520 35th St Des Moines, IA 50312-3403
- Investment properties
- 4,872 SF
- 0.21 lot acres
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
-
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