Property profile

5917 Ashworth Rd West Des Moines, IA 50266

FOR LEASE
Strip malls
Property ID
US25-0231006
14,680 SF 2.53 ac lot Built 1993
Individually Owned 3-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Ashworth Plaza, a single-story, 19,736 square foot neighborhood retail strip center, presents a compelling investment opportunity in West Des Moines, IA. Located at the high-traffic intersection of 60th and Ashworth Road, this Class B property boasts 11 suites, with one vacant suite totaling 2,400 square feet, representing a minimum divisible space and the maximum contiguous space available. Built in 1993, the center sits on 2.529 acres of land and is zoned PUD. The property features a diverse tenant mix including both local and national businesses such as Kum & Go (anchor tenant), Family Nails, Regis Financial, A-Vacuum House, American Family Insurance, Canton Chinese Restaurant, Great Clips, Godfathers Pizza, and BuduBu Smoke Shop. The property's address is 5917 Ashworth Rd, West Des Moines, IA 50266, and its APN is 320/04128-006-002. This well-located retail center offers strong potential for immediate income generation and long-term growth within the established West Des Moines submarket. The property's convenient location and established tenant base make it an attractive investment for those seeking a stable and profitable retail asset. The available 2,400 square feet of vacant space presents an opportunity for expansion or lease to a new tenant. The property's single-building design simplifies management and maintenance. This is an excellent opportunity to acquire a well-positioned retail property in a thriving Iowa market.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1993
Construction STEEL FRAME
Total area 14,680 SF
Lot 2.53 ac (110,163 SF)
Zoning code NC
APN 320/04128-006-002
UPID US25-0231006

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5917 Ashworth Rd West Des Moines, IA 50266
West Des Moines metro Census 11113 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.89M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.89M

Owner & transaction history

since 2023
Last sale
$6.3M
7 recorded transactions
2025
Price N/A
2023
$6.3M
2020
Price N/A
2016
$5.8M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

NC · West Des Moines, IA
Zoning description

Neighborhood commercial areas shall be designated to provide for small commercial centers and uses which provide a limited range of products and services to the residents of the surrounding neighborhood. Typical uses wou…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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