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    Property profile & analytics

    4200 University Ave West Des Moines, IA 50266-5945

    • Investment properties
    • 113,152 SF
    • 8.43 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0432106
    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

    • Iowa Public Agency Investment Trust / Investment Service / Financial Planner
    • Professional Medical Management / Accountant
    • Dr. Christopher Kelley / Surgeon / Practitioner Service Location
    • edgewater building / Business Center
    • UHY LLP, Certified Public Accountants / Financial Audit / Tax Preparation Service

    Property Details for 4200 University Ave

    Year built
    1988
    Construction
    STEEL FRAME
    Lot size
    8.43 lot acres
    Property size
    113,152 SF
    Zone code
    PCP
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    320/04127-509-003
    APU
    32004127509003

    Description

    Located in the prestigious Three Fountains Office Park, Edgewater offers a range of office spaces, from 45 square feet to 4,663 contiguous square feet, perfect for businesses of all sizes. This 102,400 square foot building, constructed in 1988, boasts a prime location in Polk County with convenient access to major highways including I-35/I-80, I-235, downtown Des Moines, and the Des Moines International Airport. The property features a private fiber network ensuring fast and cost-effective connectivity, along with plentiful free on-site parking. Enjoy the attractive landscaping, outdoor seating areas, and a beautiful pond and fountain. Additional amenities include a conference center, wellness center, and professional on-site property management. The building's prominent location offers excellent visibility from University Avenue and 42nd Street, with building signage opportunities available. Nearby amenities include restaurants, banks, and shopping centers, including Valley West Mall. Security features include card access. The park also offers beautiful green space with walking trails and picnic areas. Currently, one space is immediately available.

    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
    -93.7634
    Latitude
    41.5997
    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
    $289,054
    $3,190,000
    $7,910,000
    $11,100,000
    -
    $3,190,000
    $7,910,000
    $11,100,000

    Comparable in this City

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      5400 University Ave

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    • Value Estimation by Request
      29,400 SF

      4200 Corporate Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 29,400 SF
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    Similar Nearby for Sale

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      Land • 0.80 Acres
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    Similar Nearby for Lease

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      400,000 SF

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    • $11 SF/Yr
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    West Des Moines, IA 50266-5945
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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