2014 Ovid Ave Des Moines, IA 50313
This exceptional Des Moines investment opportunity encompasses three industrial flex buildings situated at 2014-2016 E Ovid Ave, Polk County, Iowa, 50313. The property is offered at an asking price of $975,000 and presents a diverse range of space options. Building 1 offers 2,160 square feet of space, including 120 square feet of finished area, complemented by two drive-in doors and one loading dock with a dock-high door. Building 2 provides a substantial 4,752 square feet, featuring six drive-in doors. Finally, Building 3 offers 2,800 square feet with four drive-in doors. In total, the property boasts twelve dock-high doors, providing excellent loading and unloading capabilities. The flexible space within each building allows for a variety of uses, making this an ideal investment for businesses seeking adaptable warehouse or light industrial space. The strategic location in Des Moines offers convenient access to major transportation routes and a thriving business community. This multi-building property presents a rare opportunity to acquire a significant industrial portfolio in a prime Des Moines location. The combination of size, features, and location makes this a compelling investment prospect.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
FW · Des Moines, IADes Moines. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.