303 University Ave | Des Moines, IA 50314
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303 University Ave
Des Moines, IA 50314
Office Property For Sale
Investment Highlights
- University Avenue frontage; 16,000 vehicles per day.
Executive Summary
Sale Price: $460,000
Lot Size: 26,250 square feet (0.603 acres)
Single-story building with 3,623 square feet of area
Constructed in 1981; renovated in 2004
University Avenue frontage; 16,000 vehicles per day
Lot Size: 26,250 square feet (0.603 acres)
Single-story building with 3,623 square feet of area
Constructed in 1981; renovated in 2004
University Avenue frontage; 16,000 vehicles per day
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,391 SF
Building Class
B
Year Built
1981
Price
$460,000
Price Per SF
$136
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,391 SF
Slab To Slab
12’
Building FAR
0.13
Lot Size
0.60 AC
Zoning
M-1 - Light industrial district
Parking
28 Spaces (7.73 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 080-06053001000 | Improvements Assessment | $441,000 |
| Land Assessment | $111,000 | Total Assessment | $552,000 |
PROPERTY TAXES
Parcel Number
080-06053001000
Land Assessment
$111,000
Improvements Assessment
$441,000
Total Assessment
$552,000
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