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    3501 Westown Pkwy West Des Moines, IA 50266

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    For Lease
    Contact for pricing

    21,579 SF Office, Single Tenant, Prime Location

    Lot size:
    21,579 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 21,579-square-foot single-tenant office building presents a unique investment opportunity in West Des Moines, Iowa. Located at 3501 Westown Parkway, this Class B property boasts a highly visible hard-corner location at the northwest intersection of Valley West Drive and Westown Parkway, directly across from Valley West Mall. Built in 1970 and renovated in 1984, the building sits on a 2.07-acre lot and offers convenient access to the entire Des Moines metro area. The property features one building with elevators. Its strategic location benefits from high traffic counts due to its signalized intersection. Nearby amenities include major retailers such as Hy-Vee, Target, Home Depot, and Whole Foods, located just to the north. The property's prominent position is further enhanced by the presence of the new West Bank Headquarters situated on the southeast corner of Valley West Drive and Westown Parkway. With its significant square footage and prime location, this property is ideal for a variety of uses and offers substantial potential for growth and return on investment. The building is currently vacant, presenting a blank canvas for a new tenant or owner. The property is situated in the West Des Moines submarket of Polk County, Iowa, with a zip code of 50266.

    Property Features for 3501 Westown Pkwy

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,579 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1970/1984
    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    21,579 SF

    HighLights

    • 21,579 SF office building available for lease in West Des Moines, IA.
    • Two‑story building on a 2.07‑acre lot at a hard‑corner location with high visibility.
    • Former Iowa Realty headquarters; currently vacant.
    • Retail redevelopment opportunity.
    • Two acres available for ground lease or build‑to‑suit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Iowa Realty Real Estate Agency Homeservices Insurance Inc. Insurance Agency HomeServices Lending Mortgage Lender Midland Title & Escrow ... Title Company

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.7529603
    Latitude
    41.5950423

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    FAQs

    What type of property is this?
    Office Property / Space - 21,579 SF Office, Single Tenant, Prime Location
    Where is this office property / space located?
    The property is located at 3501 Westown Pkwy West Des Moines, IA.
    What are key features of this property?
    This property features: 21,579 SF office building available for lease in West Des Moines, IA.; Two-story building on a 2.07-acre lot at a hard-corner location with high visibility.; Former Iowa Realty headquarters; currently vacant.
    Request Owner's contact information
    3501 Westown Pkwy West Des Moines, IA 50266
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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
    3501 Westown Pkwy West Des Moines, IA 50266
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