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    606 Watson Powell Jr Way Des Moines, IA 50309

    Sponsored
    For Sale
    Contact for pricing

    Prime .396-acre lot, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional .396-acre commercial land parcel presents a unique investment opportunity in Des Moines, Iowa. Situated at 606 Watson Powell Jr Way, this property boasts a highly desirable location between 6th Avenue and 7th Street, benefiting from a combined daily vehicle traffic exceeding 15,000 vehicles. The lot's size translates to approximately 17,270 square feet, offering ample space for a variety of commercial developments. Its strategic placement near a substantial 2.5 million square foot corporate campus further enhances its appeal and potential for significant returns. The property's zoning allows for diverse uses, including office space, retail establishments, and entertainment venues, catering to a wide range of business needs. The sale price is negotiable, making this an attractive proposition for developers and investors seeking a prime location in a thriving Des Moines market. The property is located in Polk County, Iowa, with a zip code of 50309. The coordinates are 41.589274 latitude and -93.62607 longitude. This is a rare opportunity to acquire a well-positioned commercial lot in a high-traffic area with significant development potential.

    Property Features for 606 Watson Powell Jr Way

    General Information

    Property type
    Land
    Lot Size
    17,250 SF

    HighLights

    • .396‑acre lot (17,270 SF) available in Des Moines, IA.
    • Negotiable sale price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Parking Parking Lot

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.62607
    Latitude
    41.589274

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    FAQs

    What type of property is this?
    Land - Prime .396-acre lot, high traffic area.
    Where is this land located?
    The property is located at 606 Watson Powell Jr Way Des Moines, IA.
    What are key features of this property?
    This property features: .396-acre lot (17,270 SF) available in Des Moines, IA.; Negotiable sale price.;
    (515) 218-7010
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    606 Watson Powell Jr Way 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
    606 Watson Powell Jr Way Des Moines, IA 50309
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