4505 Douglas Ave Des Moines, IA 50310-2711
Property profile & analytics
4505 Douglas Ave Des Moines, IA 50310-2711
- Banks
- 13,019 SF
- 3.14 lot acres
Property ID
US25-0342145
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Wells Fargo Bank / Bank / Loan Service
- Wells Fargo Home Mortgage / Loan Service / Bank
- Wells Fargo ATM / Atm
Property Details for 4505 Douglas Ave
- Year built
- 1995
- Construction
- CONCRETE
- Lot size
- 3.14 lot acres
- Property size
- 13,019 SF
- Zone code
- C-2
- Property type
- Banks
- APN
- 100/07376-001-000
- APU
- 10007376001000
Description
This exceptional 8,824-square-foot executive office building, located at 4505 Douglas Ave in Des Moines, Iowa, presents a unique investment opportunity. Built in 1966 and extensively remodeled in 1995, the property boasts a Class B designation and sits on a substantial 3.14-acre lot (136,683 square feet), zoned MX1 – Mixed Use District, offering considerable flexibility for future development. The building's former use as a bank provides a solid foundation for a variety of executive office configurations. Its prime location offers excellent visibility and accessibility, with a daily traffic count of 17,500 vehicles on Douglas Avenue. The property is conveniently situated near a wealth of restaurants, retail establishments, and other amenities, ensuring a vibrant and convenient environment for tenants and employees. The asking price for this remarkable property is $1,400,000. This presents a compelling opportunity to acquire a well-maintained, strategically located office building with significant potential for growth and return on investment in the thriving Des Moines market. The property's size and zoning allow for diverse uses within the mixed-use district, making it an attractive prospect for both established businesses and forward-thinking investors. The substantial lot size also offers ample room for expansion or future development. This is a rare opportunity to acquire a significant commercial property in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $535,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $626,000
Market price range: $528k - $1.48M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $790,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.6795
- Latitude
- 41.6305
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$76,724
$906,000
$1,374,000
$2,280,000
-
$906,000
$1,374,000
$2,280,000
