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    4400 46Th St Des Moines, IA 50317

    For Sale
    $1,268,000

    Prime Des Moines land, ideal for redevelopment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 4.479-acre commercial land parcel in Des Moines, Iowa, presents a remarkable investment opportunity. Located at 4400 E 46th St, in Polk County, zip code 50317, this property boasts a highly desirable MX3 Mixed Use zoning, allowing for a variety of development options. The site features approximately 460 feet of frontage on Hubbell Avenue, a major thoroughfare with a traffic count exceeding 14,000 vehicles per day. Its strategic location at a lighted intersection on the southwest corner of E Hubbell and E 46th Street ensures high visibility and accessibility. The property is situated within a rapidly expanding redevelopment corridor, benefiting from a substantial population base: 38,000 within a 3-mile radius and 94,000 within a 5-mile radius. The asking price is $1,268,000, translating to $7.50 per square foot. Highest and best uses include retail, office, and owner-user developments, such as banking or medical facilities. Tax Increment Financing (TIF) may be available for approved projects. Note that a house is included on the property. An adjacent 2.69-acre parcel is also available for purchase, offering a combined total of 7.169 acres and over 1,100 feet of Hubbell Avenue frontage.

    Property Features for 4400 46Th St

    General Information

    Property type
    Land
    Lot Size
    195,105 SF

    HighLights

    • Rapidly expanding redevelopment corridor in Des Moines, IA.
    • High‑visibility location at a lighted intersection on the southwest corner of E Hubbell and E 46th Street.
    • 4.479‑acre land parcel (house included).
    • 4.479 acres available; $7.50 per square foot.
    • MX3 Mixed Use zoning.
    • Highest and best use: retail, office, owner‑user (banking, medical).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vista Boarding Kennels Pet Boarding Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.522279106997
    Latitude
    41.641850094877

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    FAQs

    What type of property is this?
    Land - Prime Des Moines land, ideal for redevelopment.
    Where is this land located?
    The property is located at 4400 46Th St Des Moines, IA.
    What is the asking price?
    The asking price for this property is $1,268,000.
    What are key features of this property?
    This property features: Rapidly expanding redevelopment corridor in Des Moines, IA.; High-visibility location at a lighted intersection on the southwest corner of E Hubbell and E 46th Street.; 4.479-acre land parcel (house included).
    (515) 864-1222
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    4400 46Th St Des Moines, IA 50317
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    Des Moines, IA 50317
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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
    4400 46Th St Des Moines, IA 50317
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