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    420 Watson Powell Jr Way Des Moines, IA 50309

    • Investment properties
    • 38,100 SF
    • 0.32 lot acres
    For Lease
    View listing
    $16 SF/Yr
    Value Estimation
    $1,150,000
    Location Intelligence
    Property ID
    US25-0361569
    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

    • Des Moines Area Metropolitan Planning Organization (MPO) / Government Office
    • The Weitz Company / General Contractor / Construction Company
    • Containerlocator / Electronics Repair Shop
    • Iowa Bureau of Refugee Services / State Government Office
    • Iowa Department of Health and Human Services Child Support Recovery - Des Moines South / State Government Office / Department Of Social Services

    Property Details for 420 Watson Powell Jr Way

    Year built
    1984
    Construction
    STEEL FRAME
    Lot size
    0.32 lot acres
    Property size
    38,100 SF
    Zone code
    C-3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    030/03741-002-000
    APU
    3003741002000

    Description

    This exceptional Des Moines office space, located at 420 Watson Powell Jr Way, offers 2,576 square feet of immediately available space within a larger 18,378 square foot building. The property is classified as Class C and features a flexible layout suitable for various executive office needs. The building's design incorporates traditional office space along with dedicated storage areas, catering to diverse business requirements. The address is conveniently situated in Polk County, Iowa, with a zip code of 50309, providing easy access to Des Moines' amenities and transportation networks. The available space is part of a multi-tenant building, offering a collaborative and professional environment. This listing presents a unique opportunity to secure a well-located, functional office space in a thriving Des Moines business district. The property's size and layout provide ample room for expansion or customization to meet specific business needs. The available 2,576 square feet is ready for immediate occupancy, eliminating lengthy build-out periods. Interested parties are encouraged to inquire promptly to secure this desirable office space. The property is categorized as an Executive Office, Traditional Office, and includes Storage Space. The building's total square footage is 18,378 square feet.

    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
    -93.6236
    Latitude
    41.5893
    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
    2020
    $58,976
    $762,000
    $678,000
    $1,440,000
    -
    $762,000
    $678,000
    $1,440,000

    Comparable in this City

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      624 Grand Ave

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    Des Moines, IA 50309
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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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