Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2600 University Ave West Des Moines, IA 50266-1456

    • Strip malls
    • 48,424 SF
    • 11.27 lot acres
    OFF-MARKET
    Value Estimation
    $4,945,000
    Last Sale
    Nov 01, 2021
    $5,050,000
    Location Intelligence
    Property ID
    US25-2578412
    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.

    Current Use by Public Records

    • K. Renee Home / Home Goods Store / Women'S Clothing Store
    • Bitcoin Depot ATM / Atm
    • Afghan Supermarket / Grocery Store
    • Bitcoin Depot | Bitcoin ATM / Atm / Crypto Atm
    • Day 1 Nutrition / Sports Nutrition Store

    Property Details for 2600 University Ave

    Year built
    2016
    Construction
    STEEL FRAME
    Lot size
    11.27 lot acres
    Property size
    48,424 SF
    Zone code
    RC
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    320/04947-031-099
    APU
    32004947031099

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,845,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,325,000
      6.5%
      $4,730,000
      7%
      $5,280,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,230,000
      Geo Method
      $4,860,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,905,000
      Retail
      $6,070,000
      Mixed-Use
      $6,000,000
      Hospitality
      $5,155,000
      Educational
      $5,515,000
      Residential Income
      $4,385,000
      Energy
      $5,165,000
      Income-Based Land
      $5,000,000
      Food Service
      $6,020,000

    Location Insight

    • Map
    • Local Demand
    City
    West Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.741
    Latitude
    41.599
    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
    2020
    $155,738
    $4,760,000
    $1,290,000
    $6,050,000
    -
    $4,760,000
    $1,290,000
    $6,050,000

    Comparable in this City

    • Value Estimation by Request
      23,169 SF

      6630 Mls Civic Pkwy, Unit 2000

      SHOPPING CENTER, STRIP CENTER • 23,169 SF
      6630 Mls Civic Pkwy, West Des Moines, IA 50266-8285
      View Details
    • Value Estimation by Request
      25,300 SF

      1421 22nd St

      SHOPPING CENTER, STRIP CENTER • 25,300 SF
      1421 22nd St, West Des Moines, IA 50266-1404
      View Details
    • Value Estimation by Request
      15,393 SF

      140 Jordan Crk Pkwy

      SHOPPING CENTER, STRIP CENTER • 15,393 SF
      140 Jordan Crk Pkwy, West Des Moines, IA 50266-8484
      View Details
    • Value Estimation by Request
      9,598 SF

      1121 Jordan Crk Pkwy

      SHOPPING CENTER, STRIP CENTER • 9,598 SF
      1121 Jordan Crk Pkwy, West Des Moines, IA 50266-5992
      View Details
    • Value Estimation by Request
      7,242 SF

      650 Pr Vw Dr

      SHOPPING CENTER, STRIP CENTER • 7,242 SF
      650 Pr Vw Dr, West Des Moines, IA 50266-6686
      View Details
    • Value Estimation by Request
      55,440 SF

      320 Jordan Crk Pkwy Ste, Unit 100

      SHOPPING CENTER, STRIP CENTER • 55,440 SF
      320 Jordan Crk Pkwy Ste, West Des Moines, IA 50266-8001
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      856,000 SF

      Valley West Mall Development Opportunity

      856,000 SF retail property on 57.72 acres for sale.
      1551 Valley West Dr, West Des Moines, IA 50266
      View Details
    • Contact for pricing
      1.07 Acres

      Westown Parkway Pad Site

      Prime 1.07-acre development opportunity.
      4330 Westown Pkwy, West Des Moines, IA 50266
      View Details
    • $1,393,920
      1.00 Acre

      Fareway Outlot: Prime West Des Moines Land

      High-growth West Des Moines commercial land, near new Fareway.
      0 91St St, West Des Moines, IA 50266
      View Details
    • Contact for pricing
      7,485 SF

      West Des Moines Daycare Investment

      7,485 SF Daycare, Strong Returns
      5859 Ashworth Rd, West Des Moines, IA 50266
      View Details
    • $2,495,000
      6,916 SF

      West Des Moines Restaurant - $2.49M

      Turn-key restaurant, high visibility location.
      4570 University Ave, West Des Moines, IA 50266
      View Details
    • Contact for pricing
      0.62 Acres

      West Des Moines Residential Land

      Build your dream home in Iowa.
      Plat 1 Timber Knl, West Des Moines, IA 50266
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      3,895 SF

      Retail Space in Bridgewood Plaza

      Prime retail opportunity in West Des Moines' Jordan Creek commercial hub.
      165 S Jordan Creek Pkwy, West Des Moines, IA 50266
      View Details
    • $11 SF/Yr
      15,438 SF

      West Des Moines Executive Suites

      Prime Office Space Available Now
      5500 Westown Pkwy, West Des Moines, IA 50266
      View Details
    • $11 SF/Yr
      13,433 SF

      Westown Parkway Office Suites

      Class B Office/Retail Space in West Des Moines
      4949 Westown Pkwy, West Des Moines, IA 50266
      View Details
    • Contact for pricing
      17,500 SF

      Mills Crossing Medical Office Space

      West Des Moines medical office opportunity.
      5901 Mills Civic Pkwy, West Des Moines, IA 50266
      View Details
    • Contact for pricing
      400,000 SF

      Water Tower Place Retail Spaces

      Prime West Des Moines Shopping Center Space
      4100 University Ave, West Des Moines, IA 50266
      View Details
    • Contact for pricing
      25,000 SF

      The Parkways Medical Office Space

      West Des Moines medical office opportunity. Prime location, high traffic.
      7680 Coachlight Dr, West Des Moines, IA 50266
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2600 University Ave
    West Des Moines, IA 50266-1456
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.