3801 Gannett Ave, Des Moines, IA 50321
This exceptional 3.3-acre industrial land parcel is part of the Airport Business Park, a 300-acre development strategically located just south of the Des Moines airport on Highway 5. The property, identified as Plat 2, Lot 8, at 3801 Gannett Ave, Des Moines, IA 50321, offers significant advantages for businesses seeking a prominent location. Its position within the park provides excellent accessibility and visibility from both Army Post Road and Highway 5, ensuring high traffic exposure. All utilities are conveniently in place, simplifying development and reducing upfront costs. The land is priced at $3 per square foot, totaling $416,869.20. This represents a compelling opportunity to establish a warehouse, distribution center, or other industrial operation in a thriving area with strong infrastructure and convenient access to major transportation routes. The Airport Business Park offers a range of lot sizes, from 3 to 30 acres, catering to various development needs. This specific lot presents a well-sized option for businesses seeking a strategic foothold in the Des Moines industrial market. Don't miss this chance to secure a prime location in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.