0 Douglas Ave Des Moines, IA 50317
This exceptional 167-acre parcel presents a unique opportunity for residential development in Des Moines, Iowa. Located on E Douglas Ave, in Polk County, zip code 50317, this property boasts a highly desirable location with convenient access to major transportation arteries. The site benefits from a preliminary plat already approved by the City of Des Moines, streamlining the development process and saving valuable time and resources. Situated within the Southeast Polk School District, this land offers families an attractive educational environment. The property is zoned N2B and NX2 Neighborhood Districts, allowing for a variety of residential development options. Commuters will appreciate the proximity to key roadways, with Highway 6 and Highway 65 just 5 minutes away. Furthermore, the Outlets of Des Moines are a short 5-minute drive, and Downtown Des Moines and Ankeny are conveniently located within a 15-minute radius. This expansive tract offers significant potential for a thriving residential community, capitalizing on Des Moines's robust growth and desirable lifestyle. The precise latitude and longitude coordinates are 41.62962715884865 and -93.52232292618602 respectively. This is a rare opportunity to acquire a large, well-situated parcel ready for immediate development.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.