4807 SE 14Th St Des Moines, IA 50320
For Lease
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This exceptional 5.66-acre commercial and residential land parcel presents a unique investment opportunity in Des Moines, Polk County. Strategically located on SE 14th Street and McKinley Avenue, this property boasts direct signalized access to SE 14th Street, ensuring high visibility and convenient access for potential tenants and customers. The site benefits from its proximity to a Walmart Supercenter and other prominent national retailers including The Home Depot, PetSmart, Menards, Hobby Lobby, and Target, guaranteeing substantial foot traffic and brand synergy. All utilities are readily available, simplifying development and reducing upfront costs. Internal access roads are already completed, further enhancing the site's practicality and appeal. The property is zoned C-2 by the City of Des Moines, allowing for a variety of potential uses, including retail, office, medical facilities, and multi-family residential developments. Its location near the Macerich-owned Southridge Mall, now a thriving mixed-use center anchored by Target and featuring Hy-Vee, DMACC, AMC Theatres, and over 30 retail and dining options, adds to its desirability. This prime location offers unparalleled exposure and access to a large and diverse customer base, making it an ideal site for a wide range of commercial ventures. The existing infrastructure, including readily available utilities and completed internal access roads, significantly reduces development time and expenses. This is a rare opportunity to acquire a highly desirable, well-located parcel in a rapidly growing area of Des Moines.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Des Moines, IADes Moines. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.