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    Pine Ave Des Moines, IA 50313

    For Sale
    $1,695,000

    Prime IA location, mixed-use zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 32.425-acre land parcel, situated at the intersection of SE 45th Street and E Pine Avenue in Des Moines, Iowa (zip code 50313), presents a compelling investment opportunity. Priced at $1,695,000 ($1.20/SF), this property boasts a highly desirable Mixed Use District (EX) zoning designation, aligning perfectly with Des Moines' future land use plans for a Business Park. Its strategic location offers unparalleled access to Highways 5 and 65, facilitating efficient product distribution throughout Iowa. The site enjoys excellent highway visibility and is positioned within a rapidly developing industrial sector, neighboring established businesses such as PDM Precast, XPO Logistics, and MidAmerican Energy. This presents a unique chance to capitalize on the growth trajectory of this area and establish a significant presence in a thriving industrial hub. Drone footage is available for a comprehensive view of the property. Polk County location provides access to a robust workforce and established infrastructure.

    Property Features for 0 Pine Ave

    General Information

    Property type
    Land

    HighLights

    • 32.425‑acre land parcel in Des Moines, IA (50313), at SE 45th Street & E Pine Avenue.
    • $1,695,000 asking price ($1.20/SF).
    • Mixed Use (EX) zoning, ideal for Business Park development.
    • Excellent highway access (Hwy 5 & 65) and visibility.
    • Located in a rapidly growing industrial area near PDM Precast, XPO Logistics, and MidAmerican Energy.
    • Polk County location offers strong workforce and infrastructure.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6116494
    Latitude
    41.6542926

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    FAQs

    What type of property is this?
    Land - Prime IA location, mixed-use zoning.
    Where is this land located?
    The property is located at Pine Ave Des Moines, IA.
    What is the asking price?
    The asking price for this property is $1,695,000.
    What are key features of this property?
    This property features: 32.425-acre land parcel in Des Moines, IA (50313), at SE 45th Street & E Pine Avenue.; $1,695,000 asking price ($1.20/SF).; Mixed Use (EX) zoning, ideal for Business Park development.
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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
    Pine Ave Des Moines, IA 50313
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