80 Vine St Des Moines, IA 50315
This exceptional commercial land opportunity presents a unique redevelopment project in the heart of Des Moines, Iowa. Encompassing three separate parcels totaling between 1.76 and 3.27 acres, this property offers significant potential for a variety of uses. The parcels are strategically located between 8th and 12th Streets, north of Martin Luther King Jr. Parkway, benefiting from exceptional visibility and accessibility. The site boasts a high daily traffic volume exceeding 13,400 vehicles at the intersection of 8th Street and Martin Luther King Jr. Parkway, ensuring high exposure for any development. Surrounding the property are diverse existing developments including single-family and multi-family residential, retail, office, commercial, and hospitality establishments, creating a vibrant and established neighborhood. The property's proximity to the 800 Mulberry Parking Garage further enhances its appeal and presents an additional redevelopment opportunity. Potential uses could include office space, retail establishments, or entertainment venues. Individual parcel sizes and pricing are negotiable. The 80 8th Street parcel is 1.81 acres
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.