113 8th St Des Moines, IA 50309
Property profile & analytics
113 8th St, Des Moines, IA 50309
- Industrial properties
- 25,416 SF
- 1.04 lot acres
Property ID
US25-0306512
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.
Location Intelligence
Current Use by Public Records
- 113 SW 8th St Parking / Parking Lot & Garage
Property Details for 113 8th St
- Year built
- 1970
- Construction
- STEEL FRAME
- Lot size
- 1.04 lot acres
- Zone code
- C-3A
- Property type
- Industrial properties
- APN
- 020/01124-001-000
- APU
- 2001124001000
Description
This exceptional industrial property, the Lortex Building, presents a significant opportunity for a single tenant. Located at 113 SW 8th St, Des Moines, IA 50309, this warehouse boasts a total of 20,000 square feet of space, all currently available for lease. The building is a two-story structure situated on a 1.04-acre lot, providing ample room for operations and potential expansion. The property offers convenient access to major transportation routes, placing it within easy reach of Des Moines's vibrant business community. Its strategic location along the MLK corridor offers proximity to key attractions including the new soccer stadium, Principal Park, and the new Market District Park, enhancing visibility and accessibility. The building includes 95 surface parking spaces, ensuring convenient parking for employees and clients. The lease rate is $8.00 per square foot, modified gross. This is a rare opportunity to secure a substantial, well-located warehouse in a thriving area of Des Moines. The entire 20,000 square feet is ready for immediate occupancy. Don't miss this chance to establish your business in a prime Des Moines location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $725,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,025,000
Market price range: $1.03M - $3.37M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $1,845,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.6255
- Latitude
- 41.5823
- 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
$40,840
$751,000
$359,000
$1,110,000
-
$751,000
$359,000
$1,110,000
