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    Des Moines, IA Shopping Centers for Sale

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    Retail Mall Redevelopment Opportunity
    Updated: Jan 25, 2021
    Retail Mall Redevelopment Opportunity

    3850 Merle Hay Rd, Des Moines, IA 50310

    $2,200,000
    66,400 sqft
    66,400 SF Merle Hay Mall retail center (incl. a six‑story high‑rise) built in 1966
    Zoned C‑4 and located on high‑traffic Merle Hay Road in Des Moines
    Direct, indoor access to a super‑regional mall
    Controlled, full‑movement lighted intersection plus multiple lot entrances for access
    Ample surface and covered parking with multiple entrances
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Des Moines, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Retail Center in Urbandale Heart
    Retail Center in Urbandale Heart

    7020 Douglas Avenue, Urbandale, IA 50322

    $1,500,000
    12,868 sqft

    Prime retail center with excellent visibility and access.

    View details
    Valley West Mall Development Opportunity
    Valley West Mall Development Opportunity

    1551 Valley West Drive, West Des Moines, IA 50266

    Contact for pricing
    856,000 sqft 57.72 AC lot

    856,000 SF retail property on 57.72 acres in Iowa.

    View details
    Mixed-Use Retail and Medical Center
    Mixed-Use Retail and Medical Center

    7475 Mills Civic Parkway, West Des Moines, IA 50266

    Contact for pricing
    65.00 AC lot

    Anchored development at a major parkway intersection, offering space for retail, office, and medical users.

    View details
    Retail/Office Center in Urbandale, Iowa
    Retail/Office Center in Urbandale, Iowa

    3941-4001 100th St, Urbandale, IA

    $1,580,000
    13,139 sqft 1.86 AC lot

    13,139 SF retail/office center at NW Urbandale Avenue and 100th Street.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Clive Land for Sale
    Clive Land for Sale

    156th & Hickman |, Clive, IA 50325

    $840,000
    1.38 AC lot

    Two commercial pad sites available in Clive, Iowa.

    View details
    Prime Development Land on Highway
    Prime Development Land on Highway

    Parcel #1014300003, Oskaloosa, IA 52577

    $3,800,000
    21.53 AC lot

    21.53 acre commercial development parcel with high visibility.

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    Commercial Land Near Highway 59
    Commercial Land Near Highway 59

    605 PIONEER Avenue, Oakland, IA 51560

    $95,000
    1.46 AC lot

    Large commercial lot suitable for various development projects.

    View details
    Developed Multi-Pad Development Land
    Developed Multi-Pad Development Land

    N 41st St, Bethany, MO 64424

    $249,900
    10.00 AC lot

    10-acre development site with 10 constructed dirt pads, cul-de-sac road layout, and a billboard generating $100 monthly.

    View details

    Off-Market Properties in Des Moines, IA

    Consider similar Off-Market properties in Des Moines, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3617 Beaver Ave
    SHOPPING CENTER, STRIP CENTER

    3617 Beaver Ave, Des Moines, IA 50310-3246

    Value Estimation by Request
    6,400 sqft 0.35 AC lot
    View details
    2450 Euclid Ave
    SHOPPING CENTER, STRIP CENTER

    2450 Euclid Ave, Des Moines, IA 50317-3658

    $3,100,000
    Estimated value
    27,200 sqft 2.61 AC lot
    View details
    3420 Martin Luther King Jr Pkwy
    SHOPPING CENTER, STRIP CENTER

    3420 Martin Luther King Jr Pkwy, Des Moines, IA 50310-5608

    Value Estimation by Request
    17,656 sqft 2.98 AC lot
    View details
    1111 Army Post Rd
    SHOPPING CENTER, STRIP CENTER

    1111 Army Post Rd, Des Moines, IA 50315-5970

    $1,430,000
    Estimated value
    402,000 sqft 34.68 AC lot
    View details
    2619 9th St
    SHOPPING CENTER, STRIP CENTER

    2619 9th St, Des Moines, IA 50315-1910

    $670,000
    Estimated value
    4,401 sqft 0.42 AC lot
    View details
    1517 2nd Ave
    SHOPPING CENTER, STRIP CENTER

    1517 2nd Ave, Des Moines, IA 50314-3406

    Value Estimation by Request
    13,522 sqft 0.66 AC lot
    View details
    6101 14th St
    SHOPPING CENTER, STRIP CENTER

    6101 14th St, Des Moines, IA 50320-1706

    $1,410,000
    Estimated value
    52,310 sqft 17.85 AC lot
    View details
    4347 Merle Hay Rd
    SHOPPING CENTER, STRIP CENTER

