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Property profile

0 Airport Commerce Park Des Moines, IA 50321

OFF-MARKET
Land
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53.8 ac lot

Property summary

AI-generated overview

This exceptional 53.8-acre commercial and industrial land parcel is ideally situated in Des Moines, Iowa's Airport Commerce Park South. The property boasts convenient access, located just half a mile from Highway 5 and one mile from the Des Moines International Airport, a key transportation hub experiencing significant growth with the modernization project, Lift DSM, and plans for a new terminal. This strategic location offers unparalleled connectivity and benefits from the airport's nearly 3 million annual passengers. The site presents a unique opportunity for development, surrounded by established amenities including the Echo Valley Country Club, Wakonda Club, and Blank Park Zoo, as well as numerous local restaurants. Furthermore, the property is less than five miles from downtown Des Moines, providing easy access to the city's core. Individual lot sizes and pricing vary, ranging from 0.71 to 7.44 acres, with prices per square foot ranging from $2.50 to $6.15. APN numbers include 2018-39 and 2018-38. This prime location offers significant potential for long-term growth and investment in a thriving area. The property is zoned for commercial and industrial uses. Detailed lot sizes and pricing are available upon request.

Property profile

Verified
Property type Land
Lot 53.8 ac (2,343,528 SF)

Cap rate & NOI

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

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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