606 Watson Powell Jr Way Des Moines, IA 50309
Property Lookup
Property profile & analytics
606 Watson Powell Jr Way Des Moines, IA 50309
- Commercial real estate
- 8,856 SF
- 0.40 lot acres
Property ID
US25-0459276
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.
Location Intelligence
Current Use by Public Records
- Parking / Parking Lot & Garage
Property Details for 606 Watson Powell Jr Way
- Lot size
- 0.40 lot acres
- Property size
- 8,856 SF
- Zone code
- C-3
- Property type
- Commercial real estate
- APN
- 030/00729-002-000
- APU
- 3000729002000
Description
This exceptional .396-acre commercial land parcel presents a unique investment opportunity in Des Moines, Iowa. Situated at 606 Watson Powell Jr Way, this property boasts a highly desirable location between 6th Avenue and 7th Street, benefiting from a combined daily vehicle traffic exceeding 15,000 vehicles. The lot's size translates to approximately 17,270 square feet, offering ample space for a variety of commercial developments. Its strategic placement near a substantial 2.5 million square foot corporate campus further enhances its appeal and potential for significant returns. The property's zoning allows for diverse uses, including office space, retail establishments, and entertainment venues, catering to a wide range of business needs. The sale price is negotiable, making this an attractive proposition for developers and investors seeking a prime location in a thriving Des Moines market. The property is located in Polk County, Iowa, with a zip code of 50309. The coordinates are 41.589274 latitude and -93.62607 longitude. This is a rare opportunity to acquire a well-positioned commercial lot in a high-traffic area with significant development potential.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,510,000
- 6.5%
- $1,395,000
- 7%
- $1,295,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,006,000
Market price range: $209k - $1.63M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,565,000 Current use
- AUTO REPAIR, GARAGE
- $1,525,000 Change: -2% Conversion: Difficult
- MEDICAL BUILDING
- $1,475,000 Change: -6% Conversion: Easy
- RESTAURANT
- $1,365,000 Change: -13% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $1,305,000 Change: -17% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.6261
- Latitude
- 41.5893
- 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
$46,824
$950,000
$150,000
$1,100,000
-
$950,000
$150,000
$1,100,000
