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    4150 University Ave Des Moines, IA 50317

    For Sale
    $250,000

    1.48 Acres, N3A Zoning, Hwy 5 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.482-acre commercial land parcel in Des Moines, Iowa, presents a compelling investment opportunity. Located at 4150 E. University Avenue, this property boasts convenient access to Highway 5 bypass and the I-35/80 interchange, ensuring excellent visibility and connectivity. The property comprises two parcels, totaling 1.482 acres (0.844 acres and 0.638 acres), and currently features an 843-square-foot existing house. Currently zoned N3A, this allows for the development of single-family lots with a minimum size of 6,000 square feet. The strategic location is further enhanced by the proximity of existing multifamily developments, and with a relevant multifamily proposal, zoning changes could be considered by the city. The property's address is 4150 E University Ave, Des Moines, IA 50317, with Polk County as the county. The asking price for this prime commercial land is $250,000. This presents a unique chance to capitalize on the growth potential in this desirable Des Moines location. The property's latitude and longitude coordinates are 41.600933 and -93.532719 respectively. This is a rare opportunity to acquire a sizeable parcel in a high-growth area.

    Property Features for 4150 University Ave

    General Information

    Property type
    Land
    Lot Size
    64,556 SF

    HighLights

    • 1.482‑acre commercial land parcel in Des Moines, IA.
    • Two parcels totaling 1.482 acres (0.844 acres and 0.638 acres).
    • Includes an 843‑square‑foot existing house.
    • Currently zoned N3A.
    • Excellent access to Hwy 5 bypass and I‑35/80 interchange.
    • Proximity to existing multifamily developments.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.532719
    Latitude
    41.600933

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    FAQs

    What type of property is this?
    Land - 1.48 Acres, N3A Zoning, Hwy 5 Access
    Where is this land located?
    The property is located at 4150 University Ave Des Moines, IA.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: 1.482-acre commercial land parcel in Des Moines, IA.; Two parcels totaling 1.482 acres (0.844 acres and 0.638 acres).; Includes an 843-square-foot existing house.
    (515) 975-9600
    Request Owner's contact information
    4150 University Ave Des Moines, IA 50317
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    Des Moines, IA 50317
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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
    4150 University Ave Des Moines, IA 50317
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