9155 Bishop Dr, West Des Moines, IA 50263
For Sale
1 / 2
This exceptional 1.99-acre commercial land parcel presents a unique investment opportunity in the thriving West Des Moines, Iowa market. Located at 9155 Bishop Drive, this shovel-ready site boasts a highly desirable location, situated just one block north of the intersection of University Avenue and 92nd Street, a major east-west thoroughfare. Its strategic position ensures excellent visibility and accessibility for businesses, benefiting from proximity to major highways and bustling commercial districts. The property is conveniently located for both local and out-of-town customers. The site is zoned for PUD & Community Commercial, offering flexibility for a variety of development options, including but not limited to retail, medical, or office spaces. Utilities are readily available on-site. Adding to its appeal, the property is surrounded by a vibrant residential community, with over 700 townhomes and apartments within a half-mile radius, providing a built-in customer base. The asking price is $1,213,581, translating to a land value of $14 per square foot. This is an exceptional opportunity to capitalize on the robust growth and strong demand in this prime West Des Moines location. Don't miss this chance to secure a highly desirable commercial property in a rapidly developing area. The property is located in Dallas County, Iowa, with a zip code of 50263.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.