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Property profile & analytics

3800 Merle Hay Rd Des Moines, IA 50310-1305

  • Super regional malls
  • 123,794 SF
  • 3.28 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US25-0295192
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

  • Old Navy / Clothing Store / Baby Clothing Store
  • Torrid / Clothing Store / Jeans Shop
  • rue21 / Clothing Store / Fashion Accessories Store
  • Maid-Rite / Ice Cream Shop / Salad Shop
  • The Dollar Experience / Dollar Store

Property Details for 3800 Merle Hay Rd

Year built
2019
Construction
STEEL FRAME
Lot size
3.28 lot acres
Property size
123,794 SF
Zone code
C-4
Property type
Super regional malls
APN
100/09472-001-007
APU
10009472001007

Description

This exceptional 740,000 square foot, single-story regional shopping center in Des Moines' Merle Hay & Douglas (North Central) submarket presents a unique investment opportunity. Strategically located at the intersection of Merle Hay Rd & Douglas, this multi-tenant property boasts a diverse mix of retail, dining, and entertainment options, attracting a significant customer base. The center features major national anchors including Target, Kohl's, and Ulta, ensuring high foot traffic and brand recognition. Beyond traditional retail, the property offers a vibrant entertainment component, including a Flix Brewhouse theatre and micro-brewery, GameDay sports bar and arcade, Kids Empire active play center, a large bowling alley, and the state's largest pickleball facility. A future sports arena is also planned, further enhancing the property's appeal and long-term potential. Popular restaurants such as Starbucks, Applebee's, IHOP, and Five Guys contribute to the dynamic atmosphere. With a total of five suites, the property offers flexible leasing options, with a minimum divisible space of 1,840 square feet and a maximum contiguous space of 74,000 square feet. Currently, 90,000 square feet of space is available. This prime location and diverse tenant mix make this a compelling investment opportunity in a thriving Des Moines submarket.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Des Moines
County
Polk
State
Iowa
Longitude
-93.7005
Latitude
41.6301
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
$244,222
$1,810,000
$4,800,000
$6,610,000
-
$1,810,000
$4,800,000
$6,610,000
More about this property
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