Technical
Financial
Distress signals
Property profile

0 Pine Ave Des Moines, IA 50313

OFF-MARKET
Land
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Property summary

AI-generated overview

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 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

Pine Ave Des Moines, IA 50313
Des Moines metro
Google Maps

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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