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4931 Douglas Ave 5,514 SF Retail Building Des Moines, IA 50310 $750,000 ($136.02/SF)
INVESTMENT HIGHLIGHTS
- Includes a small warehouse area and loading dock for operational flexibility.
- Located in a high-traffic corridor with 25,000 vehicles passing daily.
- Lower level features offices and storage, supporting diverse business needs.
- Strong surrounding demographics with high population and household income.
EXECUTIVE SUMMARY
The property located at 4931 Douglas Avenue in Des Moines, Iowa, is offered for sale at $750,000. This freestanding retail building encompasses approximately 5,514 square feet and sits on a 0.49-acre lot. The site features a small warehouse area equipped with a loading dock, as well as a lower level that includes offices and storage space. The building is situated on the north side of Douglas Avenue, midway between Merle Hay Road and Beaver Avenue, within a neighborhood that comprises retail, commercial, and residential uses. The property benefits from an average daily traffic count of 25,000 vehicles along Douglas Avenue and is zoned MX1 (Mixed Use District), supporting a variety of potential uses. Demographic data indicates a strong local population and household income, with 13,485 residents and an average household income of $87,341 within one mile, expanding to 202,276 residents and $96,156 average household income within five miles.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Building Size
5,514 SF
Building Class
C
Year Built
1962
Price
$750,000
Price Per SF
$136.02
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.25
Lot Size
0.50 AC
Zoning
MX-1 - Mixed Use District
Parking
27 Spaces (4.9 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 100-11198001000 | Improvements Assessment | $312,000 |
| Land Assessment | $208,000 | Total Assessment | $520,000 |
PROPERTY TAXES
Parcel Number
100-11198001000
Land Assessment
$208,000
Improvements Assessment
$312,000
Total Assessment
$520,000
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4931 Douglas Ave
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