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Property profile & analytics
FOR LEASE
Investment properties

1601 22Nd St West Des Moines, IA 50265

40,004 SF 2.35 ac lot Built 1972
Individually Owned 3-yr Hold Free & Clear
Property ID
US25-0241547
Property summary
AI-generated overview

This exceptional Class B office building, located at 1601 22nd Street in West Des Moines, Iowa, offers a variety of flexible spaces to suit your business needs. The property boasts a total of 40,004 square feet situated on a generous 2.351 acres of land. Multiple tenancy options are available, ranging from 1,500 square feet to a substantial 23,000 square feet. Suites are available on the first and second floors, with partial space also available on the third floor. The building features attractive tenant finishes and convenient card access for enhanced security. This highly visible location in West Des Moines, Iowa (zip code 50266) provides excellent exposure and accessibility for your business. The property is in move-in condition, making it an ideal solution for businesses seeking immediate occupancy. The building's traditional office layout offers a classic and functional workspace. This is a rare opportunity to secure prime office space in a desirable West Des Moines location. Contact us today to learn more about available suites and lease terms.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1972
Construction STEEL FRAME
Total area 40,004 SF
Lot 2.35 ac (102,410 SF)
Zoning code RC
APN 320/04947-031-083
UPID US25-0241547
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
Current use
Occupant on record · Public records
  • Ahlers L J CPA Accounting Firm Tax Preparation
  • Deege Mike Law Firm
  • James J Kane Law Firm Law Firm
  • Senior Wyze Senior Care & Assisted Living West DesMoines Nursing Home Retirement Community
  • Shazam Atm Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Richard B Margulies · 3 yrs held
Richard B Margulies
since 2022
Last sale
$300,000
4 recorded transactions
2022
Price N/A
2021
Price N/A
2021
$300,000
2019
Price N/A
Zoning & alternative use
RC · West Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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