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    990 Broadway Ave Des Moines, IA 50313

    • Warehouses
    • 184,320 SF
    • 5.10 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US25-0118601
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 990 Broadway Ave

    Year built
    2022
    Construction
    STEEL FRAME
    Lot size
    5.10 lot acres
    Property size
    184,320 SF
    Property type
    Warehouses
    APN
    110/06475-403-006
    APU
    11006475403006

    Description

    This exceptional Class A industrial property, completed in 2022, offers 186,300 square feet of flexible space across two single-story buildings situated on a generous 60.11-acre lot in Des Moines, Iowa. Located at 990 NE Broadway Ave, zip code 50313, this development boasts a strategic location at the intersection of Interstates 80 and 35, providing unparalleled access to major transportation arteries. The high ceilings, measuring 32 feet, offer ample vertical space for various industrial and logistical needs. The property is designed to accommodate multiple tenants, making it ideal for businesses of varying sizes. Its Polk County location places it within easy reach of a significant population center, and within a six-hour drive of major metropolitan areas including Chicago, Minneapolis, St. Louis, Kansas City, and Omaha. This presents a unique opportunity for businesses seeking efficient distribution and logistics capabilities across a wide geographic area. The property's modern design and prime location make it an attractive option for companies seeking a competitive edge in the Des Moines market. This is a truly exceptional opportunity to secure space in a state-of-the-art industrial facility with unparalleled connectivity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6058
    Latitude
    41.644
    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
    2023
    $0.00
    $666,000
    $16,034,000
    $16,700,000
    -
    $666,000
    $16,034,000
    $16,700,000

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    990 Broadway Ave
    Des Moines, IA 50313
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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