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    1200 Army Post Rd Des Moines, IA 50315-5943
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    Property profile & analytics

    1200 Army Post Rd, Des Moines, IA 50315-5943

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    • Strip malls
    • 120,460 SF
    • 8.43 lot acres
    Off-Market
    Last Sale Nov 21, 2022
    $1,357,500
    Property ID
    US25-0504041
    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.

    Value Estimations
    $1,430,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details for 1200 Army Post Rd

    Year built
    2001
    Construction
    STEEL FRAME
    Lot size
    8.43 lot acres
    Zone code
    C-2
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    120/07211-002-001
    APU
    12007211002001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 21, 2022 $1,357,500 Hurd Southbridge LLC Cutler Investments LLC Warranty Deed —

    Description

    This exceptional Class A retail property, located at 1200 E Army Post Rd in Des Moines, Iowa, presents a prime investment opportunity. The property, known as Gems by IndusPAD, comprises two buildings totaling 144,138 square feet situated on 15 acres of land. Built in 2001, the single-story structures are zoned C-2 and boast a convenient location directly across from Southridge Mall, ensuring high visibility and substantial foot traffic. Currently, there is 63,137 square feet of vacant space available, offering significant potential for multiple tenants. The minimum divisible space is 63,137 square feet, with a maximum contiguous space of the same size. The property is categorized as a multi-tenant retail space suitable for restaurants, storefronts, or medical storefronts. Its location within the Des Moines submarket of Polk County, Iowa (zip code 50315), provides easy access to major transportation routes and a thriving consumer base. This is an unparalleled chance to acquire a substantial retail center in a highly desirable location. The property offers a unique opportunity for a single large tenant or the potential for multiple smaller tenants. This is a rare opportunity to acquire a significant retail asset in a prime Des Moines location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,225,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6003
    Latitude
    41.5274
    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
    $297,856
    $1,780,000
    $5,610,000
    $7,390,000
    -
    $1,780,000
    $5,610,000
    $7,390,000
    More about this property
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