Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

520 Walnut St Des Moines, IA 50309

  • Commercial real estate
  • 84,465 SF
  • 0.45 lot acres
For Lease
Last Sale
Nov 12, 2021
$1,250,000
Value Estimations
$1,345,000
Cap Rate Potential
Location Intelligence
Property ID
US25-0382818
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

  • U.S. Bank ATM / Atm
  • U.S. Bank Branch / Bank / Loan Service
  • Bahe Medical Group / Medical Group
  • Theresa Edwards / Business Management Consultant
  • U.S. Bank-Will Brown-Mortgage Loan Officer / Loan Service / Bank

Property Details for 520 Walnut St

Year built
1979
Construction
STEEL FRAME
Lot size
0.45 lot acres
Property size
84,465 SF
Zone code
C-3
Property type
Commercial real estate
APN
020/01183-003-000
APU
2001183003000

Description

This exceptional five-story, 66,096 square foot office building at 520 Walnut Street, located in Polk County's desirable Downtown District (Dx1 zoning), offers a unique blend of historic charm and modern functionality. Built in 1970 and extensively renovated in 2023, the property boasts three available office spaces ranging from 5,000 to 17,000 square feet, perfect for multiple tenants. The building features a stunning, restored ballroom-style space with soaring high ceilings, elegant stone pillars, and expansive two-story windows that flood the interior with natural light. Enjoy convenient skywalk access to a variety of nearby amenities, including retail shops, restaurants, residential options, and parking garages. Recent upgrades include a comprehensive HVAC system overhaul and new, modern restrooms on the first floor. This is a prime opportunity to secure office space in a newly owned, meticulously maintained building in the heart of Des Moines' vibrant downtown core. Tenant improvement allowances are available for qualified tenants. The building's single structure offers a cohesive and efficient workspace.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,465,000
    ML approach
    $1,420,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Des Moines
County
Polk
State
Iowa
Longitude
-93.6242
Latitude
41.5857
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
2020
$141,692
$1,290,000
$1,770,000
$3,060,000
-
$1,290,000
$1,770,000
$3,060,000
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message