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    3700 Gannett Ave Des Moines, IA 50321

    For Sale
    $587,406

    Prime Des Moines industrial land, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 4.65-acre industrial land parcel is part of the Airport Business Park, a 300-acre development strategically located south of the Des Moines airport, offering convenient access to Highway 5. The property, identified as Plat 2, Lot 3, at 3700 Gannett Ave, Des Moines, IA 50321, benefits from its position within this established industrial park. All utilities are readily available on-site, simplifying development and reducing upfront costs. The lot provides significant accessibility and visibility from both Army Post Road and Highway 5, enhancing its appeal for businesses seeking high-traffic exposure. The asking price for this strategically positioned land is $587,406.60, translating to a land value of $3 per square foot. This presents a compelling opportunity for businesses seeking to establish a presence in a thriving industrial area with excellent infrastructure and connectivity. The Airport Business Park offers a range of lot sizes, from 3 to 30 acres, catering to diverse development needs. This particular 4.65-acre lot is ready for immediate development, offering a unique chance to capitalize on Des Moines' robust industrial market. The property is located in Polk County, Iowa.

    Property Features for 3700 Gannett Ave

    General Information

    Property type
    Land
    Lot Size
    202,554 SF

    HighLights

    • $587,406.60 asking price.
    • 4.65‑acre industrial land parcel.
    • Located in Des Moines, IA, at 3700 Gannett Ave, Polk County, zip code 50321.
    • $3/SF land value.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Wholesale Shop Pharmacy Kitchen & Bath Storage Facility HVAC Service Bar & Pub Plumbing Service Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.667922
    Latitude
    41.516288

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    FAQs

    What type of property is this?
    Land - Prime Des Moines industrial land, excellent location.
    Where is this land located?
    The property is located at 3700 Gannett Ave Des Moines, IA.
    What is the asking price?
    The asking price for this property is $587,406.
    What are key features of this property?
    This property features: $587,406.60 asking price.; 4.65-acre industrial land parcel.; Located in Des Moines, IA, at 3700 Gannett Ave, Polk County, zip code 50321.
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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
    3700 Gannett Ave Des Moines, IA 50321
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