0 Martin Luther King Jr Pkwy Des Moines, IA 50314
This exceptional 1.551-acre commercial land parcel presents a unique investment opportunity in Des Moines, Iowa. Located at Martin Luther King Jr Parkway, in the 50314 zip code, this property boasts a highly desirable location just south of the Douglas/Euclid intersection and north of Hickman. Its strategic position is surrounded by established residential neighborhoods, ensuring a strong potential customer base for any future development. The property's proximity to Broadlawns Medical Center further enhances its appeal, offering convenient access to a significant population center. Zoned MX3, this land is ready for a variety of commercial ventures. The asking price for this prime development land is $215,000. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a valuable asset in a thriving Des Moines location. This property offers significant potential for growth and return on investment. Act quickly, as opportunities like this are rare.
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.