Property summary
This exceptional 492-square-foot retail property, located at 1221 25th St in Des Moines, Iowa, presents a unique investment opportunity. Priced at $300,000 ($609.76 per square foot), this single-story building, constructed in 1980, sits on a 0.26-acre lot. Previously used as a US Bank drive-up branch, the property is zoned C-1 Neighborhood Retail, offering a multitude of potential uses. The building's layout and existing infrastructure provide a solid foundation for various retail or office ventures. Entrepreneurs and investors will appreciate the flexibility this space offers, allowing for creative redevelopment to suit a range of business needs. Its prime Des Moines location ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a well-established and convenient location. The property's size and zoning make it ideal for a variety of uses, from a small retail store to a professional office. This is an excellent opportunity to acquire a well-situated property in a thriving Iowa market. The 0.26-acre lot provides ample space for potential expansion or outdoor amenities. Don't miss this chance to own a piece of Des Moines' commercial landscape.
Property profile
VerifiedCap rate & NOI
Current use
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Atm
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Des Moines, IAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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