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Property profile & analytics
FOR SALE
Hotels

3535 Westown Pkwy West Des Moines, IA 50265

81,272 SF 2.67 ac lot Built 1984
Individually Owned ~ Est. High Equity
Property ID
US25-0265391
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
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
Penny A Bassman
Penny A Bassman
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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