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C-2 Zoned Storefront Property

6301 SW 9th Street, Des Moines, IA 50315

For Sale
$499,900

CommercialSale, Retail, Des Moines, IA

Property Size4,000 SF
Lot Size0.30 Acres
Price / SF$124.98
Days on Market30

Property Features for 6301 SW 9th Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning C-2
Directions SW 9th South of Downtown to Lally. Corner of Lally and SW 9th.
Subdivision Des Moines S.West
Standard status Active
APN 12002844003000
Lot size 0.30 Acres

Taxes and HOA fees

Tax Description -EX BEG NW COR LT 6 THN E 16F SWLY TO PT 7F E & 9F S OF NW COR THN S TO S LN LT 8 W 7F N TO POB- LTS 6, 7, 8 & 9 KIMBLE HEIGHTS
Tax Annual Amount 16444
Legal Description -EX BEG NW COR LT 6 THN E 16F SWLY TO PT 7F E & 9F S OF NW COR THN S TO S LN LT 8 W 7F N TO POB- LTS 6, 7, 8 & 9 KIMBLE HEIGHTS

Utilities

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

Building Details

Year built 1949
Architectural style Other
Listing Agency: RE/MAX Precision · RE/MAX International
Listed By: Bonnie Christensen · License IA B57144
Added: Oct 13 Changed: Nov 4 Last Checked: Nov 11 at 5:06PM
MLS# 751113

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.

Rey
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Investment Insights

Based on property information with market context.

This storefront property at 6301 SW 9th Street was built in 1949 and has forced-air heating fueled by natural gas, along with central air conditioning. Public water and public sewer serve the site, which is zoned C-2.

The property is on SW 9th Street, just north of Army Post Road, in Des Moines.

Key Highlights

  • C‑2 zoning
  • Built in 1949
  • Forced‑air heat with natural gas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,850
Cap Rate
7.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$777,000 $777.0K
Cap Rate 7%
$555,000 $555.0K
Cap Rate 9%
$431,667 $431.7K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$60.0K $15.00/SF
− Vacancy
−$4.5K −$1.13/SF
EGI
$55.5K $13.88/SF
− OpEx
−$16.7K −$4.16/SF
NOI
$38.9K $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%
$777,000
Cap Rate 7%
$555,000
Cap Rate 9%
$431,667

Alternative Uses

Best Use
Retail
$555.0K
$485.6K – $647.5K (±1% cap)
NOI $38,850 @ 7.0% cap · market cap 7.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$985.1K
$862.0K – $1.15M (±1% cap)
NOI $68,959 @ 7.0% cap · market cap 13.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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

Current Use

South Des Moines ... Veterinary Clinic Meythaler Laurie DVM Veterinary Clinic South Des Moines ... Veterinary Clinic

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Spa & Massage Center Dental Office Restaurant

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

Location Intelligence

Trade Area within ½ mile

499
Businesses Nearby
Under-served
Demand for This Use

Demographics for 50315, IA

36,693
Population
16,579
Households
2.2
Avg Household Size
36
Median Age
18%
College-Educated
87%
High-School Grad
10.3 sq mi
ZIP Area
3,562
Density / Sq Mi
$62,036
Median Household Income
$41,311
Median Earnings
$977
Median Rent
$164,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Des Moines, IA

5% 2019
8.4% 2020
5.8% 2021
6.2% 2022
6.1% 2023
6% 2024
5.9% 2025

Similar Off Market Nearby

  • A & T Floral Shop — 5904 SW 9th St, Des Moines, IA 50315

Frequently Asked Questions

What type of property is this?
Storefront property - Forced-air heating, central air, and public utilities serve this commercial property.
Where is this storefront property located?
The property is located at 6301 SW 9th Street Des Moines, IA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: C‑2 zoning; Built in 1949; Forced‑air heat with natural gas
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Includes: Price & PSF · Cap rate · Location · Zoning

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