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1410 E Diehl Ave 14,008 SF Industrial Building Des Moines, IA 50320 $1,190,680 ($85/SF)
Investment Highlights
- Existing Value-Add rental income, available to continue or terminate at new owner's option
- 2nd Story Office has lots of south facing windows, with abundant natural light
- Excellent access to Iowa Highway 5, US Highway 65, and major metro thoroughfares makes it convenient for operations and commuting
Executive Summary
Versatile industrial flex property now available for sale in southeast Des Moines. This well-maintained building offers an ideal balance of finished office and warehouse space, perfectly suited for owner-users, contractors, distributors, light assembly, or owner user seeking value add/rental income. Excluding current owner operator, one existing Tenant month to month and has been leasing 3,874 sf +/- (1,140 sf office & 2,734 sf warehouse) since 2019 +/-.
Key Features & Specifications:
• Total building size: 14,008 SF
• Approximately 3,180 SF of finished office space (private offices, open
areas, and support spaces)
• Warehouse: 10,828 SF ±
• 4 grade level drive-in overhead doors for efficient truck access (2 @ 10'X12', 1 @ 10'X10', 1' @ 8'x8' ±)
• Warehouse clear height: 10'-12' ±
• Zoned MX3 (Mixed-Use 3 District) – allows a wide range of commercial, office, light industrial, and mixed-use applications.
Built in 1959 with subsequent updates in 1983 and 2014, the property provides functional, flexible space in an established southeast Des Moines location. Excellent access to Iowa Highway 5, US Highway 65, and major metro thoroughfares makes it convenient for operations and commuting.
Key Features & Specifications:
• Total building size: 14,008 SF
• Approximately 3,180 SF of finished office space (private offices, open
areas, and support spaces)
• Warehouse: 10,828 SF ±
• 4 grade level drive-in overhead doors for efficient truck access (2 @ 10'X12', 1 @ 10'X10', 1' @ 8'x8' ±)
• Warehouse clear height: 10'-12' ±
• Zoned MX3 (Mixed-Use 3 District) – allows a wide range of commercial, office, light industrial, and mixed-use applications.
Built in 1959 with subsequent updates in 1983 and 2014, the property provides functional, flexible space in an established southeast Des Moines location. Excellent access to Iowa Highway 5, US Highway 65, and major metro thoroughfares makes it convenient for operations and commuting.
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Fenced Lot
- Security System
- Air Conditioning
Utilities
- Lighting
- Gas - Natural
- Water - City
- Sewer - Septic Field
- Heating - Gas
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 120-00206002000 | Total Assessment | $661,000 (2025) |
| Land Assessment | $156,000 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $505,000 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
120-00206002000
Land Assessment
$156,000 (2025)
Improvements Assessment
$505,000 (2025)
Total Assessment
$661,000 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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1410 E Diehl Ave
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