913 9Th StWest Des Moines, IA 50265

  • Mixed-use properties
  • 3,724 SF
For Lease
$19.20/SF/YR View listing

Property Details for 913 9Th St

Year built
1979
Construction
FRAME
Lot size
0.42 AC
Property size (Sq ft)
3,724 SF
Zone code
NC
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
320/01081-002-000
APU
32001081002000

Description

This exceptional West Des Moines office property, located at 913 & 917 9th Street (cross street: Grand Avenue), offers a rare opportunity to lease flexible, high-quality space. The property consists of two single-story buildings totaling 6,376 square feet, built in 1968 and zoned for commercial use. Currently, 4,139 square feet of space is available, divisible into units as small as 500 square feet, with a maximum contiguous space of 2,081 square feet. The property is classified as Class C. Each suite boasts desirable features including a private restroom and private entry, ensuring privacy and convenience for tenants. Building signage is prominently visible from 9th Street, providing excellent visibility for your business. Ample parking is available with 30 spaces provided for tenants and visitors. The ceiling height throughout the buildings is 10 feet. The lot size is 0.64 square feet. This property is ideal for businesses seeking a flexible and well-located office space in a thriving West Des Moines commercial area. The property is situated in West Des Moines, Iowa, zip code 50265.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $649,307
    6.5%
    $599,360
    7%
    $556,549
  • Comparable approach

    Method
    Valuation
    Relative Method
    $190,073
    Geo Method
    $190,073
  • Alternative Use

    Use
    Valuation
    Residential
    $743,206
    Hospitality
    $680,773
    Educational
    $566,395
    Medical
    $585,874
    Retail
    $881,059
913 9Th St, West Des Moines, Iowa
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Location Insight

City
West Des Moines
County
Polk
State
Iowa
Latitude
41.5834
Longitude
-93.7137
CBSA code
19780
CBSA name
DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$5,014
$186,000
$60,000
$246,000
-
$186,000
$60,000
$246,000

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