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Property profile & analytics
OFF-MARKET Estimated value $1,130,000
Warehouses

4376 50th St Des Moines, IA 50317-4756

15,000 SF 2.92 ac lot Built 2022
Entity Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US25-0293122
Property summary
AI-generated overview

This exceptional 15,000-square-foot property, located at 4376 E 50th St in Des Moines, Iowa, presents a unique opportunity for a single tenant seeking a combined office and warehouse space. Situated on a 1.5-acre lot in Polk County, this building offers a versatile layout ideal for businesses requiring both administrative and storage capabilities. The property boasts a significant 18+ foot ceiling height, providing ample vertical space for various operational needs. Two convenient drive-in bays ensure efficient loading and unloading of goods, streamlining logistical operations. The entire 15,000 square feet is currently vacant and available for lease, allowing for complete customization to suit a tenant's specific requirements. The property's classification as both Executive Office and Warehouse space caters to a wide range of businesses, from light manufacturing and distribution to corporate offices requiring substantial storage. Its location in Des Moines, with zip code 50317, offers excellent access to major transportation routes and a thriving business community. This is a rare opportunity to secure a substantial, well-appointed property in a desirable location. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2022
Construction STEEL FRAME
Total area 15,000 SF
Lot 2.92 ac (127,195 SF)
Zoning code M-1
APN 060/00712-107-000
UPID US25-0293122
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.09M
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$1.13M
Owner & transaction history
Houghton Properties LLC · 9 yrs held
Houghton Properties LLC
since 2017
2 recorded transactions
2017
$155,000
2015
$159,000
Zoning & alternative use
M-1 · Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.7M +26.4%
Commercial (general) $1.5M +11.7%
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