1698 Keosauqua Way West Des Moines, IA 50314
This 0.071-acre commercial and industrial lot, located at 1698 Keosauqua Way in West Des Moines, Iowa (zip code 50314), is zoned NX1 and presents a compelling investment opportunity. Situated in Polk County, this property benefits from a high-traffic location, with approximately 11,700 vehicles passing daily. Its strategic position between University Avenue and Martin Luther King Jr. Parkway, and its proximity to downtown Des Moines, makes it exceptionally well-suited for various development projects. The lot is ready for immediate construction of an office or retail building, capitalizing on the area's economic dynamism and growth. The asking price is $60,000, and the property's APN is 080/03984-000-000. This prime location offers exceptional value and return potential for investors seeking to establish a presence in the thriving Des Moines market. The versatile zoning allows for a range of development options, making this a truly unique investment opportunity. This property represents a chance to build in a high-visibility area with significant daily traffic counts, ensuring strong potential for future success.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.