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Property profile

615 3Rd St Des Moines, IA 50309

OFF-MARKET
Office Spaces
48,970 SF
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Property summary

AI-generated overview

This three-story, 48,970 square foot office building at 615 3rd Street in Des Moines, Iowa, offers a variety of flexible workspace options. The property is ideally suited for businesses seeking executive office space, coworking arrangements, or creative office environments. Multiple tenancies are available, with spaces ranging from a minimum of 400 square feet to a maximum contiguous space of 11,766 square feet. Currently, 19,422 square feet of space is vacant and ready for immediate…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Nov 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service9.5
Carpet & Flooring Store9.1
Watch Repair Shop8.8

Location

615 3Rd St Des Moines, IA 50309
County assessor · not on file Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
207 9th, Des Moines, IA 50309-3601 $32,000,000 May 2025 54,368 SF
900 Vine, Des Moines, IA 50309 $32,000,000 May 2025 16,800 SF
206 8th, Des Moines, IA 50309-3805 $32,000,000 May 2025 209,469 SF
200 10th, Des Moines, IA 50309-3609 $8,750,000 Jun 2023 61,637 SF
218 6th, Des Moines, IA 50309-4013 $9,200,000 Feb 2023 102,268 SF
106 11th, Des Moines, IA 50309-4255 $900,000 Sep 2022 9,570 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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