Des Moines Portfolio of properties for Sale - Northwest

This multifamily opportunity includes a 4-Unit and a duplex available as a portfolio or separately. 1118 26th St has one studio, two 1-Beds and a 2-Bedroom unit. 1118 offers solid in-place income with average rents of $771.25/month and market rents in current condition at $822.50, supported by nearby rent comps. 1120 26th St is a duplex with both sides having 6 bedrooms, 3 bathrooms and laundry in the unit. Currently, they're rented out at $2,650/side and upon lease renewal we expect $2,780/side. Both properties were built in 1893, 1118 with approximately 1,930 SF and 1120 with 4,181 SF and positioned in the Drake Neighborhood, a very desirable central Des Moines location near medical centers, schools, and major employers. The properties are a short 1-2 minute walk from the Drake Campus. At the $799,000 asking price, the property delivers a 7.3% proforma cap rate and stable in place cash flow, strong tenant demand, and long-term value appreciation in the growing Des Moines market. This asset is well-suited for both local and out-of-state investors seeking reliable returns and appreciation.

Property Subtype:

Multi Family

Date on Market:

2026-04-02

Des Moines Office for Sale - South

Available for sale is this 2-story, 1,872 SF office building located at the NE corner of SE 22nd Street and East Park Avenue. Built in 1982, the property was remodeled in 2013 with new windows, siding, and quality interior remodel. Other property features include a 1,224 SF partially finished basement ideal for storage, patio/deck, and a 24’ x 24’ detached garage/storage shed. This is a unique opportunity to own an office building in SE Des Moines where there is little office inventory.

Date on Market:

2026-02-10

Durant Multifamily for Sale

Harvest Meadow Estates is a 14-unit residential facility located at 807 3rd Street in Durant, Iowa. The property is situated on approximately 0.66 acres (28,800 SF) and is zoned commercial, allowing for a variety of residential and institutional uses. Originally constructed in 1982, the building underwent a comprehensive renovation in 2025, resulting in a modernized asset with updated mechanical systems, common areas, and accessibility features. The building contains approximately 7,644 square feet and is currently 100% vacant, providing a buyer with the ability to immediately implement their own operational model or conversion strategy. Seller financing is available. The property consists of 14 total units, including 13 studio apartments and one two-bedroom apartment located on the lower level. The building is arranged across three levels, all of which are served by a fully operational elevator connecting the basement through the second floor. The main level features a large community living area, open dining room, and oversized kitchen designed to accommodate shared meals or group use. This level also includes four studio units, a community laundry facility, and a shared half bathroom. The upper level includes eight studio apartments, while the lower level contains a premier studio unit, the two-bedroom apartment, a full shared bathroom, a recreation or activity area, and an administrative office. The structure is built on a poured concrete foundation and is serviced by 400-amp electrical service (two 200-amp panels). Heating is provided by gas-fired furnaces manufactured in 2024, with cooling supplied by six separate air conditioning units, at least one of which is confirmed to be manufactured in 2024. The property is connected to city water and city sewer. Two water heaters serve the building (manufactured in 2021 and 2002). The age of the roof is unknown, and there is no on-site generator. A garage area includes an AC splitter installed approximately 2024. The building is wheelchair accessible and includes safety rails throughout. Additional safety features include smoke and carbon monoxide alarms and building-wide Wi-Fi. Common amenities include a community dining room, large shared living room, activity and recreation space, reading area, four-season room, fitness equipment, business center access, community laundry facilities, resident refrigerator storage, landscaped grounds, garden area, and on-street parking. LOCATION: Durant is a city in Cedar, Muscatine, and Scott counties in the U.S. state of Iowa. The population was 1,871 at the time of the 2020 census. Durant is part of the Davenport–Moline–Rock Island, IA-IL Metropolitan Statistical Area, while the Muscatine County portion of the city is part of the Muscatine Micropolitan Statistical Area. The median home cost in Durant is $219,600. Home appreciation the last 10 years has been 54.0%. Home Appreciation in Durant is up 12.8%. Renters make up 22.8% of the Durant population. 4.5% of houses and apartments in Durant, are available to rent. The average studio rents for $750/month. The average 1-bedroom unit rents for $780/month. The average 2-bedroom unit rents for $1,020/month. The average 3-bedroom unit rents for $1,280/month. The average 4-bedroom unit rents for $1,370/month. Durant has an unemployment rate of 4.1%. The US average is 6.0%. Future job growth over the next ten years is predicted to be 25.0%. The Median household income of a Durant resident is $72,212 a year. The US average is $69,021 a year. Durant violent crime is 13.3. (The US average is 22.7) Durant property crime is 15.6. (The US average is 35.4) The Quad Cities metropolitan area, more formally known as the Davenport–Moline–Rock Island Metropolitan Statistical Area (MSA), is the metropolitan area associated with the Quad Cities in Iowa and Illinois. The Davenport–Moline–Rock Island MSA consists of four counties – Scott County in Iowa and Henry, Mercer, and Rock Island counties in Illinois – and had an estimated population of 384,324 as of 2020.

