4120 43Rd Ct Des Moines, IA 50317
This exceptional 2.065-acre commercial land parcel in Des Moines, Iowa, presents a compelling investment opportunity. Located on Hubbell Avenue at 4120 NE 43rd Ct, the property boasts approximately 100 feet of frontage on this high-traffic thoroughfare, experiencing over 14,000 vehicles per day. Zoned MX3 Mixed Use District, the land is ideally suited for a variety of developments, including retail, office, multi-family, or owner-user projects. The asking price is $674,475, translating to $7.50 per square foot. This represents a significant opportunity given the strong demographics of the area. Within a 3-mile radius, the population exceeds 38,000, growing to over 94,000 within a 5-mile radius. The property's potential is further enhanced by the availability of Tax Increment Financing (TIF) for approved users. An adjacent 4.11-acre parcel is also available for sale, offering the potential for a combined 500+ feet of Hubbell Avenue frontage. This presents a unique chance to acquire a substantial land holding in a thriving Des Moines location. The property is situated in Polk County, Iowa, with the zip code 50317. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.