This exceptional 1.07-acre pad site, located at 4330 Westown Parkway in West Des Moines, Iowa (zip code 50266), presents a unique investment opportunity. Zoned PUD Office by the City of West Des Moines (APN 320/04947-030-402), this property is ideal for a variety of uses including bank, creative office, or medical office developments. The site boasts a fully improved infrastructure, including a parking lot, access roads, and utilities, ensuring a seamless development process. Its prominent location on Westown Parkway offers excellent visibility and accessibility, with a lighted intersection enhancing convenience. The property's strategic position within a thriving commercial corridor places it in close proximity to numerous national retailers such as Hy-Vee, Starbucks, Whole Foods, Target, Best Buy, and Home Depot, providing significant draw for potential tenants. Furthermore, its proximity to major medical facilities, including MercyOne's West Des Moines Medical Center and UnityPoint Health's Methodist West Hospital (within 1.5 miles), adds to its appeal. This high-demand location, coupled with the fully improved site, makes this a rare opportunity for sale, ground lease, or build-to-suit development. The property offers significant potential for investors seeking a prime location in a high-barrier-to-entry market, surrounded by established businesses including Hy-Vee, West Bank, ITA Group, Shive-Hattery, and Farm Bureau Financial Services. The absolute NNN lease type provides a straightforward and attractive investment structure.
Property Features for 4330 Westown Pkwy
General Information
Property type
Individual retail properties
Lot Size
46,609 SF
HighLights
1‑Acre pad site on Westown Parkway.
Sale, ground lease, and build‑to‑suit options available.
Improved site with parking, access roads, and utilities.
Individual retail property - Prime 1.07-acre development opportunity.
Where is this individual retail property located?
The property is located at 4330 Westown Pkwy West Des Moines, IA.
What are key features of this property?
This property features: 1-Acre pad site on Westown Parkway.; Sale, ground lease, and build-to-suit options available.; Improved site with parking, access roads, and utilities.
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4330 Westown Pkwy West Des Moines, IA 50266
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Realmo Value Estimation
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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
4330 Westown Pkwy West Des Moines, IA 50266
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4330 Westown Pkwy, West Des Moines, IA
Richie Hurd
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4330 Westown Pkwy, West Des Moines, IA
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4330 Westown Pkwy, West Des Moines, IA
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4330 Westown Pkwy, West Des Moines, IA
Richie Hurd
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