Property Subtype:

Apartment

Date on Market:

2026-01-13

Waterloo Multifamily for Sale

The KataLYST Team by KW Commercial is pleased to market exclusively for sale the Roosevelt Senior Apartments located in Waterloo, IA. These units were converted from a school to affordable senior units through the historical rehab program in 2003 and feature in unit furnaces, 10 ft ceilings, an elevator, sprinkler system, and upgrades throughout. The Roosevelt Senior Apartments have surpassed their initial 15-year LP/GP hold structure and are within the 2nd 15-year phase for senior affordable housing. Current vacancy exceeds 25% and will require a significant down-payment and proven operator to obtain new financing. However, with management improvements, factoring in a 10% vacancy, 3% expense increases, marginal 1.8% rent increases, as well as Reserves and upkeep, new ownership should be able to obtain a 10% Cap rate or above.

Property Subtype:

Apartment

Date on Market:

2025-12-15

Fort Dodge Retail for Sale

Hard Corner Location | Main Retail Corridor | 20,000 VPD • CVS sits at the hard corner of 5th Ave S and S 121st St with excellent visibility to roughly 20,000 vehicles per day. • 5th Ave S serves as Fort Dodge’s main retail corridor, with numerous national retailers in the immediate area. o Major retailers in the surrounding area include ALDI, Menard’s, Walmart Supercenter, Target, and Dollar General, amongst others. o Other 5th Ave S retailers include O’Reilly Auto, Starbucks, Wendy’s, Bath & Body Works, Dunkin’, Advance Auto, Buffalo Wild Wings, and many more. 6 Minutes From UnityPoint Health - Trinity Regional Medical Center | Near Other Medical Offices and Facilities • CVS is situated approximately 6 minutes away from the UnityPoint Health - Trinity Regional Medical Center, a 200-bed regional referral center employing over 1,000 healthcare professionals and supported by a medical staff of 65 physicians. • Trinity is part of UnityPoint Health – Fort Dodge, within the broader UnityPoint Health network that serves communities across Iowa and parts of Illinois. • UnityPoint Health – Fort Dodge provides services for 8 counties in North Central Iowa, an approximate population of 137,000. • The surrounding area is home to a dense cluster of medical offices and healthcare facilities that drive steady traffic and daytime demand. Absolute NNN Lease | Corporate Guarantee | Zero Landlord Responsibilities | No Rent Holiday • The Property is subject to a long-term Absolute NNN lease with CVS which provides for zero landlord responsibilities and a completely passive investment. The lease boasts a corporate guarantee for added security. • This particular CVS does not have a common “Rent Holiday” clause nor any decrease in rent during the 1 first two option periods. Great Local Synergies | Schools | Nestle Purina PetCare Plant – $200M 2024 Investment | Other Distribution and Manufacturing • CVS is located within 10 minutes of numerous local schools including, but not limited to, Cooper Elementary, Fort Dodge Senior High and Middle, Fair Oaks Middle, and Saint Edmond Catholic School, among many others. As well, the Property is less than 10 minutes from Iowa Central Community College. • The Property is located roughly a quarter mile from Nestlé Purina’s PetCare manufacturing facility, which has produced canned cat food in Fort Dodge since 1995. In February 2024, Nestlé announced a $200 million expansion of the plant, reinforcing its long-term investment in the area. • Fort Dodge is home to a diverse base of manufacturing and distribution employers, including Pepsi, Winger Companies, National Gypsum Co., United States Gypsum Co., and Northern Lights Foodservice. fil-A, Tidal Wave Auto Spa, UnityPoint Health, and More • The Property is located just one-half mile from Corridor Plaza & Pavilion, a $90+ million redevelopment of the former Crossroads Mall. The project received over $17 million in Iowa Reinvestment District funding in 2021 to transform the site into a vibrant mixed-use district featuring event, retail, and hospitality uses. • Construction began in late 2024, with confirmed and planned tenants including Hy-Vee, Chick-fil-A, UnityPoint Health, Discount Tire, Tidal Wave Auto Spa, maurices, Dunham Sports, and many more. Proximity to Iowa’s Best Recreation | 800-Acre Offroad Park | 3 Time “Iowa’s 18-Hole Course of the Year” | 100-Acre Sports Complex – Host of State High School Softball Tournament 70+ Consecutive Years • CVS is located 10 minutes from the Gypsum City OHV Park. The 800-acre Off-Highway Vehicle park is Iowa’s largest with over 65 miles of trails for ATV, motorcycle, and other offroad riders. • The Property is also near the Harlan & Hazel Rogers Sports Complex, a 100-acre venue with 24 playing fields that holds state tournaments and community sports events. The Complex plays host for numerous Fort Dodge High School and Iowa Central Community College teams in addition to hosting the Iowa High School Girls State Softball tournament for the past 70+ years. • The Property is 5 minutes away from the Rosedale Rapids Aquatic Center, which features over 30 different water attractions for children, as well as the Oleson Park Splashpad and Music Pavilion. • Additionally, CVS is 10 minutes away from the Fort Dodge Country Club. The club’s semi-private golf course has been voted “Iowa’s 18-Hole Course of the Year” three separate times, most recently in 2022. • Other recreational activities in the area include the Webster County Fairgrounds, the Sports Park Raceway, a disc golf course, bowling alley, and numerous local/state parks, trails, rivers, and creeks.

