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Property profile & analytics

4100 University Ave West Des Moines, IA 50266

  • Strip malls
  • 141,398 SF
  • 21.67 lot acres
Value Estimation
Location Intelligence
Property ID
US25-0617239
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Ulta Beauty / Cosmetics Store / Beauty Salon
  • Benefit Cosmetics BrowBar / Beauty Salon / Cosmetics Store
  • Amazon Locker - Nabil / Mailing Service / E-Commerce Service
  • Amazon Locker - WestDesMoines / Mailing Service / E-Commerce Service
  • Moines Car Towings / Tire Shop

Property Details for 4100 University Ave

Year built
1995
Construction
STEEL FRAME
Lot size
21.67 lot acres
Property size
141,398 SF
Zone code
PUD B&C
Property type
Strip malls
Property subtype
Neighborhood centers
APN
320/00025-006-006
APU
32000025006006

Description

Water Tower Place Shopping Center in West Des Moines, Iowa, offers exceptional retail space within a thriving power center. This 400,000 square foot property boasts a dominant position as the #1 regional power center in Iowa, attracting significant foot traffic. Two available spaces are currently on the market, ranging from 25,900 to 32,670 square feet, providing ample opportunity for expansion or new ventures. The center's impressive tenant roster includes nine highly successful anchor stores, ensuring a consistent flow of customers. These anchors include a Whole Foods Market (the only one in Iowa), a top-performing Best Buy, World Market, a leading Marshalls (the #1 in Iowa), Five Below, Ross Dress for Less, Ulta Beauty, Guitar Center, and the #1 Office Depot in Central Iowa. Located at 4100 University Ave, West Des Moines, IA 50266, this property benefits from high visibility and accessibility, making it an ideal location for businesses seeking strong market presence and high consumer traffic. The property type is retail, specifically a shopping center with multiple tenancies. This presents a unique opportunity to establish a presence in one of Iowa's most successful retail destinations. The available spaces are ready for immediate occupancy and offer significant potential for growth and profitability.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
West Des Moines
County
Polk
State
Iowa
Longitude
-93.7597
Latitude
41.5988
CBSA code
19780
CBSA name
DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$994,202
$8,050,000
$29,850,000
$37,900,000
-
$8,050,000
$29,850,000
$37,900,000
More about this property
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