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    5701 Park Ave Des Moines, IA 50321

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    For Sale
    Contact for pricing

    Prime Des Moines industrial land, excellent access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10 to 13.5-acre parcel of land, located at 5701 Park Avenue in Des Moines, Iowa, presents a unique investment opportunity. Zoned EX - EX Mixed Use, this property offers significant flexibility for a variety of industrial developments. The land is priced at $6 per square foot, representing a compelling value in the Des Moines market. The site boasts optimal access to Park Avenue, providing convenient transportation and logistics capabilities. Furthermore, its close proximity to Interstate 235 and the Des Moines International Airport significantly enhances its strategic location and accessibility for businesses requiring efficient transportation links. The property is ideal for businesses needing outdoor storage space, given its ample acreage. Situated in Polk County, Iowa, with a zip code of 50321, this property offers a blend of accessibility, zoning flexibility, and a competitive price point, making it an attractive proposition for discerning investors and developers seeking a prime location in a thriving metropolitan area. The latitude and longitude coordinates are 41.5572222 and -93.6962386 respectively.

    Property Features for 5701 Park Ave

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • Ample outdoor storage available.
    • Excellent Park Avenue frontage.
    • Convenient access to I‑235 and Des Moines International Airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quality Manufacturing Corporation Manufacturer Jacobson Warehouse Company, ... Warehouse

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6962386
    Latitude
    41.5572222

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    FAQs

    What type of property is this?
    Land - Prime Des Moines industrial land, excellent access.
    Where is this land located?
    The property is located at 5701 Park Ave Des Moines, IA.
    What are key features of this property?
    This property features: Ample outdoor storage available.; Excellent Park Avenue frontage.; Convenient access to I-235 and Des Moines International Airport.
    (515) 745-2734
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    Des Moines, IA 50321
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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
    5701 Park Ave Des Moines, IA 50321
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