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Property profile & analytics

1433 Walnut St Des Moines, IA 50309

  • Retail space
  • 5,628 SF
  • 0.19 lot acres
Value Estimation
Location Intelligence
Property ID
US25-0404822
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.

Current Use by Public Records

  • Gigi's Pilates Studio / Pilates Studio
  • Elevate Health / Mental Health Service
  • Teehee's Comedy Club / Comedy Club

Property Details for 1433 Walnut St

Year built
2020
Construction
FRAME
Lot size
0.19 lot acres
Property size
5,628 SF
Zone code
C-3A
Property type
Retail space
APN
020/01736-001-000
APU
2001736001000

Description

This exceptional Des Moines retail property, located at 1433 Walnut St, offers 5,628 square feet across three suites in a single-story building. A significant 3,295 square feet is currently available, presenting a fantastic opportunity for expansion or new tenancy. Built in 1948 and extensively renovated in 2020, the property boasts modern amenities while retaining its character. Situated on a 0.188-acre lot (8,201 square feet), it benefits from ample space and convenient access. The property's zoning is DX2, Downtown District, reflecting its prime location within the Western Gateway area of downtown Des Moines. Its proximity to 15th St and public transportation ensures high visibility and accessibility. The building features adequate power to support various retail or restaurant uses. This location offers the advantage of being within walking distance of popular local establishments like Exile Brewing Company, making it an attractive destination for customers. The property's recent renovation ensures it's ready for immediate occupancy, providing a move-in ready space for discerning businesses. This is a rare opportunity to secure a well-located, renovated retail space in the heart of Des Moines' vibrant downtown area.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Des Moines
County
Polk
State
Iowa
Longitude
-93.6361
Latitude
41.5837
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
$12,582
$271,000
$601,000
$872,000
-
$271,000
$601,000
$872,000
More about this property
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