519 SE 4Th St Des Moines, IA 50309
For Sale
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This exceptional 1-9 acre commercial land parcel (APN 040/01318-001-000) presents a unique investment opportunity in Des Moines, Iowa's thriving Market District. Located at 519 SE 4th St, 50309, this property boasts a coveted location adjacent to downtown Des Moines and the Historic East Village, offering panoramic views of the Iowa State Capitol, Principal Park, and the downtown skyline. Zoned DX2 District, the site is ideal for a variety of uses including residential, hospitality, entertainment, office, retail, and food & beverage establishments. Its prime riverfront position provides easy access to walking paths and bike trails, ensuring high visibility and accessibility for vehicles, pedestrians, and cyclists. The Market District is experiencing significant redevelopment, making this a compelling opportunity for master developers, end-users, long-term investors, strategic development groups, or municipal/civic organizations. Tax incentives are available through the City of Des Moines. This property offers unparalleled potential to capitalize on the district's vibrant growth and prime location. Contact the seller for details.
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Artistic Iron Works Metal Fabrication Plant Factory
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
M-1 · 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.