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Property profile & analytics

3400 25Th St Des Moines, IA 50317

  • Banks
  • 1,018 SF
  • 1.70 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US25-0181886
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

  • Wells Fargo Drive-Up Bank / Atm / Bank

Property Details for 3400 25Th St

Year built
1978
Construction
STEEL FRAME
Lot size
1.70 lot acres
Property size
1,018 SF
Zone code
C-2
Property type
Banks
APN
060/01865-005-000
APU
6001865005000

Description

This exceptional 1,018 square foot freestanding retail building presents a unique redevelopment opportunity in Des Moines, Iowa. Situated on a substantial 1.7-acre lot, this property boasts a prime location, just one minute from I-235, and surrounded by thriving businesses including Hy-Vee, Walgreens, and numerous restaurants. Built in 1978, the structure features reinforced concrete construction with bullet-resistant glass, a testament to its robust build quality. The property's zoning, designated MX3, allows for a wide range of potential uses, maximizing its investment potential. A key feature is the existing seven drive-thru lanes, offering significant flexibility for future development. The asking price is $500,000, translating to $491.16 per square foot. This single-story building presents a rare chance to acquire a strategically located property with significant upside in a bustling Des Moines commercial corridor. The substantial lot size and flexible zoning provide ample room for expansion or repurposing, making this an ideal investment for developers and entrepreneurs seeking a high-impact project. The property's proximity to major transportation arteries and established businesses ensures high visibility and accessibility. This is a truly remarkable opportunity to acquire a well-constructed, strategically positioned property with significant potential for growth and return.


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
-93.5713
Latitude
41.6266
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
$22,906
$373,000
$50,000
$423,000
-
$373,000
$50,000
$423,000
More about this property
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