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Property profile & analytics
OFF-MARKET
Land

60th St. & Ml Civic Pkwy West Des Moines, IA 50266

4.19 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.19-acre commercial land parcel is situated at the southeast corner of S. 60th Street and Mills Civic Parkway in West Des Moines, Iowa (zip code 50266). The property is zoned PUD - Support Commercial (SC) District, subject to certain restrictions. This prime location offers significant development potential, boasting high visibility and accessibility. The site is strategically positioned within a thriving retail and commercial corridor, adjacent to the Glen Oaks gated community and the soon-to-be-completed Glen Meadows Retirement Community. Across the street, you'll find established retailers such as REI and The Container Store. Furthermore, the property enjoys close proximity to Jordan Creek Town Center, Iowa's largest mall, and other major retailers including Costco, Dick's Sporting Goods, Lowe's, and Scheels. The area also benefits from the presence of substantial employers like Wells Fargo, IMT Insurance, Athene USA, and Sammons Financial. Traffic counts on Mills Civic Parkway average 39,100 vehicles per day (Iowa DOT 2016 data). The property is currently divided into three lots: Lot 1 (2.33 acres) is under contract

Property profile
Verified
Property type Land
Lot 4.19 ac (182,516 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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