Christopher Stafford 5153094002

519 SE 4th St - Development Land | Market District 9 Acres of Commercial Land in Des Moines, IA 50309

INVESTMENT HIGHLIGHTS

Flexible Lots
Accessible
Skyline

Prime location
Panoramic view
Amenity-rich area

EXECUTIVE SUMMARY

Cushman & Wakefield Iowa Commercial Advisors exclusively offers this unique opportunity to acquire land and be a part of the vibrant redevelopment in The Market District - the newly established area on the east side of the Des Moines River, across from Downtown Des Moines and immediately south of the Historic East Village. Formerly an industrial neighbor to Downtown Des Moines, The Market District is quickly turning into a new hub of development activity with several active redevelopment projects currently in the pipeline.
• Prominent property within the Greater Des Moines Metro
• Prime location adjacent to downtown Des Moines and the East Village
• Riverfront property near walking paths and bike trails
• Accessible to vehicles, pedestrians, bicyclists and baseball fans
• Panoramic views of the Iowa State Capitol, Principal Park, Downtown skyline
• Amenity rich area, headlined by the new 9-acre Two Rivers Park

Market District_Flyer

PROPERTY FACTS

Sale Type	Investment	Property Subtype	Commercial
Sale Conditions	Build to Suit Bulk/Portfolio Sale Redevelopment Project	Proposed Use	Commercial Retail Office Mixed Use Hospitality Apartment Units - Condo Fast Food General Freestanding Loft or Creative Space Master Planned Community Planned Unit Development Restaurant Specialty, Festival or Entertainment Storefront Storefront, Retail or Office Storefront, Retail or Residential Strip Center
No. Lots	1	Total Lot Size	9.00 AC
Property Type	Land
Zoning	DX2 District - Retail District

Sale Type	Investment
Sale Conditions	Build to Suit Bulk/Portfolio Sale Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Mixed Use Hospitality Apartment Units - Condo Fast Food General Freestanding Loft or Creative Space Master Planned Community Planned Unit Development Restaurant Specialty, Festival or Entertainment Storefront Storefront, Retail or Office Storefront, Retail or Residential Strip Center
Total Lot Size	9.00 AC
Zoning	DX2 District - Retail District

1 LOT AVAILABLE

Lot 040/01318-

Lot Size	9.00 AC

Lot Size	9.00 AC

• Flexible lot configurations • Lot sizes ranging from 1 to 9 acres • Zoning: DX2 District • Pricing: Contact Broker

DESCRIPTION

POTENTIAL USES: -Residential -Hospitality -Entertainment -Office -Retail -Food & Beverage OFFERING IDEAL FOR: -Master developer -End-users searching for land to construct a building -Long-term investor seeking to capitalize on the district’s vision and location -Strategic development groups -Municipal and civic organizations TAX INCENTIVES: -Available, contact City of Des Moines for more information

PROPERTY TAXES

Parcel Numbers	040-03956000000, 040-03957002000, 040-01445000000, 040-01449000000, 040-01450001000, 040-01328000000, 040-01324000000, 040-03865001000, 040-03955000000, 040-01448000000, 040-01318001000, 040-01446000000, 040-01456002000, 040-03935000000, 040-01443001000, 040-03870002000, 040-01663002000, 040-01447000000, 040-01317001000, 040-01325001000	Improvements Assessment	$1,278,000
Land Assessment	$1,001,600	Total Assessment	$2,279,600