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    Property profile & analytics

    5805 Fleur Dr Des Moines, IA 50321

    • Investment properties
    • 3,456 SF
    • 0.15 lot acres
    For Lease
    View listing
    $425,000
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US25-0032262
    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 Travel Center, LTD / Airline Ticket Agency / Cruise Agency

    Property Details for 5805 Fleur Dr

    Year built
    1985
    Construction
    STEEL FRAME
    Lot size
    0.15 lot acres
    Property size
    3,456 SF
    Zone code
    C-2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    120/01473-002-000
    APU
    12001473002000

    Description

    This Des Moines, IA property at 5805 Fleur Dr offers two available office suites, totaling 3,456 square feet in a single-story building. Built in 1940 and renovated in 1985, this Class C office space features 18 parking spaces and is situated on a 0.154-acre lot. The suites range from 1,664 to 1,792 square feet, ideal for executive or creative office uses. The property boasts an excellent location directly across from Des Moines International Airport, providing convenient access for clients and employees. Its strategic placement near a busy corridor with national retailers, restaurants, and a grocery store ensures high visibility and easy access to numerous amenities including Hy-Vee, Panera Bread, Starbucks, UPS Store, Francies, Wakonda Club, and Skip's. Recent upgrades include new furnaces and air conditioners installed in 2017. The property is zoned MX3 and has an APN of 120/01473-002-000. This is a multi-tenant building offering a prime opportunity for businesses seeking a well-located and well-maintained office space in Des Moines.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $305,000
      6.5%
      $315,000
      7%
      $300,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $315,000
      Geo Method
      $310,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $330,000
      Retail
      $305,000
      Mixed-Use
      $310,000
      Hospitality
      $380,000
      Educational
      $305,000
      Residential Income
      $310,000
      Energy
      $375,000
      Income-Based Land
      $360,000
      Food Service
      $305,000

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6446
    Latitude
    41.532
    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
    $11,184
    $56,800
    $268,200
    $325,000
    -
    $56,800
    $268,200
    $325,000

    Comparable in this City

    • Value Estimation by Request
      78,064 SF

      4001 63rd St

      OFFICE/RESIDENTIAL (MIXED USE) • 78,064 SF
      4001 63rd St, Des Moines, IA 50321-1607
      View Details
    • Value Estimation by Request
      3,240 SF

      4560 Fleur Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 3,240 SF
      4560 Fleur Dr, Des Moines, IA 50321-2332
      View Details
    • Value Estimation by Request
      138,978 SF

      6200 Park Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 138,978 SF
      6200 Park Ave, Des Moines, IA 50321-1270
      View Details
    • Value Estimation by Request
      8,730 SF

      Des Moines, IA 50321

      OFFICE/RESIDENTIAL (MIXED USE) • 8,730 SF
      Des Moines, IA 50321
      View Details
    • Value Estimation
      $415,000
      11,400 SF

      5609 Fleur Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 11,400 SF
      5609 Fleur Dr, Des Moines, IA 50321-2841
      View Details
    • Value Estimation
      $375,000
      8,900 SF

      4547 Fleur Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 8,900 SF
      4547 Fleur Dr, Des Moines, IA 50321
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Prime Des Moines development land, high traffic area.
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      Des Moines Executive Office Building

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    Similar Nearby for Lease

    • Contact for pricing
      10,816 SF

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      View Details
    • $15 SF/Yr
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      Des Moines Office Space for Lease

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    • Contact for pricing
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      View Details
    • Contact for pricing
      18,004 SF

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      View Details
    • $15 SF/Yr
      2,275 SF

      Fleur Drive Retail/Medical Space

      Well-maintained retail or medical space in a high-traffic area.
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      View Details
    • $9 SF/Yr
      12,627 SF

      Des Moines Office Space Available

      Sublease opportunity with workstations, offices, and conference rooms.
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      View Details
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    5805 Fleur Dr
    Des Moines, IA 50321
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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