Property profile

5914 14Th St Des Moines, IA 50315

OFF-MARKET
Retail properties & Spaces
30,684 SF 1.42 ac lot Built 1960
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Property summary

AI-generated overview

This Des Moines retail property, located at 5914 SE 14th St, offers 2,700 square feet of available space in a high-traffic location at the corner of SE 14th St and E Diehl Ave. The property is part of a larger retail center with a total of 30,684 square feet across three single-story buildings, built in 1960 and renovated in 2010. The space includes access to a 300 square foot private storage area and a convenient drive-in garage door. The minimum divisible space is 2,400 square feet, with a maximum contiguous space of 2,700 square feet. The property sits on a 1.42-acre lot and boasts 45 total parking spaces for customer convenience. Utilities are separately metered, with water/sewer and electricity averaging approximately $150 per month. The property is zoned MX3-V Mixed Use District and is situated in the South Des Moines submarket, near popular retailers such as Kum & Go, Tasty Tacos, Culver's, Menards, Aldi, and Starbucks, ensuring high visibility and foot traffic. The monthly rental rate is $2,266 plus utilities. The property's Class C designation reflects its solid functionality and potential for a variety of retail uses. This is an excellent opportunity for businesses seeking a well-located, affordable retail space in a thriving Des Moines neighborhood. The APN is 120/00156-007-002.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1960
Total area 30,684 SF
Lot 1.42 ac (62,029 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Specialty Food Shop
  • Discount Store (Bike/Boat/Book/etc) Store

Location

5914 14Th St Des Moines, IA 50315
Des Moines metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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