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Property profile & analytics
OFF-MARKET
Office Spaces

615 3Rd St Des Moines, IA 50309

400 SF
Property ID
Property summary
AI-generated overview

This exceptional office space at 615 3rd Street in Des Moines, Iowa, offers flexible suites ranging from 400 to 11,766 square feet, perfect for owner-users seeking a prestigious downtown location. The building's prime location in Polk County, zip code 50309, provides unparalleled convenience and accessibility. Situated within walking distance of the Wells Fargo Arena and the Hilton Des Moines Downtown, this property offers employees easy access to a variety of amenities and attractions. The strategic location also ensures effortless commuting, with immediate access to Interstate 235. This makes it an ideal choice for businesses seeking a vibrant and easily accessible location to establish or expand their operations. The building itself is designed to cater to the needs of modern businesses, providing a professional and efficient work environment. This is a rare opportunity to secure a highly desirable office space in the heart of Des Moines' dynamic business district. The property is classified as an Executive Office building and offers a blend of convenience, accessibility, and proximity to key attractions, making it an excellent investment for businesses looking to thrive in this thriving city. The address is 615 3rd Street, Des Moines, IA 50309.

Property profile
Verified
Property type Office Spaces
Total area 400 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
Current use
Occupant on record · Public records
  • Buzzard Billy’s Restaurant
  • ATM Atm
  • Baratta's Catering Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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