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Property profile & analytics
FOR LEASE
Strip malls

1111 East Army Post Rd Des Moines, IA 50315

402,000 SF 34.68 ac lot Built 2012
Entity Owned 1-yr Hold Free & Clear
Property ID
US25-0370846
Property summary
AI-generated overview

This exceptional 87,120 square foot commercial land parcel presents a unique investment opportunity in Des Moines, Iowa. Located at 1111 E Army Post Rd, in Polk County, zip code 50315, this single-tenant property is ideally suited for a variety of development projects. The site offers significant potential for businesses seeking a prominent location within a thriving community. The property is available for lease, sale, or build-to-suit arrangements, providing flexibility to meet diverse development needs. Its expansive size allows for substantial construction, accommodating large-scale projects or multiple smaller developments. The strategic location in Des Moines, within Polk County, ensures excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in the area. Interested parties are encouraged to explore the possibilities this prime commercial land offers. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a significant land parcel in a desirable location with high growth potential. The property's size and location make it an ideal candidate for a wide range of commercial ventures. Don't miss this chance to secure a valuable asset in a dynamic market.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2012
Construction STEEL FRAME
Total area 402,000 SF
Lot 34.68 ac (1,510,487 SF)
Zoning code C-4
APN 120/04965-211-004
UPID US25-0370846
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Drake University Head Start/Early Head Start High School Daycare Center
  • Maurices Clothing & Fashion Store
  • DMACC Southridge Center Learning Center Community College
  • Bellevue University University
  • Capitol Ice Academy Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.43M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.43M
Owner & transaction history
Native Real Estate LLC · 1 yrs held
Native Real Estate LLC
since 2024
Last sale
$1.4M
3 recorded transactions
2024
$4.0M
2024
Price N/A
2024
$1.4M
Zoning & alternative use
C-4 · Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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