1801 Industrial Cir West Des Moines, IA 50265
- Investment properties
- 21,668 SF
- 4.08 lot acres
Current Use by Public Records
- Ultimate Hail & Dent / Auto Repair Shop
- Fixxt Creative Strategies / Graphic Designer
- Ultimate Hail & Dent Co / Car Repair And Maintenance Service
Property Details for 1801 Industrial Cir
- Year built
- 1990
- Construction
- STEEL FRAME
- Lot size
- 4.08 lot acres
- Property size
- 21,668 SF
- Zone code
- GI
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 320/04927-026-002
- APU
- 32004927026002
Description
This exceptional West Des Moines property, located at 1801 Industrial Circle, offers a unique blend of office and industrial space, ideal for a variety of businesses. The property encompasses a two-story, 21,668-square-foot building situated on a 4.08-acre lot in Polk County, Iowa (zip code 50265). The building features two suites, with a minimum divisible space of 5,000 square feet and the option to lease the entire 21,668 square feet contiguously. The first floor provides 11,446 square feet, including 2,576 square feet of dedicated industrial/storage space. The second floor offers 10,222 square feet of office space. The building boasts a steel frame construction, 25-foot floor-to-ceiling height, and four drive-in doors for convenient loading and unloading. Ample parking is available with a 38,000-square-foot paved lot. The property is zoned GI - General Industrial and presents a development opportunity with the potential to add up to 12,250 square feet of additional space. This versatile property is perfect for businesses seeking a combination of office and warehouse space in a prime West Des Moines location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,215,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,050,000
- 6.5%
- $3,165,000
- 7%
- $3,135,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,235,000
- Geo Method
- $3,205,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,825,000
- Retail
- $3,750,000
- Mixed-Use
- $3,480,000
- Hospitality
- $3,690,000
- Educational
- $3,505,000
- Residential Income
- $3,210,000
- Energy
- $3,100,000
- Income-Based Land
- $3,690,000
- Food Service
- $3,525,000
Location Insight
- Map
- Local Demand
- City
- West Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.7306
- Latitude
- 41.5593
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA