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3030 Merle Hay Rd 9,336 SF 100% Leased Office Building Des Moines, IA 50310 $995,000 ($106.58/SF)



Investment Highlights
- Freestanding office building with frontage on Merle Hay Road.
- Ample on-site parking supported by a large asphalt parking area.
- Convenient access to Interstate 35 and regional transportation routes.
- Located along a corridor with approximately 26,400 vehicles per day.
- MX2 Mixed Use District zoning provides commercial flexibility.
- Single-story brick veneer construction with basement area for additional utility.
Executive Summary
3030 Merle Hay Road presents the opportunity to acquire a freestanding office building positioned along one of Des Moines' established commercial corridors. The property offers strong street presence on Merle Hay Road, a major north-south thoroughfare carrying approximately 26,400 vehicles per day, providing consistent visibility and accessibility for owner-users, professional service firms, and investors. Its location within the city of Des Moines places it near a broad range of retail, service, and residential amenities while maintaining convenient regional connectivity through nearby Interstate 35.
The single-story brick veneer building is situated on approximately 0.817 acres and includes ample on-site parking supported by a large asphalt parking area. The property's layout, combined with a finished and unfinished basement component, provides flexibility for a variety of office configurations, administrative operations, professional services, and organizational uses. Central heating and air conditioning support year-round occupancy, while the MX2 Mixed Use District zoning designation may allow a range of compatible commercial uses subject to municipal regulations.
Des Moines serves as Iowa's largest metropolitan area and a major center for finance, insurance, healthcare, government, and professional services employment. The property's location along a well-traveled commercial corridor provides convenient access for employees, clients, and visitors while benefiting from established surrounding development patterns. Whether considered as an owner-occupied headquarters, professional office location, or investment asset, 3030 Merle Hay Road offers a combination of visibility, parking, accessibility, and functional office infrastructure within a mature commercial setting.
The single-story brick veneer building is situated on approximately 0.817 acres and includes ample on-site parking supported by a large asphalt parking area. The property's layout, combined with a finished and unfinished basement component, provides flexibility for a variety of office configurations, administrative operations, professional services, and organizational uses. Central heating and air conditioning support year-round occupancy, while the MX2 Mixed Use District zoning designation may allow a range of compatible commercial uses subject to municipal regulations.
Des Moines serves as Iowa's largest metropolitan area and a major center for finance, insurance, healthcare, government, and professional services employment. The property's location along a well-traveled commercial corridor provides convenient access for employees, clients, and visitors while benefiting from established surrounding development patterns. Whether considered as an owner-occupied headquarters, professional office location, or investment asset, 3030 Merle Hay Road offers a combination of visibility, parking, accessibility, and functional office infrastructure within a mature commercial setting.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
9,336 SF
Building Class
C
Year Built/Renovated
1979/2005
Price
$995,000
Price Per SF
$106.58
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,336 SF
Building FAR
0.25
Lot Size
0.85 AC
Zoning
C-1
Parking
20 Spaces (2.14 Spaces per 1,000 SF Leased)
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 100-02968006000 | Improvements Assessment | $415,000 |
| Land Assessment | $472,000 | Total Assessment | $887,000 |
Property Taxes
Parcel Number
100-02968006000
Land Assessment
$472,000
Improvements Assessment
$415,000
Total Assessment
$887,000
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3030 Merle Hay Rd
