5000 Westown Pkwy West Des Moines, IA 50266
- Investment properties
- 70,843 SF
- 9.62 lot acres
Current Use by Public Records
- Kelsi Macek / Marriage Or Relationship Counselor
- Kathe Irvine / Psychiatrist / Practitioner Service Location
- Laura Nydam / Practitioner Service Location / Social Worker
- Sarah Mcelhaney / Practitioner Service Location / Family Counselor
- Dr. Sarah Fetter / Psychologist
Property Details for 5000 Westown Pkwy
- Year built
- 1995
- Construction
- CONCRETE
- Lot size
- 9.62 lot acres
- Property size
- 70,843 SF
- Zone code
- PCP
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 320/00052-002-000
- APU
- 32000052002000
Description
5000 Westown Parkway in West Des Moines, Iowa, presents a unique opportunity to lease executive office space in a Class B building. This iconic West Des Moines landmark, managed by Knapp Properties, offers multiple tenancy options within a total of 15,579 square feet. Currently, there are 10,756 square feet of vacant space available, divisible into units ranging from a minimum of 1,149 square feet to a maximum contiguous space of 7,115 square feet. The building boasts an impressive parking ratio of four spaces per every one thousand square feet of office space, ensuring ample parking for tenants and their guests. Located at 5000 Westown Pkwy, West Des Moines, IA 50266, this property is situated in Polk County and offers a prime location for businesses seeking a prestigious address. The building's design and management reflect a commitment to providing a high-quality work environment. This is an exceptional opportunity to establish your business in a well-maintained and highly visible location within a thriving community. Contact us today to learn more about available spaces and lease terms.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $110,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $150,000
- 6.5%
- $135,000
- 7%
- $150,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $145,000
- Geo Method
- $120,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $145,000
- Retail
- $145,000
- Mixed-Use
- $125,000
- Hospitality
- $120,000
- Educational
- $125,000
- Residential Income
- $130,000
- Energy
- $120,000
- Income-Based Land
- $155,000
- Food Service
- $140,000
Location Insight
- Map
- Local Demand
- City
- West Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.7724
- Latitude
- 41.5943
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
