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    4600 9Th St Des Moines, IA 50315

    Sponsored
    For Sale
    $775,000

    9,100 SF Office, Vacant, $775K

    Property size:
    9,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a two-story, 9,100-square-foot executive office building situated on a one-acre lot in Des Moines, Iowa's vibrant 9th Street business corridor. The property, built in 1978, is currently vacant, offering a blank canvas for a new owner. The building's MX-1 zoning provides flexibility for various uses. An adjacent parcel, totaling 0.73 acres with an 11,000-square-foot building (in poor condition), is included in the sale, potentially offering additional parking or redevelopment opportunities. The combined acreage totals approximately one acre, with the possibility of acquiring an additional half-acre. There are no existing leases. The property benefits from a potential facade improvement program offering reimbursements of up to $30,000. The high-traffic location boasts 24,200 vehicles per day, ensuring excellent visibility and accessibility. This is a prime opportunity to acquire a substantial office building in a desirable Des Moines location. The asking price is $775,000.

    Property Features for 4600 9Th St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    9,100 SF
    Class
    C
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1978
    Stories
    2

    HighLights

    • Office building for sale.
    • Asking price: $775,000.
    • 9,100 square foot building.
    • 1‑acre lot.
    • MX‑1 zoning.
    • 24,200 vehicles per day traffic count.
    Property Profile Location Intelligence

    Current Use by Public Records

    Book Prospector Book Store Printing By Design Commercial Printer Ads-R-Us Inc Marketing Agency IPublishers Publisher

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.626178
    Latitude
    41.542896

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    FAQs

    What type of property is this?
    Office Property / Space - 9,100 SF Office, Vacant, $775K
    Where is this office property / space located?
    The property is located at 4600 9Th St Des Moines, IA.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: Office building for sale.; Asking price: $775,000.; 9,100 square foot building.
    (515) 975-9600
    Request Owner's contact information
    4600 9Th St Des Moines, IA 50315
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    Des Moines, IA 50315
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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
    4600 9Th St Des Moines, IA 50315
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