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    1500 Euclid Ave Des Moines, IA 50313

    • Commercial real estate
    • 1.03 lot acres
    For Sale
    View listing
    $800,000
    Value Estimation
    Last Sale
    Jan 19, 2022
    $525,000
    Location Intelligence
    Property ID
    US25-0080611
    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

    • Commercial real estate

    Property Details for 1500 Euclid Ave

    Lot size
    1.03 lot acres
    Property type
    Commercial real estate
    APN
    110/00554-010-014
    APU
    11000554010014

    Description

    This exceptional 1.03-acre commercial land parcel, located at 1500 E Euclid Ave in Des Moines, Iowa, presents a unique build-to-suit opportunity. Zoned PUD for Retail/Office development, this property offers significant potential for investors and developers seeking a strategic location with high visibility. The asking price is $800,000. The site boasts a prominent position just 10 minutes from Downtown Des Moines, providing easy access to a substantial customer base. Its strategic location offers excellent connectivity to major transportation arteries, including Highway 69 (with a daily traffic volume of 34,000 vehicles) and the regional interstates I-235 and I-35, ensuring high traffic flow and convenient access for businesses and customers. The property is situated in Polk County, Iowa, with a zip code of 50313. This build-to-suit land is available for sale or ground lease, providing flexibility for various development scenarios. The property's prime location and zoning make it ideal for a wide range of commercial developments, catering to the needs of businesses seeking a high-traffic, easily accessible location in a thriving Des Moines market. This is a rare opportunity to acquire a strategically located parcel of land with significant development potential.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $475,000

    • CAP approach

      CAP return
      Estimation
      6%
      $535,000
      6.5%
      $515,000
      7%
      $510,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $490,000
      Geo Method
      $565,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $630,000
      Retail
      $560,000
      Mixed-Use
      $490,000
      Hospitality
      $610,000
      Educational
      $555,000
      Residential Income
      $545,000
      Energy
      $470,000
      Income-Based Land
      $630,000
      Food Service
      $610,000

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.5981
    Latitude
    41.6282
    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
    $566,000
    $0.00
    $566,000
    -
    $566,000
    $0.00
    $566,000

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    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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