You are browsing as a guest. Register to access key data for free.
Property profile

4100 16th St Des Moines, IA 50313

Truck terminals
Property ID
US25-2529066
View Sample
7,844 SF 3.27 ac lot Built 1957
Entity Owned 4-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional 10,044-square-foot industrial distribution center, located at 4100 E 16th St in Des Moines, Iowa, presents a compelling investment opportunity. The single-story, Class C building, constructed in 1972, sits on a generous 3.27 acres of land in Polk County. The property features 18 loading docks and one drive-in door, providing ample access for efficient loading and unloading. Currently configured for multiple tenants, one 6,196 square foot space is immediately available. The building includes an existing office with a restroom, offering potential for expansion. The property owner is actively enhancing the property with upgrades including new dock doors and site improvements, leveling the gravel area on one side of the building and performing a thorough cleaning. This cross-dock facility offers significant potential for businesses seeking a well-located, functional distribution space in Des Moines' thriving industrial market. The 50313 zip code provides easy access to major transportation routes, enhancing logistical efficiency. This is a rare opportunity to secure a well-maintained, strategically positioned industrial property with significant upside potential.

Property profile

Verified
Property type Truck terminals
Use group TRUCK TERMINAL (MOTOR FREIGHT)
Year built 1957
Construction STEEL FRAME
Total area 7,844 SF
Lot 3.27 ac (142,441 SF)
Zoning code M-2
APN 110/06513-007-000
UPID US25-2529066

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Government Office
  • Auto Repair Shop

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$470k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$475k

Owner & transaction history

since 2022
Last sale
$525,000
5 recorded transactions
2022
$525,000
2019
Price N/A
2014
$374,000
2010
$373,920
2007
$481,000

Zoning & alternative use

M-2 · Des Moines, IA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message