Property profile

3535 Westown Pkwy West Des Moines, IA 50265

FOR SALE
Hotels
Property ID
US25-0265391
81,272 SF 2.67 ac lot Built 1984
Individually Owned ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 2.67-acre commercial land parcel presents a remarkable redevelopment opportunity in the thriving West Des Moines, Iowa market. Strategically located at 3535 Westown Parkway, this property enjoys unparalleled accessibility, situated directly off Interstate 235 at the Valley West Drive exit. Its prime location ensures high visibility and convenient access for businesses and customers alike. The property is zoned for commercial development and is ready for immediate construction, eliminating lengthy permitting delays. The surrounding area boasts a vibrant mix of established businesses, shopping centers, and restaurants, creating a dynamic and attractive environment for new ventures. Furthermore, its convenient location on the Dart Bus Line provides excellent public transportation access, enhancing its appeal to a wide range of potential tenants and customers. This is an exceptional chance to acquire a significant land holding in a high-growth area, offering substantial potential for long-term investment returns. The asking price for this exceptional property is $1,500,000. Don't miss this opportunity to capitalize on the burgeoning commercial landscape of West Des Moines. The property is located in Polk County, Iowa, with a zip code of 50265.

Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1984
Construction FRAME
Total area 81,272 SF
Lot 2.67 ac (116,305 SF)
Zoning code RC
APN 320/04882-603-000
UPID US25-0265391

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3535 Westown Pkwy West Des Moines, IA 50265
West Des Moines metro Census 11114 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.20M
Blend (final) Blend
$3.06M

Owner & transaction history

since 2025
6 recorded transactions
2025
$574,000
2023
Price N/A
2020
Price N/A
2009
$1.8M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

RC · West Des Moines, IA
Zoning description

$21

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message