Property summary
This exceptional 1.07-acre ground lease opportunity in West Des Moines, Iowa, presents a unique chance to develop a 5,000-square-foot commercial or medical office building. Located at 4330 Westown Parkway, at the intersection of Westown Parkway and 42nd Street (APN 320/04947-030-402, Polk County), this single-tenant site boasts a highly desirable location within the Westown City Center. The property is zoned PUD Office by the City of West Des Moines and benefits from its proximity to major… retailers including Hy-Vee, Starbucks, Whole Foods, Target, Best Buy, and Home Depot, ensuring high visibility and convenient access for potential tenants and employees. The area is also home to numerous corporate headquarters, such as Hy-Vee, West Bank, ITA Group, Shive-Hattery, and Farm Bureau Financial Services, establishing a strong business presence. Furthermore, its strategic location is just 1.5 miles from MercyOne's West Des Moines Medical Center and UnityPoint Health's Methodist West Hospital, making it particularly attractive for medical office development. This rare opportunity in a high-barrier-to-entry market offers significant potential for investors and developers seeking a prime location in a thriving commercial corridor. The property's 5,000 square feet is currently vacant, providing a blank canvas for your vision.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2020
Value estimate
· Sep 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Historical Records
- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight