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    80 Vine St Des Moines, IA 50315

    For Sale
    Contact for pricing

    Prime location, high-traffic area, multiple parcels.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional commercial land opportunity presents a unique redevelopment project in the heart of Des Moines, Iowa. Encompassing three separate parcels totaling between 1.76 and 3.27 acres, this property offers significant potential for a variety of uses. The parcels are strategically located between 8th and 12th Streets, north of Martin Luther King Jr. Parkway, benefiting from exceptional visibility and accessibility. The site boasts a high daily traffic volume exceeding 13,400 vehicles at the intersection of 8th Street and Martin Luther King Jr. Parkway, ensuring high exposure for any development. Surrounding the property are diverse existing developments including single-family and multi-family residential, retail, office, commercial, and hospitality establishments, creating a vibrant and established neighborhood. The property's proximity to the 800 Mulberry Parking Garage further enhances its appeal and presents an additional redevelopment opportunity. Potential uses could include office space, retail establishments, or entertainment venues. Individual parcel sizes and pricing are negotiable. The 80 8th Street parcel is 1.81 acres

    Property Features for 80 Vine St

    General Information

    Property type
    Land
    Lot Size
    76,666 SF

    HighLights

    • 1.81‑acre parcel at 80 8th Street, price negotiable.
    • 1.76‑acre site with 9th/MLK frontage, price negotiable.
    • 3.27‑acre lot at 900 Vine Street, price negotiable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6269927
    Latitude
    41.5816597

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    FAQs

    What type of property is this?
    Land - Prime location, high-traffic area, multiple parcels.
    Where is this land located?
    The property is located at 80 Vine St Des Moines, IA.
    What are key features of this property?
    This property features: 1.81-acre parcel at 80 8th Street, price negotiable.; 1.76-acre site with 9th/MLK frontage, price negotiable.; 3.27-acre lot at 900 Vine Street, price negotiable.
    (515) 218-7010
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    80 Vine St 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
    80 Vine St Des Moines, IA 50315
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