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Investment Highlights

  • ±4.265-acre parcel located within the Southeast 14th Street Urban Renewal Area.
  • MX3-V zoning supports multiple uses, including commercial, retail, and mixed-use projects.
  • Approximately 320 feet of commercial frontage along SE 14th Street.
  • Positioned along a major retail corridor with Walmart, Home Depot, and Menards nearby.

Executive Summary

The property at 5402 SE 14th Street offers a significant redevelopment opportunity in the heart of the Southeast 14th Street Urban Renewal Area in Des Moines. Comprising approximately 4.265 acres, this site is strategically positioned for high-visibility development with over 320 feet of frontage on SE 14th Street. Located along one of the city’s highest-traffic commercial corridors, the property benefits from a daily traffic count of approximately 25,400 vehicles and is surrounded by major national retailers including Walmart, Home Depot, and Menards.
Currently zoned MX3-V, the site allows for a wide variety of uses, including commercial, retail, and mixed-use configurations. This flexible zoning provides developers and investors with numerous options for optimizing the land’s potential. Its setting within a growth-oriented corridor makes it especially attractive for projects geared toward retail, service, or mixed-use development aimed at meeting consumer demand in a well-established trade area. At a list price of $975,000 ($5.25 PSF), this property represents an excellent platform for long-term value creation through ground-up development in a high-demand location.

Property Facts

Price $975,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Commercial
Total Lot Size 4.27 AC
Zoning C-2

1 Lot Available

Lot 1

Price $975,000
Price Per AC $228,337.24
Lot Size 4.27 AC
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
  • Listing ID: 9229234

  • Date on Market: 2/28/2011

  • Last Updated:

  • Address: 5402 SE 14th St, Des Moines, IA 50320

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