1261 8th St West Des Moines, IA 50265-2656
This exceptional 10,500-square-foot medical office building in West Des Moines, Iowa, presents a unique investment opportunity. Located at 1261 8th St, zip code 50265, this single-tenant property offers immediate occupancy. The building is entirely vacant, providing a blank canvas for a medical practice or related business to establish a prominent presence. The property is classified as retail, office, and restaurant space, though currently marketed as medical office space. Its versatile design allows for customization to suit various medical needs. The building's prime location in West Des Moines offers easy access to Interstate 235, providing convenient commutes for both patients and staff. This strategic location ensures high visibility and accessibility to both downtown Des Moines and the western suburbs. The building is part of a larger mixed-use development, which includes 42 residential units, creating a vibrant and active surrounding community. The total square footage available is 10,500 square feet, making it suitable for a large practice or a multi-specialty clinic. This is an unparalleled chance to secure a substantial and well-situated medical office building in a thriving Iowa community. The property's size and location make it an ideal investment for long-term growth and profitability.
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Keystone on 8th Apartment Building
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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