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Property profile & analytics
OFF-MARKET Estimated value $530,000
Banks

3580 Ep True Pkwy West Des Moines, IA 50265-7654

17,596 SF 4.01 ac lot Built 2008
Individually Owned 10-yr Hold Free & Clear
Property ID
US25-0268947
Property summary
AI-generated overview

This exceptional 1.2-acre commercial land parcel presents a unique investment opportunity in the thriving West Des Moines, Iowa market. Located at 3580 EP True Parkway, this property boasts a highly desirable location at the intersection of EP True Parkway and Mills Civic Parkway, ensuring exceptional visibility and high traffic volume exceeding 24,000 vehicles per day. The permitted zoning is PUD, offering flexibility for a variety of commercial developments. The asking price is $522,720, translating to a land value of $10 per square foot. This strategically positioned lot benefits from its proximity to major retail destinations, including the West Glen Town Center, Jordan Creek Mall, Hy-Vee, and Super Target, ensuring strong consumer traffic and a robust commercial environment. The property's address is 3580 EP True Parkway, West Des Moines, IA 50265, within Polk County. This is an ideal site for businesses seeking high visibility and access to a dense consumer base in a rapidly growing area. The property's size and location make it suitable for a wide range of commercial uses, subject to local zoning regulations. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2008
Construction STEEL FRAME
Total area 17,596 SF
Lot 4.01 ac (174,588 SF)
Zoning code PUD B&C
APN 320/00441-101-000
UPID US25-0268947
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
Current use
Occupant on record · Public records
  • Shazam Atm Atm
  • Chad M. Mentele, PharmD Pharmacy
  • Bree K. Harken, PharmD Pharmacy
  • Midwest Heritage Bank Credit Union
  • Geeta Agarwal Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
$732k
Blend (final) Blend
$530k
Owner & transaction history
Midwest Heritage Bk Fsb · 10 yrs held
Midwest Heritage Bk Fsb
since 2016
1 recorded transaction
2016
$1.5M
Zoning & alternative use
PUD B&C · West Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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