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Property profile

4120 43Rd Ct Des Moines, IA 50317

OFF-MARKET
Land
Property ID
US25-2512688
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
UPID US25-2512688

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4120 43Rd Ct Des Moines, IA 50317
Des Moines metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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