1710 Guthrie Ave Des Moines, IA 50316
- Commercial real estate
- 77,270 SF
- 4.77 lot acres
Current Use by Public Records
- Central Iowa Flooring / Carpet Store / Flooring Contractor
- Big Bert's Bazaar, LLC / Thrift Store
- Iowa Reclaimed / General Contractor
- Ants Trucking & Excavating LLC / Excavating Contractor
- Concert Sound Rental / Audiovisual Equipment Rental Service / Audio Visual Equipment Supplier
Property Details for 1710 Guthrie Ave
- Year built
- 2000
- Construction
- STEEL FRAME
- Lot size
- 4.77 lot acres
- Property size
- 77,270 SF
- Zone code
- M-1
- Property type
- Commercial real estate
- APN
- 110/01516-012-001
- APU
- 11001516012001
Description
This exceptional Des Moines industrial property offers 77,270 square feet of flex space in a single building situated on 4.77 acres of land. Built in 1980, the property currently has 8,160 square feet of vacant space available for lease. A significant portion of this vacancy comprises a 4,080 square foot unit, ideal for a variety of businesses. This unit features one dock-high loading door and approximately 500 square feet of finished office space, providing a blend of warehouse and office functionality. The property boasts ample parking for trucks and trailers, catering to logistical needs. Recent major capital improvements have enhanced the property's functionality and appeal. Its strategic location offers excellent visibility from Guthrie Avenue and Dixon Street, with convenient access to Interstates 235 and 80/35, ensuring seamless transportation and distribution. The lease rate for the available space is $6.95 per square foot, NNN. This property presents a compelling opportunity for businesses seeking a well-maintained, strategically located industrial space in the Des Moines market. The entire property is multi-tenant.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,785,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,350,000
- 6.5%
- $3,045,000
- 7%
- $3,060,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,015,000
- Geo Method
- $2,810,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,720,000
- Retail
- $2,725,000
- Mixed-Use
- $3,380,000
- Hospitality
- $2,715,000
- Educational
- $2,865,000
- Residential Income
- $2,670,000
- Energy
- $2,950,000
- Income-Based Land
- $2,755,000
- Food Service
- $3,540,000
Location Insight
- Map
- Local Demand
- City
- Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.59
- Latitude
- 41.6156
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA