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    Property profile & analytics
    OFF-MARKET
    Commercial land

    170 68th St, West Des Moines, IA 50266

    1.4 ac lot
    Entity Owned Free & Clear
    Property ID
    US25-0162367
    Property summary
    AI-generated overview

    This exceptional 1.4-acre parcel, located at 170 S. 68th Street in West Des Moines, Iowa, presents a unique opportunity for commercial development. Zoned PCP (Professional Commerce Park), this property offers significant potential for a variety of uses. The asking price is $930,000, translating to approximately $15.25 per square foot. The lot encompasses 60,984 square feet and boasts a highly desirable location, situated just east of Jordan Creek Town Center, Iowa's largest mall. This prime location ensures high visibility and accessibility, surrounded by a thriving commercial environment. Nearby businesses include Smash Park, Hyatt Place Hotel, Hilton Garden Inn, First Interstate Bank, Central State Bank, Realty One, and Push Pedal Pull, indicating a strong and diverse commercial presence. The property's zoning allows for a range of commercial developments, making it an attractive investment for developers seeking a strategic location with high growth potential in a bustling area of West Des Moines. The property's address is 170 S 68th St, West Des Moines, IA 50266, and its APN is 1613201006. The property is also zoned for high-density residential use, offering additional development flexibility.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 1.4 ac (60,984 SF)
    APN 1613201006
    UPID US25-0162367
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Caliber Holdings III LLC
    Caliber Holdings III LLC
    since 2025
    3 recorded transactions
    2026
    2025
    $775,000
    2018
    $519,875
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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