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Property profile & analytics
FOR LEASE
Strip malls

4930 SE 14Th St Des Moines, IA 50320

12,024 SF 1.48 ac lot Built 2007
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US25-0266526
Property summary
AI-generated overview

This exceptional 2,844-square-foot retail space is available for lease in Des Moines, Iowa, at 4930 SE 14th St, zip code 50320. Situated on a 1.479-acre lot at a high-visibility hard corner location, this property offers unparalleled exposure. Across the street from a Walmart and directly in front of a Home Depot, this space benefits from significant foot traffic and high brand recognition from neighboring businesses. The single-story, 12,024-square-foot building was constructed in 1997 and is zoned PUD. The available space is currently configured as a former tanning salon, featuring a reception area, restroom, storage room, and 24 individual suites. This adaptable layout presents a unique opportunity for a variety of retail or salon concepts. The minimum divisible space is 2,844 square feet, and the maximum contiguous space available is also 2,844 square feet. The load factor is 1. This property presents a rare opportunity to establish a thriving business in a high-traffic, well-established commercial area of Des Moines. The property's convenient location and existing build-out offer immediate occupancy potential, minimizing upfront investment and maximizing return. Contact us today to schedule a viewing.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Construction STEEL FRAME
Total area 12,024 SF
Lot 1.48 ac (64,425 SF)
Zoning code PUD
APN 120/04690-104-000
UPID US25-0266526
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
  • Aspen Dental - Des Moines, IA - SE 14th St Dental Office
  • Jennifer Mitchell Dental Office
  • Motto Clear Aligners Dental Office
  • Vigneron Jenna DDS Dental Office
  • Jennifer Ross Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.94M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.75M
Owner & transaction history
Carfrae Investments LLC · 4 yrs held
Carfrae Investments LLC
since 2021
Last sale
$3.5M
6 recorded transactions
2021
$3.5M
2016
$3.1M
2009
$1.1M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
PUD · Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The PUD Legacy District is a zoning classification that is no longer accepting new or expanded applications. Only existing PUDs established before a specified effective date continue under this legacy status. These grandfathered districts are governed primarily by their original approval ordinances, conceptual plans, and conditions of approval. Amendments to…

Zone name Planned Unit Development
General category PLANNED_DEVELOPMENT
Zone area 3,668.41 ac
Source Realmo
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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