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    100 Court Ave Des Moines, IA 50309

    Sponsored
    For Lease
    $20 SF/Yr

    Des Moines CBD, IA: Classic office space available.

    Lot size:
    92,296 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This prestigious Class A office building, located at 100 Court Avenue in Des Moines' vibrant Central Business District (CBD), offers a unique blend of historic charm and modern functionality. Built in 1900 and renovated in 1987, this six-story building boasts 92,296 square feet of leasable space, encompassing executive, creative, and traditional office layouts. The building features 20 suites, with a minimum divisible space of 858 square feet and larger spaces available up to 5,412 square feet, catering to diverse business needs. Multiple tenancy options are available. Conveniently situated on historic Court Avenue, the property enjoys proximity to the Principal Riverwalk, Principal Park, Wells Fargo Arena, Iowa Events Center, Civic Center, Courthouse, and the East Village. The building includes 135 parking spaces, two elevators, and is served by electric power. The zoning is DX2 Downtown District, and the APN is 7824-04-484-002. This classic brick and timber structure features open ceilings, offering a sophisticated and inspiring work environment. The building's prime location and attractive features make it an ideal choice for businesses seeking a prestigious address in the heart of Des Moines.

    Property Features for 100 Court Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    92,296 SF
    Class
    A
    Total Rate
    157672.33

    Building Details

    Year Built/Renovated
    1900/1987
    Buildings
    1
    Stories
    6

    Unit(s) available at that property

    Space
    Garden Level Suite 1
    Size
    4,766 SF
    Rate per SF
    $20
    Space
    Garden Level Suite 2
    Size
    5,412 SF
    Rate per SF
    $20
    Space
    Suite 203
    Size
    3,371 SF
    Rate per SF
    $20
    Space
    Suite 440
    Size
    858 SF
    Rate per SF
    $20

    HighLights

    • Brick & timber building with high ceilings.
    • Historic office building on Court Avenue.
    • Suite 203: 3,371 SF, featuring two private offices, conference room, reception area, breakroom, and open workspace.
    • Suite 440: 858 SF with three private offices.
    • Ideal for professional and creative office users.
    • Excellent location adjacent to the Principal Riverwalk and Meredith Trail.
    Property Profile Location Intelligence

    Current Use by Public Records

    University of Iowa Health ... Health Insurance Agency Progress Iowa Non-Profit Organization Claim Technologies Inc Auditor Reid Law Firm Personal Injury Attorney Boersma Insurance Services Insurance Agency

    Suggested Use

    Realty agency Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Clothing Store Daycare Center Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.618364058182
    Latitude
    41.585780086655

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    FAQs

    What type of property is this?
    Office space - Des Moines CBD, IA: Classic office space available.
    Where is this office space located?
    The property is located at 100 Court Ave 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: Brick & timber building with high ceilings.; Historic office building on Court Avenue.; Suite 203: 3,371 SF, featuring two private offices, conference room, reception area, breakroom, and open workspace.
    Request Owner's contact information
    100 Court Ave Des Moines, IA 50309
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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
    100 Court Ave Des Moines, IA 50309
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