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1717 Olive Ave
Des Moines, IA 50314
Land For Sale
·
0.80 AC
Investment Highlights
- Location in the Historic Sherman Hill Neighborhood near downtown. Easy access to I-235. 10-year property tax abatement for new construction.
Property Facts
| Property Type | Land | Proposed Use | Apartment Units - Condo |
| Property Subtype | Commercial | Total Lot Size | 0.80 AC |
| Zoning | NX2a Mixed District | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units - Condo |
| Total Lot Size | 0.80 AC |
| Zoning | NX2a Mixed District |
Description
Development Opportunity in the Historic Sherman Hill Neighborhood near downtown. Easy access to I-235. Tax abatement for new construction. Land is part of a condominium development that was to originally include five buildings with 30 units (six units in each building), but construction was stalled shorty after the first two buildings (12 units) were completed in 2006 due to the recession.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $120,600 | Total Assessment | $120,600 |
Property Taxes
Parcel Numbers
Land Assessment
$120,600
Improvements Assessment
$0
Total Assessment
$120,600
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