3600 14Th St Des Moines, IA 50316
- Turn key restaurants
- 4,925 SF
- 0.68 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 3600 14Th St
- Year built
- 2000
- Construction
- FRAME
- Lot size
- 0.68 lot acres
- Property size
- 4,925 SF
- Zone code
- C-2
- Property type
- Turn key restaurants
- APN
- 110/02458-001-000
- APU
- 11002458001000
Description
This exceptional Class A retail property, located at 3600 E 14th St in Des Moines, Iowa, is offered at $1,595,000. Boasting 4,925 square feet of vacant space, this property presents a unique opportunity for a discerning investor or business owner. Built in 1971, the single building sits on a 0.682-acre lot and benefits from a highly visible corner location at the intersection of two major highways. This strategic positioning ensures excellent exposure from all four directions, providing unparalleled access to high traffic volume. The property's convenient access to I-235 and I-80/35 guarantees easy accessibility for customers and employees alike. The asking price of $1,595,000 translates to a price per square foot of $323.86. This property is zoned for retail use and is currently vacant, allowing for immediate occupancy and customization to suit a wide range of business needs. The property's prime location in Des Moines, within Polk County, and its convenient zip code of 50316, makes it an ideal investment opportunity. This is a rare chance to acquire a well-situated, high-visibility retail space in a thriving Iowa market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $530,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $440,000
- 6.5%
- $375,000
- 7%
- $405,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $415,000
- Geo Method
- $405,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $405,000
- Retail
- $380,000
- Mixed-Use
- $440,000
- Hospitality
- $380,000
- Educational
- $360,000
- Residential Income
- $400,000
- Energy
- $335,000
- Income-Based Land
- $365,000
- Food Service
- $355,000
Location Insight
- Map
- Local Demand
- City
- Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.6009
- Latitude
- 41.6283
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA