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Property profile & analytics
OFF-MARKET
Retail space

2742 Hubbell Ave Des Moines, IA 50317-3066

2,152 SF 0.52 ac lot Built 2008
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US25-2574664
Property summary
AI-generated overview

This exceptional 2,152 square foot Class A office building, built in 2003, is available for $349,000. Located at 2742 Hubbell Avenue in Des Moines, Iowa, this single-story property sits on a 0.52-acre lot (22,767 square feet) and offers excellent visibility and accessibility. The building's MX1 Mixed Use District zoning allows for a variety of commercial uses, making it an ideal investment opportunity for retail, office, or service-oriented businesses. The property features 11 parking spaces and benefits from high traffic volume (8,900 vehicles per day in 2016). The building is currently vacant, presenting a blank canvas for a new owner to customize the space to their specific needs. Its former use as a bank provides a solid foundation and potentially desirable features. The property's address is 2742 Hubbell Ave, Des Moines, IA 50317, within Polk County. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving Des Moines neighborhood. The property includes a drive-thru area, adding further potential for various business models.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2008
Construction FRAME
Total area 2,152 SF
Lot 0.52 ac (22,767 SF)
Zoning code C-1
APN 060/05146-000-000
UPID US25-2574664
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
  • Shazam Atm Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Home Plastics 20 LLC · 1 yrs held
Home Plastics 20 LLC
since 2024
Last sale
$310,000
7 recorded transactions
2024
Price N/A
2023
Price N/A
2022
$310,000
2021
Price N/A
2014
$513,000
2013
Price N/A
2006
$320,000
Zoning & alternative use
C-1 · Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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