Technical
Financial
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Property profile

7301 SW 22Nd St Des Moines, IA 50321

FOR SALE
Land
Property ID
US25-0362856
3.48 ac lot
Entity Owned 3-yr Hold
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Property summary

AI-generated overview

This exceptional 3.48-acre commercial land parcel is situated in Des Moines, Iowa, within the Airport Commerce Park South. Its strategic location offers unparalleled access to Highway 5 (within a half-mile), placing businesses within easy reach of major transportation routes. The property's proximity to the Des Moines International Airport (less than one mile) provides significant advantages, especially considering the airport's ongoing modernization and expansion projects, including the Lift DSM initiative aimed at enhancing passenger experience and boosting regional economic growth. With nearly 3 million annual passengers and plans for a new terminal, the airport's development promises long-term benefits for the surrounding area. The property also enjoys a desirable location near established amenities, including the Echo Valley Country Club, Wakonda Club, Blank Park Zoo, and numerous local restaurants. Furthermore, it's conveniently located less than five miles from downtown Des Moines, offering easy access to the city's core business district. The land is priced at $10 per square foot, presenting a compelling investment opportunity in a thriving and rapidly developing area. The property is zoned for commercial use (subtype specified as Commercial). The address is 7301 SW 22nd St, Des Moines, IA 50321.

Property profile

Verified
Property type Land
Lot 3.48 ac (151,763 SF)
UPID US25-0362856

Cap rate & NOI

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

Location

7301 SW 22Nd St Des Moines, IA 50321
Des Moines metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2023
1 recorded transaction
2023
$910,000

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
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