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    5800 University Ave West Des Moines, IA 50266

    Sponsored
    For Sale
    $2,000,000

    2.25 Acres, Prime Office Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.253-acre commercial land parcel, located at 5800 University Avenue in West Des Moines, Iowa, presents a remarkable investment opportunity. Priced at $2,000,000, this property boasts a desirable PUD Office zoning designation, opening doors to a wide range of development possibilities. The expansive lot, totaling 98,123 square feet, offers significant frontage on University Avenue, ensuring high visibility and accessibility. The surrounding neighborhood is a thriving mix of established businesses, including general and medical office spaces, restaurants, and retail establishments, creating a dynamic and attractive environment for potential development. Situated in Polk County, Iowa, with a zip code of 50266, this location benefits from excellent infrastructure and convenient access to major transportation routes. The property's strategic location and flexible zoning make it an ideal site for a variety of commercial ventures, promising strong returns for the discerning investor. This is a rare opportunity to acquire a substantial land parcel in a prime West Des Moines location with significant development potential. Don't miss out on this chance to secure a valuable asset in a rapidly growing market.

    Property Features for 5800 University Ave

    General Information

    Property type
    Land
    Lot Size
    98,141 SF

    HighLights

    • Sale Price: $2,000,000
    • Lot Size: 2.253 acres (98,123 square feet)
    • High‑visibility frontage on University Avenue, West Des Moines
    • Surrounding area features diverse commercial uses including office, retail, and restaurants
    • PUD Office zoning
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    West Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.7869915
    Latitude
    41.5997674

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    FAQs

    What type of property is this?
    Land - 2.25 Acres, Prime Office Zoning
    Where is this land located?
    The property is located at 5800 University Ave West Des Moines, IA.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: Sale Price: $2,000,000; Lot Size: 2.253 acres (98,123 square feet); High-visibility frontage on University Avenue, West Des Moines
    (515) 453-5429
    Request Owner's contact information
    5800 University Ave West Des Moines, IA 50266
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    West Des Moines, IA 50266
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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
    5800 University Ave West Des Moines, IA 50266
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