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Property profile

0 Douglas Ave Des Moines, IA 50317

OFF-MARKET
Land
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Douglas Ave Des Moines, IA 50317
Des Moines metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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