Property summary
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
VerifiedCap rate & NOI
Current use
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Government Office
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Auto Repair Shop
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M-2 · Des Moines, IAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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