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    201 Southeast 6Th St Des Moines, IA 50309
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    Property profile & analytics

    201 Southeast 6Th St, Des Moines, IA 50309

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    • Apartment buildings
    • 190,019 SF
    • 2.48 lot acres
    East Village Mixed-Use Development For Lease
    $14 SF/Yr
    2,639 SF

    East Village Mixed-Use Development

    New mixed-use development with commercial space in the East Village.

    201 Southeast 6th Street, Des Moines, IA 50309
    View Listing
    Property ID
    US25-0000198
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $44,270,000
    Cap Rate Potential
    3.3%
    Apartment buildings
    Location Intelligence

    Current Use by Public Records

    • District at 6th / Real Estate Agency

    Property Details for 201 Southeast 6Th St

    Year built
    2019
    Construction
    FRAME
    Lot size
    2.48 lot acres
    Property type
    Apartment buildings
    APN
    040/01207-000-001
    APU
    4001207000001

    Description

    This exceptional retail or restaurant space is located in the brand-new District @ 6th mixed-use building in Des Moines, Iowa. Situated at 201 SE 6th St, zip code 50309, this single-tenancy property offers a fantastic opportunity for businesses seeking a vibrant and modern location. Built in 2022, the building is part of a thriving development in Polk County. The space is ideal for a variety of commercial uses, catering to both restaurant and retail establishments. Its prime location within the District @ 6th development ensures high visibility and accessibility for customers. The property's modern design and construction provide a blank canvas for businesses to create their ideal space. This is a unique chance to establish a presence in a rapidly growing area of Des Moines, benefiting from the energy and foot traffic of a new mixed-use development. The property is located in Polk County, Iowa, offering easy access to major transportation routes and a diverse customer base. This single-tenant space provides the perfect opportunity for a business to establish a strong foothold in a desirable Des Moines location. The building itself is a single structure, ensuring a cohesive and easily managed space for the tenant.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $47,685,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $47,888,000
      Market price range: $14.6M - $47.9M
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $27,980,000
      Current use
      COMMERCIAL (GENERAL)
      $33,545,000
      Change: +20% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $32,720,000
      Change: +17% Conversion: Difficult
      MEDICAL BUILDING
      $31,625,000
      Change: +13% Conversion: Moderate
      RESTAURANT
      $29,330,000
      Change: +5% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6073
    Latitude
    41.5851
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $1,620,000
    $35,680,000
    $37,300,000
    -
    $1,620,000
    $35,680,000
    $37,300,000
    View Listing
    More about this property
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