1495 Keosauqua WayDes Moines, IA 50314

Property Details for 1495 Keosauqua Way

Year built

1970

Construction

FRAME

Lot size

0.14 AC

Property size (Sq ft)

18,300 SF

Zone code

C-2

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

030/03181-000-000

APU

3003181000000

Description

This Des Moines property offers 18,300 square feet of flexible space, ideal for a variety of businesses. The building features three stories, with multiple tenancy options available ranging from 6,100 to 12,200 contiguous square feet. The first floor provides 6,100 square feet of industrial/shop space, including three drive-in doors, one of which leads to an interior loading dock. Three built-out offices are also located on this floor. The second floor offers another 6,100 square feet, encompassing an open work area, eight private offices, a restroom, a storage room, and a large open area with its own drive-in bay. A unique feature is a conveyor system connecting the second floor to a third-floor cold storage space included with a second-floor lease. The property is located in Polk County, Iowa, at 1495 Keosauqua Way, Des Moines, IA 50314. This versatile space is perfect for businesses needing a blend of office and warehouse functionality. The building's layout allows for customization to suit specific operational needs. Contact us today to learn more about leasing opportunities.

• CAP approach

  CAP return

  Valuation

  6%

  $3,190,831

  6.5%

  $2,945,382

  7%

  $2,734,998

• Comparable approach

  Method

  Valuation

  Relative Method

  $934,032

  Geo Method

  $934,032

• Alternative Use

  Use

  Valuation

  Residential

  $3,652,274

  Hospitality

  $3,345,464

  Educational

  $2,783,386

  Medical

  $2,879,112

  Retail

  $4,329,712

Location Insight

City

Des Moines

County

Polk

State

Iowa

Latitude

41.5989

Longitude

-93.6374

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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