    4347 Merle Hay Rd, Des Moines, IA 50310-2301

    $16,575,000
    Estimated value
    100,517 sqft 17.82 AC lot
    View details
    4800 9th St
    SHOPPING CENTER, STRIP CENTER

    4800 9th St, Des Moines, IA 50315

    $785,000
    Estimated value
    18,065 sqft 1.75 AC lot
    View details
    4230 Fleur Dr
    SHOPPING CENTER, STRIP CENTER

    4230 Fleur Dr, Des Moines, IA 50321-2417

    Value Estimation by Request
    12,000 sqft 1.48 AC lot
    View details
    4210 Fleur Dr
    SHOPPING CENTER, STRIP CENTER

    4210 Fleur Dr, Des Moines, IA 50321-2326

    $650,000
    Estimated value
    21,848 sqft 1.60 AC lot
    View details
    5800 Franklin Ave
    SHOPPING CENTER, STRIP CENTER

    5800 Franklin Ave, Des Moines, IA 50322-6132

    $1,030,000
    Estimated value
    8,453 sqft 0.34 AC lot
    View details
    904 Army Post Rd
    SHOPPING CENTER, STRIP CENTER

    904 Army Post Rd, Des Moines, IA 50315-5570

    Value Estimation by Request
    3,431 sqft 0.51 AC lot
    View details
    1200 Army Post Rd
    SHOPPING CENTER, STRIP CENTER

    1200 Army Post Rd, Des Moines, IA 50315-5943

    $1,430,000
    Estimated value
    120,460 sqft 8.43 AC lot
    View details
    2705 9th St
    SHOPPING CENTER, STRIP CENTER

    2705 9th St, Des Moines, IA 50315-2300

    Value Estimation by Request
    4,338 sqft 0.34 AC lot
    View details
    3923 14th St
    SHOPPING CENTER, STRIP CENTER

    3923 14th St, Des Moines, IA 50313-3813

    Value Estimation by Request
    5,500 sqft 0.78 AC lot
    View details
    1103 Army Post Rd
    SHOPPING CENTER, STRIP CENTER

    1103 Army Post Rd, Des Moines, IA 50315

    $895,000
    Estimated value
    8,636 sqft 0.91 AC lot
    View details
    3520 Beaver Ave
    SHOPPING CENTER, STRIP CENTER

    3520 Beaver Ave, Des Moines, IA 50310-3264

    Value Estimation by Request
    14,782 sqft 1.13 AC lot
    View details
    4930 14th St
    SHOPPING CENTER, STRIP CENTER

    4930 14th St, Des Moines, IA 50320-1604

    $3,750,000
    Estimated value
    12,024 sqft 1.48 AC lot
    View details
    3523 6th Ave
    SHOPPING CENTER, STRIP CENTER

    3523 6th Ave, Des Moines, IA 50313-4193

    Value Estimation by Request
    10,670 sqft 0.21 AC lot
    View details
    2574 Hubbell Ave
    SHOPPING CENTER, STRIP CENTER

    2574 Hubbell Ave, Des Moines, IA 50317

    $1,195,000
    Estimated value
    43,200 sqft 5.27 AC lot
    View details
    3727 14th St
    SHOPPING CENTER, STRIP CENTER

    3727 14th St, Des Moines, IA 50320-1441

    Value Estimation by Request
    6,000 sqft 1.71 AC lot
    View details
    505 Euclid Ave
    SHOPPING CENTER, STRIP CENTER

    505 Euclid Ave, Des Moines, IA 50313-4237

    Value Estimation by Request
    3,272 sqft 0.09 AC lot
    View details

    Des Moines, IA Shopping Centers Market Trends and Statistics

    Explore 72 shopping centers for sale in Des Moines, IA on our real estate platform. These investment opportunities span a total of 66,400 square feet of properties for sale, with an estimated market value of $2,200,000.

    Sale prices for plazas in Des Moines, IA start at $2,200,000, averaging $2,200,000, and reaching up to $2,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Automotive properties 14
    Shopping centers 12
    Auto shops 10
    Storefront properties 7
    Showrooms 3

    Demographics Overview

    Population 306K
    Population Growth (5Y) +2.6%
    Median Household Income $80,154
    College Educated 12.6%

    High-Yield Neighborhoods for Investment

    Identify Des Moines submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    50310 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 3.09%
    Property Tax per SF $42.10 per SF
    Tax Rate vs County Average 0.49 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Polk County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Des Moines fall within the 100,000+ square foot range.

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