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    88Th St West Des Moines, IA 50266

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    For Sale
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    16.91 Acres, Prime Development Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 16.91-acre parcel in West Des Moines, Iowa, presents a unique investment opportunity. Located on 88th St in Dallas County, zip code 50266, the property is zoned for agricultural use and offers significant potential for commercial development. Its strategic location provides easy access to major roadways. The area is experiencing substantial growth, with two significant developments planned nearby. A 199-unit high-end multifamily residential development, Village on Jordan Creek, is slated for completion in late 2022, just a two-minute drive away. Construction is set to begin in Fall 2022 on a 9.5 acre site. Furthermore, a large entertainment venue, anchored by Live Nation Entertainment, is under construction in Waukee, an eight-minute drive from the property. This venue, part of the Keetown Loop Development, is expected to open in late 2023 and host over 100 shows annually, with a capacity of 3,500 people. Construction on this project started Spring 2022. This property's proximity to these substantial developments makes it an ideal location for complementary businesses or future development projects, capitalizing on the increased population and economic activity in the area. The property's size and zoning offer flexibility for a variety of commercial uses, making it a compelling investment opportunity in a rapidly growing market.

    Property Features for 0 88Th St

    General Information

    Property type
    Farms
    Lot Size
    736,600 SF

    HighLights

    • 16.91‑acre land parcel in West Des Moines, IA, zoned Agricultural.
    • Proximity to a new 199‑unit luxury multifamily development (2‑minute drive), starting construction Fall 2022.
    • Close proximity to a new 3,500‑person capacity entertainment venue (8‑minute drive), construction started Spring 2022, expected to host over 100 shows annually.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    West Des Moines
    County
    Dallas
    State
    Iowa
    Longitude
    -93.8282577
    Latitude
    41.5715315

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    FAQs

    What type of property is this?
    Farm - 16.91 Acres, Prime Development Location
    Where is this farm located?
    The property is located at 88Th St West Des Moines, IA.
    What are key features of this property?
    This property features: 16.91-acre land parcel in West Des Moines, IA, zoned Agricultural.; Proximity to a new 199-unit luxury multifamily development (2-minute drive), starting construction Fall 2022.; Close proximity to a new 3,500-person capacity entertainment venue (8-minute drive), construction started Spring 2022, expected to host over 100 shows annually.
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    Realmo Value Estimation

    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.

    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.

    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
    88Th St West Des Moines, IA 50266
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