1500 NW 118Th St Des Moines, IA 50325
For Sale
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This exceptional executive office building, located at 1500 NW 118th St in Des Moines, Iowa, presents a unique investment opportunity. The property boasts a substantial 86,892 square feet of total building space, ideally suited for a single tenant seeking a prestigious and expansive office environment. Situated on a generous 12.21-acre lot, the property offers ample parking and potential for future expansion or development. The building's classification as an "Executive Office" suggests high-quality finishes and amenities, making it an attractive option for businesses seeking a sophisticated and functional workspace. The property's location in Des Moines, Iowa, zip code 50325, provides convenient access to major transportation routes and a thriving business community. This single-tenancy building offers a rare opportunity to acquire a significant and well-positioned office property in a desirable market. The sale or lease of this property presents a compelling proposition for businesses seeking to establish a strong presence in the Des Moines area. The substantial lot size provides flexibility for future development or expansion, adding further value to this already impressive offering. Interested parties are encouraged to explore this opportunity further. The property's size and location make it an ideal choice for a variety of businesses seeking a prominent and functional office space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Des Moines, IADes Moines. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.