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    5500 Westown Pkwy Des Moines, IA 50266
    Property profile & analytics

    5500 Westown Pkwy, Des Moines, IA 50266

    View on Map

    • Investment properties
    • 52,403 SF
    • 5.77 lot acres
    Commercial Space For Lease For Lease
    $11 SF/Yr

    Commercial Space For Lease

    Commercial space available for lease in Des Moines.

    5500 Westown Pkwy, Des Moines, IA 50266
    View Listing
    Property ID
    US25-0338398
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sharon Klaus Berkshire Hathaway Home Service First Realty / Real Estate Agency
    • Carin Birt, Realtor - BHHS First Realty / Real Estate Agency
    • Martha Lebron-Dykeman, BHHS First Realty / Real Estate Agency
    • Des Moines Real Estate Pros: Tim Rietz / Real Estate Agency
    • Ballard Karen L / Physician

    Property Details for 5500 Westown Pkwy

    Year built
    1999
    Construction
    STEEL FRAME
    Lot size
    5.77 lot acres
    Zone code
    PCP
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    320/04927-152-001
    APU
    32004927152001

    Description

    This exceptional Class B commercial property, located at 5500 Westown Parkway in West Des Moines, Iowa, offers 15,438 square feet of versatile space ideal for executive offices or a strip center. Currently, the entire building is vacant and available for lease, presenting a unique opportunity for a single tenant to occupy the entire 15,438 square feet. Alternatively, the property is divisible, with spaces ranging from a minimum of 4,965 square feet to a maximum contiguous space of 10,473 square feet, catering to various business needs and expansion plans. Situated in Polk County, this property benefits from a highly accessible location in West Des Moines, with convenient access to major transportation routes and amenities. The property is classified as both Retail and Office, offering flexibility in its potential uses. The building's design and layout are well-suited for businesses seeking modern and efficient office spaces. This is a rare opportunity to secure a substantial and highly visible commercial space in a thriving Iowa market. The property's size and layout provide ample room for customization to meet specific business requirements. Interested parties are encouraged to inquire about lease terms and conditions. The zip code is 50266.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,480,000
      Market price range: $2.62M - $7.32M
      AI Estimate
      $2,871,000
      Market price range: $961k - $5.13M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $4,830,000
      Current use
      RETAIL STORES
      $6,115,000
      Change: +27% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $5,165,000
      Change: +7% Conversion: Difficult
      WAREHOUSE, STORAGE
      $4,470,000
      Change: -7% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    West Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.7807
    Latitude
    41.5946
    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
    $148,958
    $3,580,000
    $1,785,000
    $5,365,000
    -
    $3,580,000
    $1,785,000
    $5,365,000
    View Listing
    More about this property
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