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    9Th St Des Moines, IA 50315

    For Sale
    $2,020,000

    20 Acres, Mixed-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 20.62-acre parcel presents a unique development opportunity in Des Moines, Iowa. Located at the intersection of SW 9th Street and Army Post Road, this land offers convenient access to Highway 5 and downtown Des Moines. Its prime location near Blank Park Zoo, Southridge Mall, Target, and Hy-Vee provides excellent visibility and accessibility. The property is situated within a 2023 Qualified Census Tract (QCT), making it particularly well-suited for affordable housing projects, including multi-family dwellings or senior housing. The high traffic volume on both Army Post Road (18,284 vehicles per day) and SW 9th Street (15,229 vehicles per day) ensures significant exposure. Proximity to Morris Elementary School and McCombs Middle School adds to its appeal. This expansive site offers developers a chance to create a thriving community in a desirable Des Moines location. The asking price is $2,020,000. This is a rare opportunity to acquire a large, versatile tract of land in a rapidly growing area. Don't miss out on this chance to build your next project.

    Property Features for 0 9Th St

    General Information

    Property type
    Land
    Lot Size
    898,207 SF

    HighLights

    • Excellent location for residential, multifamily, or senior housing development.
    • Located in a 2023 Qualified Census Tract (QCT).
    • Offers easy access to Highway 5 and Downtown Des Moines via SW 9th Street.
    • Close proximity to Southridge Mall, Target, Hy‑Vee, Blank Park Zoo, and Blank Park Golf Course.
    • Near Morris Elementary and McCombs Middle schools.
    • High traffic counts on Army Post Road (18,284 VPD).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.621205098642
    Latitude
    41.525170263673

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    FAQs

    What type of property is this?
    Land - 20 Acres, Mixed-Use Potential
    Where is this land located?
    The property is located at 9Th St Des Moines, IA.
    What is the asking price?
    The asking price for this property is $2,020,000.
    What are key features of this property?
    This property features: Excellent location for residential, multifamily, or senior housing development.; Located in a 2023 Qualified Census Tract (QCT).; Offers easy access to Highway 5 and Downtown Des Moines via SW 9th Street.
    (515) 221-6654
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    9Th St Des Moines, IA 50315
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    Des Moines, IA 50315
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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
    9Th St Des Moines, IA 50315
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