4400 46Th StDes Moines, IA 50317

For Sale
$1,268,000

Prime Des Moines land, ideal for redevelopment.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 4.479-acre commercial land parcel in Des Moines, Iowa, presents a remarkable investment opportunity. Located at 4400 E 46th St, in Polk County, zip code 50317, this property boasts a highly desirable MX3 Mixed Use zoning, allowing for a variety of development options. The site features approximately 460 feet of frontage on Hubbell Avenue, a major thoroughfare with a traffic count exceeding 14,000 vehicles per day. Its strategic location at a lighted intersection on the southwest corner of E Hubbell and E 46th Street ensures high visibility and accessibility. The property is situated within a rapidly expanding redevelopment corridor, benefiting from a substantial population base: 38,000 within a 3-mile radius and 94,000 within a 5-mile radius. The asking price is $1,268,000, translating to $7.50 per square foot. Highest and best uses include retail, office, and owner-user developments, such as banking or medical facilities. Tax Increment Financing (TIF) may be available for approved projects. Note that a house is included on the property. An adjacent 2.69-acre parcel is also available for purchase, offering a combined total of 7.169 acres and over 1,100 feet of Hubbell Avenue frontage.

Highlights

  • Rapidly expanding redevelopment corridor in Des Moines, IA.
  • High-visibility location at a lighted intersection on the southwest corner of E Hubbell and E 46th Street.
  • 4.479-acre land parcel (house included).
  • 4.479 acres available; $7.50 per square foot.
  • MX3 Mixed Use zoning.
  • Highest and best use: retail, office, owner-user (banking, medical).

Property Details for 4400 46Th St

Property type
Other land, Land
Lot Size (sq. ft)
195,105 SF

Location Insight

City
Des Moines
County
Polk
State
Iowa
Latitude
41.641850094877
Longitude
-93.522279106997
4400 46Th St, Des Moines, Iowa

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4400 46Th St
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