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Property profile & analytics
FOR LEASE
Turn key restaurants

4807 SE 14Th St Des Moines, IA 50320

3,944 SF 0.96 ac lot Built 2000
Trust Owned 19-yr Hold Free & Clear
Property ID
US25-0020832
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2000
Construction FRAME
Total area 3,944 SF
Lot 0.96 ac (42,035 SF)
Zoning code C-2
APN 120/07177-004-000
UPID US25-0020832
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • IHOP Restaurant
  • TenderFix by Noah Schnapp Restaurant
  • Super Mega Dilla Restaurant
  • First Rate Pest Control Des Moines IA Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Donig 1987 Living Trust · 19 yrs held
Donig 1987 Living Trust
since 2007
2 recorded transactions
2007
$2.5M
2007
Price N/A
Zoning & alternative use
C-2 · Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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