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Property profile & analytics
FOR LEASE
Commercial real estate

1501 42Nd St West Des Moines, IA 50266

65,654 SF 5.45 ac lot Built 1982
Entity Owned 7-yr Hold Free & Clear
Property ID
US25-0223174
Property summary
AI-generated overview

One Corporate Place offers a premier executive office suite for lease in West Des Moines, Iowa. This Class B building, located at 1501 42nd St, zip code 50266, boasts a total of 20,732 square feet and features a single, available suite encompassing 1,851 square feet. The property is situated in Polk County and offers ample parking, with a ratio of 4.5 spaces per 1,000 rentable square feet. The suite is ideal for businesses seeking a professional and efficient workspace. The building's "Executive Office" designation speaks to its high-quality finishes and amenities, perfect for companies seeking a prestigious address. This is a multi-tenant building, providing a collaborative and dynamic environment. The available space presents a unique opportunity for businesses to establish or expand their presence in a thriving West Des Moines location. Interested parties are encouraged to inquire about lease terms and availability. The property's convenient location offers easy access to major transportation routes and local amenities. This is a rare opportunity to secure a well-appointed office suite in a desirable location. Don't miss out on this chance to establish your business in a prime West Des Moines address.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1982
Construction STEEL FRAME
Total area 65,654 SF
Lot 5.45 ac (237,402 SF)
Zoning code PCP
APN 320/00028-002-000
UPID US25-0223174
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • integrated telehealth partners Crisis Center Medical Clinic
  • Open Hearts Therapy, PLLC Crisis Center Medical Clinic
  • R.J. Hudson Law Firm, P.C. Law Firm
  • Bittner Julie Law Firm
  • Gonzalez Saggio & Harlan Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.17M
Blend (final) Blend
$2.05M
Owner & transaction history
Kanap Systems LLC · 7 yrs held
Kanap Systems LLC
since 2019
4 recorded transactions
2026
Price N/A
2019
Price N/A
2018
Price N/A
2017
$2.8M
Zoning & alternative use
PCP · West Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

$1f

Zone name Professional Commerce Park
General category OPEN_SPACE
Zone area 1,042.20 ac
Source Realmo
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