1800 Hull Ave Des Moines, IA 50313
- Manufacturing properties
- 35,100 SF
- 5.33 lot acres
Current Use by Public Records
- Royal Flooring Outlet / Flooring Store
Property Details for 1800 Hull Ave
- Year built
- 1985
- Construction
- STEEL FRAME
- Lot size
- 5.33 lot acres
- Property size
- 35,100 SF
- Zone code
- M-2
- Property type
- Manufacturing properties
- APN
- 110/06599-009-006
- APU
- 11006599009006
Description
This exceptional Class A warehouse property, located at 1800 Hull Avenue in Des Moines, Iowa, offers a diverse range of space options perfect for various industrial needs. The building, constructed in 1985 and extensively renovated in 2014, boasts a total of 70,660 square feet across six suites. Individual spaces range from a minimum of 7,513 square feet to a maximum contiguous space of 70,660 square feet, providing flexibility for businesses of all sizes. The property sits on a generous 5.33-acre lot and features impressive amenities including 3 dock-high doors and 32 drive-in doors, ensuring efficient loading and unloading. High ceilings, ranging from 13 to 23 feet, accommodate a variety of storage and operational needs. Ample parking is provided with 90 spaces available. The building benefits from robust 1200 Amp, 3-phase electrical service. Strategically located in Northeast Des Moines, this property enjoys convenient access to I-235 via Euclid Avenue, enhancing logistical efficiency. The property is situated in Polk County, Iowa, with a zip code of 50313. This is a rare opportunity to lease high-quality industrial space in a prime Des Moines location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,990,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,095,000
- 6.5%
- $4,965,000
- 7%
- $4,465,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,190,000
- Geo Method
- $4,560,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,080,000
- Retail
- $4,215,000
- Mixed-Use
- $5,115,000
- Hospitality
- $4,805,000
- Educational
- $4,635,000
- Residential Income
- $4,055,000
- Energy
- $4,955,000
- Income-Based Land
- $3,770,000
- Food Service
- $5,250,000
Location Insight
- Map
- Local Demand
- City
- Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.5877
- Latitude
- 41.6229
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA