Property profile

4445 Corporate Dr West Des Moines, IA 50266

OFF-MARKET
Investment properties
Property ID
US25-0426753
52,512 SF 4.41 ac lot Built 1989
Entity Owned 14-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional office property, Waterford, located at 4445 Corporate Dr, West Des Moines, IA 50266, offers a range of flexible spaces within the prestigious Three Fountains Office Park. Built in 1990, the building boasts a total of 55,654 square feet, with one currently available space measuring 12,770 square feet. The property is a traditional office building with multiple tenancy options. Enjoy convenient access to major transportation arteries, including I-35/I-80, I-235, and the Des Moines International Airport. The location provides easy commutes and proximity to downtown Des Moines. Three Fountains Office Park offers a wealth of amenities, enhancing the work experience. These include a private fiber network, a fully equipped conference center, and a wellness center for employee well-being. On-site professional property management ensures seamless operations. The park also features ample free on-site parking, beautifully landscaped grounds with outdoor seating areas, and is conveniently located near a variety of restaurants, banks, and shopping centers, including the Valley West Mall. This is a unique opportunity to secure high-quality office space in a desirable and well-amenitized location. The property is situated in Polk County, Iowa.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1989
Construction STEEL FRAME
Total area 52,512 SF
Lot 4.41 ac (192,274 SF)
Zoning code PCP
APN 320/04127-507-001
UPID US25-0426753

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Consultant
  • Insurance Agency
  • Engineer

Location

4445 Corporate Dr West Des Moines, IA 50266-5930
West Des Moines metro Census 11114 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.49M
Blend (final) Blend
$1.65M

Owner & transaction history

since 2012
7 recorded transactions
2022
Price N/A
2022
Price N/A
2019
Price N/A
2012
Price N/A
2012
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

PCP · West Des Moines, IA
Zoning description

$1f

General category OPEN_SPACE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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