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Property profile & analytics

520 35th St Des Moines, IA 50312-3403

  • Investment properties
  • 4,872 SF
  • 0.21 lot acres
OFF-MARKET
Value Estimation
$285,000
Last Sale
Apr 29, 2022
$295,000
Location Intelligence
Property ID
US25-0090390
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • The Salvation Army of Des Moines Central Office / Non-Profit Organization / Social Services Organization

Property Details for 520 35th St

Year built
1956
Construction
STEEL FRAME
Lot size
0.21 lot acres
Property size
4,872 SF
Zone code
R-4
Property type
Investment properties
Property subtype
Live-work space
APN
090/07928-000-000
APU
9007928000000

Description

This exceptional single-tenant office building, located at 520 35th Street in Des Moines, Iowa, presents a unique opportunity for businesses seeking a prominent location. The property boasts a substantial 4,872 square feet of vacant space, ready for immediate occupancy. Built in 1956, this Class C building sits on a 0.212-acre lot and is ideally suited for executive office use. Its central Des Moines location offers unparalleled convenience, with easy access to a wealth of amenities, restaurants, and public transportation options. The entire building is available, providing ample space for a growing company or a business seeking a significant presence in the city. The property's single-tenant occupancy ensures privacy and control over the entire space. The address is 520 35th Street, Des Moines, IA 50312, within Polk County. This is a rare opportunity to acquire a substantial office space in a highly desirable location. The property's size and location make it an attractive option for businesses seeking a strategic foothold in the thriving Des Moines market. The building's layout is adaptable to a variety of office configurations, allowing for customization to meet specific business needs. This is a turnkey solution for businesses looking for immediate occupancy and a prime location in Des Moines.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $285,000
  • CAP approach

    CAP return
    Estimation
    6%
    $285,000
    6.5%
    $325,000
    7%
    $290,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $280,000
    Geo Method
    $305,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $310,000
    Retail
    $305,000
    Mixed-Use
    $270,000
    Hospitality
    $310,000
    Educational
    $275,000
    Residential Income
    $270,000
    Energy
    $355,000
    Income-Based Land
    $340,000
    Food Service
    $260,000

Location Insight

  • Map
  • Local Demand
City
Des Moines
County
Polk
State
Iowa
Longitude
-93.6645
Latitude
41.5852
CBSA code
19780
CBSA name
DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$29,300
$142,700
$172,000
-
$29,300
$142,700
$172,000
More about this property
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