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Property profile & analytics
OFF-MARKET
Land

728 Border St Des Moines, IA 50315

1,024 SF 7.19 ac lot Built 1995
Property ID
Property summary
AI-generated overview

This exceptional 7.19-acre property in Des Moines, Iowa, presents a unique investment opportunity. Located at 728 E Border Street, Polk County, within the city limits of southern Des Moines, this parcel is zoned EX – Light Industrial, offering flexibility for various commercial and industrial uses. The property includes a 1,024 square foot detached frame building constructed in 1995, featuring a metal roof and steel exterior. The building boasts updated electrical wiring, stubbed plumbing, and is ready for drywall. A 1000-gallon septic tank, recently inspected and updated by Warren County Environmental Health, serves the property's sewer needs. Water service is available via an 8" Des Moines Water Works waterline on the south side of Beardsley Street/E Border Street. The site also features a prepared 100' x 100' dirt pad, ideal for immediate construction or expansion, centrally located on the tract. Future land use plans for this area include a business park. The APN is 90000030860. Additional information regarding zoning and permitted uses can be obtained from the City of Des Moines Planning and Urban Design department, referencing Chapter 134-3 (principal uses and tables) and Chapter 135-2 (building types) of the city's codes. The asking price for this versatile property is $299,000.

Property profile
Verified
Property type Land
Year built 1995
Total area 1,024 SF
Lot 7.19 ac (313,196 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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