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Property profile & analytics
OFF-MARKET
Land

0 Harmony Ave & Calvin Dr West Des Moines, IA null

Property ID
Property summary
AI-generated overview

This exceptional 4.04-acre parcel in West Des Moines, Iowa, presents a unique investment opportunity for developers. Situated at the intersection of Harmony Avenue and Calvin Drive, this shovel-ready site is zoned for townhouse development, eliminating lengthy permitting delays and allowing for immediate project commencement. The land is already prepared with necessary infrastructure, significantly reducing upfront development costs and accelerating the timeline to completion. Given the robust demand for housing within the Des Moines metro area, this property offers substantial potential for significant returns. Its prime location in West Des Moines ensures high desirability among prospective residents, promising strong occupancy rates and rental income. The absence of existing structures allows for complete design flexibility, enabling the creation of a residential community tailored to the current market trends and preferences. This is a rare opportunity to capitalize on the thriving housing market in one of Iowa's most sought-after locations. The property's readiness for immediate development makes it an attractive proposition for investors seeking a quick return on their investment. This is a truly exceptional opportunity to build a thriving residential community in a highly desirable area. The site's size and zoning allow for a substantial number of townhomes, maximizing the potential for profit. Don't miss this chance to acquire a premier development site in West Des Moines. The asking price is $799,000.

Property profile
Verified
Property type Land
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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