2701 Douglas AveDes Moines, IA 50310

For Sale
$1,175,000

6-Acre Mixed-Use Development Site

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 5.9-acre parcel at 2701 Douglas Avenue in Des Moines, Iowa, presents a remarkable redevelopment opportunity. Located in the MX3 (Mixed Use District) zoning, this property boasts extensive frontage along Douglas Avenue and access from Clarkson Avenue. Previously occupied by Plaza Lanes Bowling Center, the site is primed for various commercial ventures, including multifamily housing and retail establishments. The City of Des Moines has completed and approved all necessary entitlements. This prime location benefits from high traffic counts, with Douglas Avenue seeing 22,900 vehicles per day and Martin Luther King Parkway Jr (South) recording 17,900 vehicles per day. Tax Increment Financing is available, making this a financially attractive proposition. The asking price for this significant development site is $1,175,000. This is one of the largest available tracts of land in Des Moines, offering unparalleled potential for a variety of uses. The property is situated in Polk County, Iowa, with a zip code of 50310.

Highlights

  • Mixed-use zoning ideal for retail, convenience store, or multi-family development.
  • MX-3 Mixed Use zoning allows flexibility.
  • Tax Increment Financing (TIF) incentives available.
  • Fully entitled and approved by the City of Des Moines.
  • High traffic counts on Douglas Avenue (22,900 VPD) and Martin Luther King Jr. Parkway (17,900 VPD).

Property Details for 2701 Douglas Ave

Property type
Other retail properties, Multifamily properties
Lot Size (sq. ft)
257,004 SF

Location Insight

City
Des Moines
County
Polk
State
Iowa
Latitude
41.628270585815
Longitude
-93.653858776308
2701 Douglas Ave, Des Moines, Iowa

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2701 Douglas Ave
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