0 9Th St Des Moines, IA 50315
This exceptional 20.62-acre parcel presents a unique development opportunity in Des Moines, Iowa. Located at the intersection of SW 9th Street and Army Post Road, this land offers convenient access to Highway 5 and downtown Des Moines. Its prime location near Blank Park Zoo, Southridge Mall, Target, and Hy-Vee provides excellent visibility and accessibility. The property is situated within a 2023 Qualified Census Tract (QCT), making it particularly well-suited for affordable housing projects, including multi-family dwellings or senior housing. The high traffic volume on both Army Post Road (18,284 vehicles per day) and SW 9th Street (15,229 vehicles per day) ensures significant exposure. Proximity to Morris Elementary School and McCombs Middle School adds to its appeal. This expansive site offers developers a chance to create a thriving community in a desirable Des Moines location. The asking price is $2,020,000. This is a rare opportunity to acquire a large, versatile tract of land in a rapidly growing area. Don't miss out on this chance to build your next project.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.