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Property profile & analytics
OFF-MARKET
Strip malls

230 68th St 114 West Des Moines, IA 50266-8176

10,990 SF 0.45 ac lot Built 2005
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US25-0020145
Property summary
AI-generated overview

This exceptional 2,336 square foot executive office space is available for lease within the Plaza at Jordan Creek, a multi-tenant building located in Polk County. The property boasts a highly visible location on S. 68th Street, offering excellent exposure to a large customer base. Situated adjacent to the expansive 1.3 million square foot Jordan Creek Town Center retail development, this location benefits from significant foot traffic and high visibility. The building itself is ideally suited for both office and retail uses, providing a versatile space for a variety of businesses. The surrounding area is densely populated, with numerous single-family and multi-family residential developments, along with a mix of retail, commercial, and hospitality establishments, ensuring a strong customer base and convenient access for employees. The total building size is 17,048 square feet, with a current vacancy of 2,336 square feet, presenting a unique opportunity for a business seeking a prominent location in a thriving commercial area. Existing tenants include a diverse range of businesses, such as Refinery Hair, Push, Pedal, Pull Fitness & Equipment, ANP Foot & Ankle Clinic, Midwest Men's Clinic, A Grade Ahead, and Jordan Creek Family Medicine, creating a vibrant and established business community. This property offers a compelling combination of high visibility, convenient location, and a strong surrounding demographic, making it an ideal choice for businesses seeking to establish or expand their presence in a prime Polk County location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Total area 10,990 SF
Lot 0.45 ac (19,410 SF)
APN 1613202001
UPID US25-0020145
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
Current use
Occupant on record · Public records
  • Grunewald Dale DO Pediatrician Physician
  • Refinery Hair Hair Salon Nail Salon
  • Basil Saadi Hassan Pediatrician Physician
  • Revived Interiors | A Design Build Firm Hardware & Home Improvement Interior Design
  • H Halling Medical Clinic
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
by Request
Owner & transaction history
Rmv Properties LLC · 8 yrs held
Rmv Properties LLC
since 2017
7 recorded transactions
2017
$3.2M
2011
$525,000
2006
Price N/A
2006
Price N/A
2004
$927,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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