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    2940 Ingersoll Ave Des Moines, IA 50312
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    Property profile & analytics

    2940 Ingersoll Ave Des Moines, IA 50312


    • Medical Office Space
    • 5,332 SF
    • 0.27 lot acres
    Ingersoll Avenue Retail/Office Space For Sale
    $805,000
    4,296 SF

    Ingersoll Avenue Retail/Office Space

    Flexible space in walkable, high-traffic area near downtown.

    2940 Ingersoll Ave, Des Moines, IA 50312
    View Listing
    Property ID
    US25-0438431
    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
    Cap Rate Potential
    7.1%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • Frederick Aldrich, M.d. / Pediatrician / Medical Clinic
    • Kirk Bragg, LISW / Physician
    • Behavioral Medicine Center / Family Counselor
    • Pediatrics & Adolescent Medicine / Medical Clinic

    Property Details for 2940 Ingersoll Ave

    Year built
    1963
    Construction
    STEEL FRAME
    Lot size
    0.27 lot acres
    Property size
    5,332 SF
    Zone code
    NPC
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    090/05582-000-000
    APU
    9005582000000

    Description

    This exceptional 1,653 square foot medical office space, located at 2940 Ingersoll Ave in Des Moines, Iowa, presents a fantastic opportunity for a medical practice seeking a flexible and well-situated location. The space is situated within a larger 4,296 square foot building, offering a Class B office environment built in 1963. The unit is currently vacant and has been completely demoed, providing a blank canvas for a custom build-out to perfectly suit your specific needs. The space boasts a 10-foot ceiling height and benefits from ample off-street and street parking. The property sits on a 0.273-acre lot in the desirable near west side of Des Moines, offering excellent visibility and accessibility on the busy Ingersoll Avenue, conveniently close to the I-235 31st Street exit. Shared restrooms are available in the common area, with the potential for dedicated restrooms within the unit. The location is also advantageous for staff and clients, with numerous nearby lunch options including Eatery A, the Cheese Bar, and Jesse's Embers. This property is in Polk County, Iowa, and has a zip code of 50312. The multiple tenancy building offers a vibrant and collaborative atmosphere. Don't miss this chance to establish your practice in a prime Des Moines location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $875,000
      ML approach
      $810,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,030,000
      6.5%
      $950,000
      7%
      $885,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $648,000
      Market price range: $324k - $1.18M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $885,000
      Current use
      AUTO REPAIR, GARAGE
      $920,000
      Change: +3% Conversion: Difficult
      RESTAURANT
      $825,000
      Change: -7% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $785,000
      Change: -12% Conversion: Moderate

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


    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6584
    Latitude
    41.5857
    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
    $17,120
    $151,000
    $429,000
    $580,000
    -
    $151,000
    $429,000
    $580,000
    View Listing
    More about this property
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