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Property profile & analytics

303 University Ave Des Moines, IA 50314

  • Medical offices
  • 3,623 SF
  • 0.60 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US25-0255377
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

  • University Ob/Gyn / Obstetrician-Gynecologist / Nurse Practitioner
  • Roach Sheri / Nurse Practitioner
  • Sherryl L. Link, ARNP / Nurse Practitioner

Property Details for 303 University Ave

Year built
1981
Construction
FRAME
Lot size
0.60 lot acres
Property size
3,623 SF
Zone code
M-1
Property type
Medical offices
Property subtype
Medical centers
APN
080/06053-001-000
APU
8006053001000

Description

This exceptional single-story medical office building, located at 303 University Avenue in Des Moines, Iowa, presents a compelling investment opportunity. Boasting 3,623 square feet of well-maintained space, this Class B property is situated on a sizable 0.603-acre lot (26,250 square feet), offering ample parking and visibility. Constructed in 1981 and extensively renovated in 2004, the building benefits from modern updates while retaining its functional layout. The property enjoys a highly desirable location on University Avenue, a major thoroughfare with exceptional daily traffic volume exceeding 16,000 vehicles. Its convenient access and prominent street frontage make it an ideal location for a variety of medical practices. The asking price for this turnkey medical office building is $460,000. This represents a significant opportunity to acquire a well-established property in a thriving Des Moines neighborhood within Polk County, zip code 50314. The property's size, location, and recent renovations make it an attractive investment for both established and emerging medical professionals. This is a rare opportunity to own a well-positioned medical office building in a high-traffic area of Des Moines.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Des Moines
County
Polk
State
Iowa
Longitude
-93.6219
Latitude
41.6007
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
$15,406
$111,000
$441,000
$552,000
-
$111,000
$441,000
$552,000
More about this property
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