4150 University Ave Des Moines, IA 50317
- Commercial real estate
- 1.48 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4150 University Ave
- Lot size
- 1.48 lot acres
- Property type
- Commercial real estate
- APN
- 0.844: 0.638
Description
This exceptional 1.482-acre commercial land parcel in Des Moines, Iowa, presents a compelling investment opportunity. Located at 4150 E. University Avenue, this property boasts convenient access to Highway 5 bypass and the I-35/80 interchange, ensuring excellent visibility and connectivity. The property comprises two parcels, totaling 1.482 acres (0.844 acres and 0.638 acres), and currently features an 843-square-foot existing house. Currently zoned N3A, this allows for the development of single-family lots with a minimum size of 6,000 square feet. The strategic location is further enhanced by the proximity of existing multifamily developments, and with a relevant multifamily proposal, zoning changes could be considered by the city. The property's address is 4150 E University Ave, Des Moines, IA 50317, with Polk County as the county. The asking price for this prime commercial land is $250,000. This presents a unique chance to capitalize on the growth potential in this desirable Des Moines location. The property's latitude and longitude coordinates are 41.600933 and -93.532719 respectively. This is a rare opportunity to acquire a sizeable parcel in a high-growth area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.532719
- Latitude
- 41.600933
