332 5Th St West Des Moines, IA 50265
- Commercial real estate
- 1,920 SF
- 0.14 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 332 5Th St
- Year built
- 1900
- Construction
- FRAME
- Lot size
- 0.14 lot acres
- Property size
- 1,920 SF
- Zone code
- VJHB
- Property type
- Commercial real estate
- APN
- 320/04590-002-000
- APU
- 32004590002000
Description
This exceptional 5,000 square foot retail space, located at 332 5th Street in West Des Moines, Iowa (zip code 50265), presents a unique investment opportunity. Currently configured as a single-tenant property, it's ideally suited for a restaurant or other street-level retail business. The building sits on a generous 6,200 square foot lot, offering ample space and potential for outdoor seating or expansion. Its prime location in the heart of Valley Junction ensures high visibility and convenient access for customers. The property's build-to-suit potential allows for customization to meet specific business needs. This is a ground lease opportunity, providing a flexible and potentially cost-effective entry point into a thriving West Des Moines market. The corner location offers excellent visibility and potential for a patio area, making it particularly attractive to restaurants. The property's address is 332 5th Street, West Des Moines, IA 50265. Its geographic coordinates are latitude 41.5737445 and longitude -93.7091696. This is a rare chance to secure a highly visible and adaptable retail space in a desirable location. Don't miss this chance to establish your business in a vibrant and growing community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $275,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $310,000
- 6.5%
- $280,000
- 7%
- $265,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $310,000
- Geo Method
- $310,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $275,000
- Retail
- $330,000
- Mixed-Use
- $300,000
- Hospitality
- $320,000
- Educational
- $270,000
- Residential Income
- $320,000
- Energy
- $285,000
- Income-Based Land
- $250,000
- Food Service
- $300,000
Location Insight
- Map
- Local Demand
- City
- West Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.7093
- Latitude
- 41.5737
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA