Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1100 Cherry St Des Moines, IA 50309

    • Warehouses
    • 19,668 SF
    • 0.45 lot acres
    For Sale
    View listing
    $2,293,270
    Value Estimation
    Location Intelligence
    Property ID
    US25-0232297
    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 1100 Cherry St

    Year built
    1904
    Construction
    FRAME
    Lot size
    0.45 lot acres
    Property size
    19,668 SF
    Zone code
    C-3B
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    020/01458-002-000
    APU
    2001458002000

    Description

    This exceptional 1.5-acre commercial land parcel, situated in the heart of Des Moines' Central Business District at 1100 Cherry St, offers a unique investment opportunity. Priced at $2,293,270 ($35/sq ft), this property boasts a total square footage of 65,522 square feet and is zoned for commercial use. The property includes an existing 16,723 square foot building, delivered "as-is," presenting potential for renovation or redevelopment. Its strategic location near Gray's Landing Office and Retail Park and a future soccer complex ensures high visibility and accessibility. The property benefits from excellent exposure along MLK Jr. Parkway, providing significant marketing advantages for any future development. This prime location in the vibrant Des Moines CBD offers unparalleled potential for a variety of commercial ventures. The property's size and zoning make it suitable for a wide range of uses, providing flexibility for investors and developers. Act quickly to secure this exceptional opportunity in Des Moines' thriving commercial market. The zip code is 50309, located in Polk County, Iowa.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $435,000

    • CAP approach

      CAP return
      Estimation
      6%
      $620,000
      6.5%
      $610,000
      7%
      $590,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $555,000
      Geo Method
      $560,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $575,000
      Retail
      $615,000
      Mixed-Use
      $600,000
      Hospitality
      $520,000
      Educational
      $620,000
      Residential Income
      $605,000
      Energy
      $520,000
      Income-Based Land
      $645,000
      Food Service
      $575,000

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6306
    Latitude
    41.5824
    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
    $19,384
    $324,000
    $198,000
    $522,000
    -
    $324,000
    $198,000
    $522,000

    Comparable in this City

    • Value Estimation by Request
      26,000 SF

      629 9th St

      MINI-WAREHOUSE, STORAGE • 26,000 SF
      629 9th St, Des Moines, IA 50309-4513
      View Details
    • Value Estimation
      $440,000
      18,480 SF

      515 Grand Ave

      MINI-WAREHOUSE, STORAGE • 18,480 SF
      515 Grand Ave, Des Moines, IA 50309-1949
      View Details
    • Value Estimation
      $335,000
      4,494 SF

      500 Grand Ave

      MINI-WAREHOUSE, STORAGE • 4,494 SF
      500 Grand Ave, Des Moines, IA 50309-1922
      View Details
    • Value Estimation by Request
      59,920 SF

      211 Ct Ave

      MINI-WAREHOUSE, STORAGE • 59,920 SF
      211 Ct Ave, Des Moines, IA 50309-2012
      View Details
    • Value Estimation by Request
      23,760 SF

      1514 Walnut St

      MINI-WAREHOUSE, STORAGE • 23,760 SF
      1514 Walnut St, Des Moines, IA 50309-3420
      View Details
    • Value Estimation
      $490,000
      10,975 SF

      848 5th Ave

      MINI-WAREHOUSE, STORAGE • 10,975 SF
      848 5th Ave, Des Moines, IA 50309
      View Details

    Similar Nearby for Sale

    • $1,000,000
      6,955 SF

      Des Moines Warehouse with Fenced Parking

      6,955 SF warehouse with secure, fenced parking and office space.
      500 Shaw St, Des Moines, IA 50309
      View Details
    • Contact for pricing
      41,634 SF

      Des Moines Executive Office Building

      Class A Office Space, Downtown Des Moines
      130 3Rd St, Des Moines, IA 50309
      View Details
    • Contact for pricing
      0.40 Acres

      Des Moines Commercial Land Opportunity

      Prime .396-acre lot, high traffic area.
      606 Watson Powell Jr Way, Des Moines, IA 50309
      View Details
    • $250,000

      Profitable ATV Tour Business

      Turnkey ATV tour business in Tamarindo, Costa Rica.
      Atv Business Opportunity, Des Moines, IA 50309
      View Details
    • Contact for pricing

      Commercial Land Near Corporate Campus

      0.396 acres of commercial land near corporate campus.
      606 Watson Powell Jr Way, Des Moines, IA 50309
      View Details
    • $1,650,000
      7,999 SF

      Downtown Des Moines Restaurant Opportunity

      Former Spaghetti Works space in the Historic Court District.
      310 Court Ave, Des Moines, IA 50309
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,550 SF

      Des Moines Warehouse Space Available

      10,550 SF warehouse space for lease in Des Moines.
      520 SW 5Th St, Des Moines, IA 50309
      View Details
    • Contact for pricing
      7,500 SF

      Downtown Des Moines Warehouse Space

      7,500 SF warehouse space in downtown Des Moines for lease.
      1100 Cherry St, Des Moines, IA 50309
      View Details
    • Contact for pricing
      20,000 SF

      Des Moines Warehouse: 20,000 SF

      Prime Des Moines warehouse, 20,000 sq ft, ample parking.
      113 8Th St, Des Moines, IA 50309
      View Details
    • $5 SF/Yr
      51,728 SF

      Des Moines Flex Space Available

      Industrial Flex Space, 51,728 SF
      601 9Th St, Des Moines, IA 50309
      View Details
    • $16 SF/Yr
      18,378 SF

      Des Moines Executive Office Space

      Prime Des Moines Office, 2,576 sq ft Available
      420 Watson Powell Jr Way, Des Moines, IA 50309
      View Details
    • $6 SF/Yr
      53,600 SF

      RiverPoint Flex Space: Des Moines

      Des Moines flex space; 7,204 SF available.
      600 7Th St, Des Moines, IA 50309
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1100 Cherry St
    Des Moines, IA 50309
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.