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    Property profile & analytics
    OFF-MARKET Estimated value $4,050,000
    Investment properties

    400 8th St, Des Moines, IA 50309-4619

    40,080 SF 2.84 ac lot Built 1999
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US25-0426570
    Property summary
    AI-generated overview

    This exceptional single-tenant office space, totaling 16,047 square feet, is available for lease within the dynamic Riverpoint Business District in Des Moines, Iowa. Located at 400 SW 8th Street, zip code 50309, this property offers immediate access to a thriving urban environment. The building itself boasts a total of 40,080 square feet, providing ample space for a variety of business needs. Its convenient location places it directly adjacent to newly developed residential and retail options, ensuring a vibrant and convenient atmosphere for employees and clients alike. Furthermore, the property benefits from its proximity to multiple public transportation routes, facilitating easy commutes and accessibility. The zoning designation, DX-2, allows for both traditional office and flexible-use tenants, offering versatility for potential occupants. This presents a unique opportunity to establish a presence in a rapidly growing area of Des Moines, with excellent access to amenities and transportation. The building's strategic location within the Riverpoint Business District, just south of the city's Central Business District, guarantees high visibility and easy access to the heart of Des Moines.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1999
    Construction STEEL FRAME
    Total area 40,080 SF
    Lot 2.84 ac (123,667 SF)
    Zoning code C-3A
    APN 020/01025-005-000
    UPID US25-0426570
    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
    • Iowa Home Consulting - Moving & Junk Hauling Service Moving Company
    • Iowa Home Consulting - Painting, Remodeling, and Handyman Service Painting Service General Contractor
    • DHS Targeted Case Management Government Office
    • Olds John w MD Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.00M
    Blend (final) Blend
    $4.05M
    Owner & transaction history
    400 Sw 8th Street LLC
    400 Sw 8th Street LLC
    1 recorded transaction
    1969
    Zoning & alternative use
    C-3A · Des Moines, IA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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