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    113 8Th St Des Moines, IA 50309

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    For Lease
    Contact for pricing

    20,000 SF Office, Prime Location

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story office building, totaling 20,000 square feet, presents a unique opportunity for a single tenant in Des Moines, Iowa. Situated on a 1.04-acre lot at 113 SW 8th St, zip code 50309, in Polk County, this property boasts a highly visible location along the MLK corridor. Its proximity to the new soccer stadium, Principal Park, and the new Market District Park offers unparalleled accessibility and high visibility. The building itself is a traditional office space, also suitable for executive or creative office uses, providing ample room for a variety of business needs. The entire 20,000 square feet is currently vacant and available for lease. The property includes 95 surface parking spaces, ensuring convenient parking for employees and clients. Furthermore, the property offers the potential for build-to-suit options, allowing for customization to meet specific tenant requirements. This is a rare opportunity to secure a substantial, well-located office building in a thriving area of Des Moines. The property's size, location, and parking make it an ideal choice for a company seeking a prominent presence in the city.

    Property Features for 113 8Th St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF

    Building Details

    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    20,000 SF

    HighLights

    • 20,000 SF building with a 4:1 parking ratio.
    • Build‑to‑suit opportunity available.
    • High‑visibility office space.
    • Two 10,000 SF floors.
    Property Profile Location Intelligence

    Current Use by Public Records

    113 SW 8th ... Parking Lot

    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
    -93.6254529
    Latitude
    41.582259

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    FAQs

    What type of property is this?
    Office space - 20,000 SF Office, Prime Location
    Where is this office space located?
    The property is located at 113 8Th St Des Moines, IA.
    What are key features of this property?
    This property features: 20,000 SF building with a 4:1 parking ratio.; Build-to-suit opportunity available.; High-visibility office space.
    Request Owner's contact information
    113 8Th St Des Moines, IA 50309
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    Des Moines, IA 50309
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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
    113 8Th St Des Moines, IA 50309
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