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    323 Walnut St Des Moines, IA 50309

    For Lease
    $20 SF/Yr ($15,850 /Mo)

    Prime Des Moines office space available.

    Lot size:
    9,510 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional executive office building at 323 E Walnut Street in Des Moines, Iowa, offers a variety of flexible spaces for lease. Located in the heart of the city's central business district, this property boasts a total of 9,510 square feet, with multiple tenancy options available. Currently, there are 3,199 square feet of vacant space, divisible into units ranging from a minimum of 487 square feet to a maximum contiguous space of 1,519 square feet. The building sits on a generous 1.22-acre lot and provides ample on-site parking for tenants and their guests. The property is ideally suited for businesses seeking a prestigious address and convenient access to downtown amenities. The address is 323 E Walnut St, Des Moines, IA 50309, within Polk County. This is a fantastic opportunity to secure high-quality office space in a vibrant and thriving urban environment. The flexible space options allow for customization to suit a variety of business needs and sizes. With its central location and ample parking, this property offers unparalleled convenience and accessibility. Don't miss this chance to establish your business in a premier Des Moines location. Contact us today to learn more about leasing opportunities and to schedule a viewing.

    Property Features for 323 Walnut St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,510 SF
    Total Rate
    15850

    Unit(s) available at that property

    Space
    Suite 4
    Size
    1,519 SF
    Rate per SF
    $20
    Space
    Suite 3
    Size
    1,193 SF
    Rate per SF
    $20
    Space
    Suite 5
    Size
    487 SF
    Rate per SF
    $20

    HighLights

    • Move‑in ready modern office space.
    • High‑visibility location at a signalized intersection with abundant on‑site parking.
    • Excellent access to I‑235 via East 6th Street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ClinicNote - Global Insurance ... Insurance Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6123221
    Latitude
    41.5879816

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Des Moines office space available.
    Where is this office property / space located?
    The property is located at 323 Walnut St Des Moines, IA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Move-in ready modern office space.; High-visibility location at a signalized intersection with abundant on-site parking.; Excellent access to I-235 via East 6th Street.
    Request Owner's contact information
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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
    323 Walnut St Des Moines, IA 50309
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