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    FOR SALE
    Commercial real estate

    1220 3Rd St Des Moines, IA 50314

    0.17 ac lot
    Property ID
    US25-0578066
    1220 3Rd St, Des Moines, IA 50314 For Sale 1 / 28
    $45,000
    1220 3Rd St, Des Moines, IA 50314
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    Property summary
    AI-generated overview

    This exceptional 0.172-acre commercial land parcel, located at 1220 3rd Street in Des Moines, Iowa, presents a unique investment opportunity. Priced at $45,000, this property offers significant potential for development. The lot size is 7,500 square feet, providing ample space for a variety of commercial ventures. The property is zoned N5 - Neighborhood District, which allows for a range of commercial uses, subject to city approvals. Situated in Polk County, with a 50314 zip code, this location benefits from convenient access to Des Moines' amenities and infrastructure. The precise coordinates are 41.6010931 latitude and -93.6218485 longitude. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving Iowa market. Serious inquiries are encouraged to explore the possibilities this property offers. The property is being sold as-is. All interested parties are responsible for conducting their own due diligence regarding zoning regulations and permitted uses.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.17 ac (7,492 SF)
    UPID US25-0578066
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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