Property profile

4500 Westown Pkwy West Des Moines, IA 50266

OFF-MARKET
Investment properties
Property ID
US25-0081087
73,386 SF 10.8 ac lot Built 1986
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1986
Construction STEEL FRAME
Total area 73,386 SF
Lot 10.8 ac (470,622 SF)
APN 320/03977-205-003
UPID US25-0081087

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
  • International Trade Consultant Business Broker
  • Factory Production Facility
  • Medical Clinic
  • Travel Agency
  • (Bike/Boat/Book/etc) Store Corporate Office

Location

4500 Westown Pkwy West Des Moines, IA 50266-6738
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
$11.18M
Comparable Approach Comparable
$10.25M
Blend (final) Blend
$9.54M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Restaurant $12.6M +86.8%
Auto repair, garage $11.4M +68.5%
Apartment house (5+ units) $11.1M +64.2%

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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