4100 16th St Des Moines, IA 50313-3905
- Truck terminals
- 7,844 SF
- 3.27 lot acres
Current Use by Public Records
- Des Moines Public Safety Officer 911 / Government Office
- G & S Towing Service, Inc / Towing Service / Auto Auction
Property Details for 4100 16th St
- Year built
- 1957
- Construction
- STEEL FRAME
- Lot size
- 3.27 lot acres
- Property size
- 7,844 SF
- Zone code
- M-2
- Property type
- Truck terminals
- APN
- 110/06513-007-000
- APU
- 11006513007000
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $475,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $545,000
- 6.5%
- $530,000
- 7%
- $565,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $495,000
- Geo Method
- $515,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $500,000
- Retail
- $445,000
- Mixed-Use
- $460,000
- Hospitality
- $540,000
- Educational
- $480,000
- Residential Income
- $530,000
- Energy
- $465,000
- Income-Based Land
- $560,000
- Food Service
- $470,000
Location Insight
- Map
- Local Demand
- City
- Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.5966
- Latitude
- 41.6345
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
