You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $1,190,000
Warehouses

6655 15th St Des Moines, IA 50313-1246

10,800 SF 1.07 ac lot Built 2020
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0842860
Property summary
AI-generated overview

This exceptional 10,800-square-foot single-tenant industrial flex space is ideally situated in Polk County, offering unparalleled convenience and functionality. The property boasts a spacious layout with impressive ceiling heights ranging from 17 to 24 feet, providing ample vertical clearance for various operational needs. Two 14' x 14' drive-in doors ensure efficient loading and unloading, streamlining logistics. The building includes a small office area equipped with a restroom, catering to administrative requirements. Furthermore, the property offers the potential for valuable outdoor storage, expanding operational capacity. Its strategic location provides easy access to major transportation arteries, with Interstate 35 less than a mile away, facilitating seamless regional connectivity and distribution. This property presents a unique opportunity for businesses seeking a versatile and well-located industrial space in a thriving Des Moines market. The entire 10,800 square feet is currently vacant and ready for immediate occupancy. The combination of high ceilings, ample drive-in access, and proximity to I-35 makes this an exceptional opportunity for a variety of industrial and flex-space users.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2020
Construction STEEL FRAME
Total area 10,800 SF
Lot 1.07 ac (46,641 SF)
APN 270/00705-572-310
UPID US25-0842860
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.15M
CAP Approach CAP
$780k
Comparable Approach Comparable
$1.51M
Blend (final) Blend
$1.19M
Owner & transaction history
Capco 6655 Dsm LLC · 1 yrs held
Capco 6655 Dsm LLC
since 2025
Last sale
$1.3M
1 recorded transaction
2025
$1.3M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $1.9M +59.0%
Medical building $1.8M +53.6%
Restaurant $1.7M +42.5%
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?”
You own 6655 15th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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