5101 SE 14Th St, Des Moines, IA 50320
- Strip malls
- 7,350 SF
- 5.84 lot acres
Current Use by Public Records
- Shubh Beauty / Hair Salon / Nail Salon
- MoneyGram / Bank / Credit Union
- Western Union / Bank / Credit Union
- Walmart Home Services / Social Service Agency
- Walmart Home Theater Installation / Electrical Service / General Contractor
Property Details for 5101 SE 14Th St
- Year built
- 2001
- Construction
- STEEL FRAME
- Lot size
- 5.84 lot acres
- Zone code
- PUD
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 120/04690-402-001
- APU
- 12004690402001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 16, 2007 | — | Tkg Southeast Plaza LLC | — | Deed Of Trust · related | $160M · Citicorp USA Corp |
Description
Southeast Plaza offers a prime retail opportunity in Des Moines, Iowa. This single-story, 243,000 square foot shopping center boasts a highly visible location on SE 14th Street, situated between Highway 5 and I-235, a corridor with significant traffic volume. The property is conveniently located just north of Southridge Mall, benefiting from the existing high density of retail and residential areas. Currently, a contiguous 8,624 square foot storefront space is available for lease. This outparcel is part of a larger shopping center anchored by a Walmart Supercenter, ensuring high foot traffic and strong brand recognition. The lot size ranges from 0.6 to 1 acre, providing ample space for potential expansion or outdoor displays. The property is located in Polk County, Iowa, with a zip code of 50320. This exceptional location offers unparalleled visibility and access for businesses seeking a thriving retail environment in Des Moines. The available space presents a unique opportunity for businesses seeking high visibility and access to a dense population.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $856,000
Market price range: $390k - $856k -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $590,000 Current use
- RESTAURANT
- $1,135,000 Change: +93% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $1,080,000 Change: +84% Conversion: Difficult
- RETAIL STORES
- $855,000 Change: +45% Conversion: Easy
- COMMERCIAL (GENERAL)
- $755,000 Change: +28% Conversion: Easy
- WAREHOUSE, STORAGE
- $675,000 Change: +15% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.5946
- Latitude
- 41.5383
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
