0 Auroa Ave. & Merle Hay Rd Des Moines, IA 50310
This exceptional 2,300 square foot medical office space is ideally situated in Des Moines, Polk County, Iowa, at the northeast corner of NW Aurora Avenue and Merle Hay Road. The entire space is currently vacant and ready for immediate occupancy, offering a unique opportunity for a medical practice or related business seeking a high-visibility location. The property is classified as both retail and office, providing flexibility for various uses within the medical field. Multiple tenancy is permitted, allowing for the potential to subdivide the space to suit specific needs. Ample parking is available for patients and staff, ensuring convenient access. The building's prime location benefits from high traffic volume and proximity to numerous established businesses, including Genesis Health Clubs, Sally Beauty, an Office Depot, Buffalo Wild Wings, Northern Tool + Equipment, Big Lots, Pet Supplies Plus, Hay Market Mall, and Merle Hay Mall. This strategic location offers excellent visibility and accessibility, attracting a large pool of potential patients and clients. The property's zip code is 50310. The coordinates are 41.6367 latitude and -93.6976548 longitude. This presents a rare opportunity to establish or expand a medical practice in a thriving commercial area. The property's size and location make it an attractive investment for those seeking a strong foothold in the Des Moines market.
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.
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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.