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    2500 Dixon St Des Moines, IA 50316

    For Sale
    $10,000,000

    135,197 SF Warehouse, $10M

    Property size:
    135,197 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This expansive 135,197-square-foot distribution/warehouse facility in Des Moines, Iowa, presents a compelling owner-user investment opportunity. Located at 2500 Dixon St, Polk County, this property boasts a strategic location within Des Moines' thriving industrial district, offering seamless access to major transportation arteries. Built in 1975 and renovated in 2001, the building features 23 dock-high doors for efficient loading and unloading. The warehouse offers a versatile layout with ceiling heights of 23' and 30' (30,000 SF at 30' and 90,000 SF at 24'), providing ample vertical space for various operational needs. The property sits on 4.94 acres, presenting potential for future expansion or development. Zoned I1, this vacant building is priced at $10,000,000 ($73.97/SF) and offers ample parking. Its modern design and robust construction ensure long-term durability and operational efficiency, making it an ideal investment for businesses seeking a prime location in Des Moines' dynamic economic environment. The APN is 110/01516-015-001 and the zip code is 50316.

    Property Features for 2500 Dixon St

    General Information

    Property type
    Distribution properties
    Square Feet
    135,197 SF

    Building Details

    Year Built/Renovated
    1975/2001

    HighLights

    • $10,000,000 asking price for this 135,197 SF industrial distribution warehouse.
    • Located at 2500 Dixon St, Des Moines, IA 50316, in Polk County.
    • Vacant, owner‑user opportunity with I1 zoning.
    • Features 23 dock‑high doors, and ceiling heights of 23' and 30'.
    • Built in 1975, renovated in 2001, situated on a 4.94‑acre lot.
    • Price per square foot is $73.97.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lomar Distributing Inc Warehouse

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply 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
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.5905694
    Latitude
    41.6177526

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    FAQs

    What type of property is this?
    Distribution property - 135,197 SF Warehouse, $10M
    Where is this distribution property located?
    The property is located at 2500 Dixon St Des Moines, IA.
    What is the asking price?
    The asking price for this property is $10,000,000.
    What are key features of this property?
    This property features: $10,000,000 asking price for this 135,197 SF industrial distribution warehouse.; Located at 2500 Dixon St, Des Moines, IA 50316, in Polk County.; Vacant, owner-user opportunity with I1 zoning.
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    2500 Dixon St Des Moines, IA 50316
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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
    2500 Dixon St Des Moines, IA 50316
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