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    303 University Ave Des Moines, IA 50314
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    Property profile & analytics

    303 University Ave Des Moines, IA 50314


    • Medical Office Space
    • 3,623 SF
    • 0.60 lot acres
    Medical Office Building For Sale For Sale
    $460,000
    3,623 SF

    Medical Office Building For Sale

    Single-story medical office building with University Avenue frontage.

    303 University Avenue, Des Moines, IA 50314
    View Listing
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • University Ob/Gyn / Physician
    • Roach Sheri / Physician
    • Sherryl L. Link, ARNP / Physician

    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 Office Space
    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

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    • CAP approach

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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
    View Listing
    More about this property
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