene USA, and Sammons Financial. The property is located at the SE Corner of S. 60th St & Mills Civic PKWY. Lot 3, comprising 2.20 acres, is currently available. The zoning is PUD - Support Commercial (SC) District with some restrictions. Traffic counts are approximately 39,100 vehicles per day (Iowa DOT 2016).
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    West Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.7855
    Latitude
    41.5694

    Nearby Similar for Sale

    • $9,500,000

      57 Acres Near Interstate 35

      57 acres with high visibility near Interstate 35.
      5050 Grand Avenue, West Des Moines, IA 50266
      View Details
    • $95,000

      West Des Moines Estate Lot

      Environmentally friendly development with acreage and convenient location.
      5663 SW Maffitt Lake Road, West Des Moines, IA 50265
      View Details
    • $699,900

      West Des Moines Land Opportunity

      3.84 acres of land zoned for multi-family development.
      485 S 19th Street, West Des Moines, IA 50265
      View Details
    • $250,000
      2,623 SF

      Valley Junction Triplex Investment Opportunity

      Triplex in historic Valley Junction, West Des Moines. Great investment.
      317 7th Street, West Des Moines, IA 50265
      View Details
    • $1,295,000
      10,143 SF

      West Des Moines 12-Plex Apartment

      Three-story, 12-unit apartment building in West Des Moines, Iowa.
      800 13th Street, West Des Moines, IA 50265
      View Details
    • $400,000

      West Des Moines Executive Homesite

      Executive homesite in West Des Moines, near Jordan Creek Towncenter.
      1557 Stonewood Drive, West Des Moines, IA 50266
      View Details
    • $575,000
      4,209 SF

      Valley Junction Retail and Office

      Two meticulously maintained buildings with retail and office space.
      324 1st St, West Des Moines, IA 50265
      View Details
    • $1,100,000

      Prime Corner Commercial Land Opportunity

      Two adjacent commercial properties on a prime corner with high visibility.
      104 & 108 1st Street, West Des Moines, IA 50265
      View Details
    • $550,000

      West Des Moines Executive Homesite

      Executive homesite in West Des Moines, near Jordan Creek Towncenter.
      1516 S Timber Lane, West Des Moines, IA 50266
      View Details
    • $320,000

      West Des Moines Land Available

      0.60 acre lot in Woodland Estates executive development.
      Woodland Estates Plat 1 Lot 3 & 1/2 of Lot 2, West Des Moines, IA 50266
      View Details
    • $400,000

      Residential Land in Woodland Estates

      1.15 acre lot in a desirable West Des Moines neighborhood.
      9646 Greybirch Point, West Des Moines, IA 50266
      View Details
    • $2,750,000
      30,450 SF

      West Des Moines Office Building

      Modern office building with ample parking and convenient location.
      1200 12th Street, West Des Moines, IA, 50265
      View Details

    FAQs

    What type of property is this?
    Land - Prime commercial land in a high-traffic retail corridor.
    Where is this land located?
    The property is located at SE Corner of S 60th St. & Mills Civic PKWY West Des Moines, IA.
    What are key features of this property?
    This property features: Prime development land with frontage on Mills Civic Parkway.; Located in a high‑traffic retail and commercial corridor (39,100 VPD).; Adjacent to Glen Oaks gated community and future Glen Meadows Retirement Community.
    (515) 453-5480
    We can help!
    Listing Contact
    Tom Hudson
    Tom Hudson
    Real Estate License ID: S18121000
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    SE Corner of S. 60th St. & Mills Civic PKWY, West Des Moines, IA 50266
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!