440 Fairway Dr, West Des Moines, IA 50266
- Investment properties
- 18,160 SF
- 1.62 lot acres
Current Use by Public Records
- Gourley, Rehkemper & Lindholm PLC / Law Firm
- Matthew T. Lindholm / Law Firm
- Robert G. Rehkemper / Law Firm
- Grant C. Gangestad / Law Firm
- Scott A. Michels / Law Firm
Property Details for 440 Fairway Dr
- Year built
- 2007
- Construction
- STEEL FRAME
- Lot size
- 1.62 lot acres
- Zone code
- PUD OFFICE
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 320/04127-198-301
- APU
- 32004127198301
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 24, 2025 | — | Grl Properties LLC | — | Deed · related | $1.3M · Ih Mississippi Valley Cu |
| Feb 15, 2013 | $1,600,000 | Grl Properties LLC | Great Wstrn Bk | Grant Deed | $2.5M · Visionbank Of Iowa |
| Jan 23, 2013 | $1,308,353 | Great Wstrn Bk | Sheriff Of Polk County | Trustees Deed · related | — |
| Aug 15, 2008 | $299,000 | Lb Properties Xv LLC | Pgc LLC-1 | Warranty Deed | — |
| — | — | Pgc LLC-1 | — | Deed Of Trust · related | $200k · Great Western Bank |
| — | — | Pgc LLC-1 | — | Deed Of Trust · related | $3M · Great Western Bank |
| — | — | Lb Properties Xv LLC | — | Deed Of Trust · related | $388k · Ladco Capital INC |
Description
This exceptional Class A, two-story office building, totaling 18,000 square feet, is situated on a 1.62-acre lot in the desirable Western Suburbs' Jordan Creek Trade Area. Built in 2007, the property features a striking modern brick façade and boasts ample natural light thanks to its fully window-lined design. The building offers multiple suites, with a minimum divisible space of 2,386 square feet and a maximum contiguous space of 8,238 square feet currently available. This space is conveniently located at 440 Fairway Drive, with easy access via Village View Drive. The property includes a beautiful water feature, easily accessible building and parking lot, and is zoned PUD. The building includes elevators and is handicap accessible. The currently vacant 8,238 square feet is comprised of two contiguous suites (2,386 sq ft and 5,852 sq ft) easily combined into one large space. The larger suite, previously a salon and spa, offers a reception area, open floor plan, and several private rooms with sinks. The smaller suite features an open layout, two restrooms, and a private office. This location, within the high-end Village of Ponderosa development, benefits from strong co-tenancy and a high-scoring demographic area, making it perfect for retail, professional services, or medical users.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,255,000
- AI Estimate
- $1,445,000
Market price range: $909k - $2.54MMarket price range: $333k - $1.78M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,675,000 Current use
- AUTO REPAIR, GARAGE
- $2,820,000 Change: +69% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $2,750,000 Change: +64% Conversion: Moderate
- MEDICAL BUILDING
- $2,740,000 Change: +64% Conversion: Easy
- RETAIL STORES
- $2,120,000 Change: +27% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $1,790,000 Change: +7% Conversion: Difficult
- WAREHOUSE, STORAGE
- $1,550,000 Change: -7% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- West Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.7887
- Latitude
- 41.5643
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
