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    7404 37Th St Des Moines, IA 50321

    For Sale
    $1,115,136

    Prime Des Moines land, ideal for retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 3.2-square-foot commercial land parcel is strategically located in Des Moines, Iowa, at 7404 SW 37th St, within the Airport Business Park - Plat 2, Lot 1. Zoned for support retail uses, this property presents a unique investment opportunity with significant potential. The asking price is $1,115,136, translating to a land value of $7 per square foot. Its prime location offers excellent visibility and accessibility, boasting frontage on Army Post Road. This high-traffic area ensures strong exposure for any retail development. The property is situated in Polk County, Iowa, with a zip code of 50321, and its coordinates are 41.518752 latitude and -93.668137 longitude. Given its size and location, this lot is well-suited for a variety of commercial ventures, making it an attractive proposition for investors seeking a foothold in the thriving Des Moines market. The property's convenient access to major transportation routes further enhances its appeal. Serious inquiries are encouraged to explore the possibilities this exceptional land parcel offers.

    Property Features for 7404 37Th St

    General Information

    Property type
    Land

    HighLights

    • $1,115,136 asking price.
    • 3.2‑acre commercial land parcel.
    • $7 per square foot land value.
    • Located at 7404 SW 37th St, Des Moines, IA 50321.
    • Suitable for support retail uses.
    • Army Post Rd frontage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Wholesale Shop Pharmacy Kitchen & Bath Storage Facility HVAC Service Bar & Pub Plumbing Service Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.668137
    Latitude
    41.518752

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    FAQs

    What type of property is this?
    Land - Prime Des Moines land, ideal for retail.
    Where is this land located?
    The property is located at 7404 37Th St Des Moines, IA.
    What is the asking price?
    The asking price for this property is $1,115,136.
    What are key features of this property?
    This property features: $1,115,136 asking price.; 3.2-acre commercial land parcel.; $7 per square foot land value.
    (515) 277-1265
    Request Owner's contact information
    7404 37Th St Des Moines, IA 50321
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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
    7404 37Th St Des Moines, IA 50321
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