4100 University Ave West Des Moines, IA 50266
Property Lookup
Property profile & analytics
4100 University Ave West Des Moines, IA 50266
- Strip malls
- 141,398 SF
- 21.67 lot acres
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.
Location Intelligence
Current Use by Public Records
- Ulta Beauty / Cosmetic Store
- Benefit Cosmetics BrowBar / Hair Salon / Nail Salon
- Amazon Locker - Nabil / Postal Service / Courier Service
- Amazon Locker - WestDesMoines / Postal Service / Courier Service
- Moines Car Towings / (Bike/Boat/Book/etc) Store / Auto Parts Store
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
- Shopping 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 Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $16,957,000
Market price range: $6.65M - $21.5M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $13,940,000 Current use
- RETAIL STORES
- $16,495,000 Change: +18% Conversion: Easy
- COMMERCIAL (GENERAL)
- $13,035,000 Change: -7% Conversion: Easy
- WAREHOUSE, STORAGE
- $12,065,000 Change: -13% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
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
