4330 Westown Pkwy West Des Moines, IA 50266
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.
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Tavo's Carpet & Flooring of West Des Moines Big Box & Wholesale Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
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
PUD OFFICE · West Des Moines, IACosts & 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.