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    Martin Luther King Jr Pkwy Des Moines, IA 50314

    Sponsored
    For Sale
    $215,000

    Prime Des Moines development opportunity. High-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.551-acre commercial land parcel presents a unique investment opportunity in Des Moines, Iowa. Located at Martin Luther King Jr Parkway, in the 50314 zip code, this property boasts a highly desirable location just south of the Douglas/Euclid intersection and north of Hickman. Its strategic position is surrounded by established residential neighborhoods, ensuring a strong potential customer base for any future development. The property's proximity to Broadlawns Medical Center further enhances its appeal, offering convenient access to a significant population center. Zoned MX3, this land is ready for a variety of commercial ventures. The asking price for this prime development land is $215,000. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a valuable asset in a thriving Des Moines location. This property offers significant potential for growth and return on investment. Act quickly, as opportunities like this are rare.

    Property Features for 0 Martin Luther King Jr Pkwy

    General Information

    Property type
    Land
    Lot Size
    67,562 SF

    HighLights

    • Excellent location south of Douglas/Euclid, north of Hickman.
    • High‑density residential area.
    • Near Broadlawns Medical Center.
    • MX‑3 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.64743039921
    Latitude
    41.618238292123

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    FAQs

    What type of property is this?
    Land - Prime Des Moines development opportunity. High-traffic location.
    Where is this land located?
    The property is located at Martin Luther King Jr Pkwy Des Moines, IA.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: Excellent location south of Douglas/Euclid, north of Hickman.; High-density residential area.; Near Broadlawns Medical Center.
    (515) 415-6108
    Request Owner's contact information
    Martin Luther King Jr Pkwy Des Moines, IA 50314
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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
    Martin Luther King Jr Pkwy Des Moines, IA 50314
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