Property Subtype:

Drug Store

Date on Market:

2025-11-20

Van Meter Land for Sale - Outlying Dallas County

Located just two blocks south of Van Meter High School and within the highly regarded Van Meter school district, the site offers immediate appeal to developers targeting family-oriented buyers seeking quality education and small-town charm. The property benefits from proximity to major thoroughfares including Highway 293 and County Highway F90, ensuring seamless connectivity to Waukee, West Des Moines, and the broader metro area. The surrounding region is experiencing steady residential expansion, supported by strong demographics and increasing demand for new housing options. Nearby amenities include Inspired Kids Academy, American Legion Post 4031, and recreational facilities, enhancing the livability and marketability of future residential units. With utilities and infrastructure accessible and neighboring parcels already developed or in planning stages, this site is primed for a smooth entitlement and build-out process. The land’s gentle topography and adjacency to institutional and residential uses further support a variety of development configurations, from single-family homes to small-scale multifamily or senior living concepts. Whether for a local builder or a regional developer, this offering represents a strategic investment in a high-growth corridor with long-term upside.

Property Subtype:

Residential

Date on Market:

2025-11-13

Adel Land for Sale - Outlying Dallas County

This gently to strongly sloping property has an estimated 111.29 FSA/Eff. crop acres. There are currently an estimated 107.00 acres in production with a CSR2 of 86.50. The property includes a 36' x 25' grain bin. Open lease for 2026. DEVELOPMENT POTENTIAL Land is adjacent to Meadow View Elementary, Van Fossen Square Apts, single-family housing and the proposed Adel Sports Complex. Water and sewer connections are available at or near the property. Adel Future Land Use map shows single-family and medium-family residential use.

Property Subtype:

Agricultural

Date on Market:

2025-10-24

Swisher Land for Sale

Prime development opportunity in Johnson County, Iowa, along highly traveled Highway 965 in Swisher. This property totals just over 34 acres and is located in a growing corridor between Cedar Rapids and Iowa City with a demand for commercial and industrial uses. The future land use map supports commercial development, and the site is subject to a fringe area agreement. A public well will serve the property, with each lot supported by individual septic systems. Attached concept plan is for illustrative purposes only—owners will not subdivide.

Property Subtype:

Residential

Date on Market:

2025-10-02

Cedar Rapids Land for Sale

6.47-acre development site located just south of Williams Blvd SW near Breyer St SW. The adjoining parcel to the north has been acquired by Tractor Supply Company, which plans immediate development and will extend city utilities to the area. This positions the site perfectly for future projects, with infrastructure and momentum already underway.

Property Subtype:

Commercial

Date on Market:

2025-09-26

Mount Pleasant Multifamily for Sale

CBRE is pleased to offer the opportunity to acquire Mapleleaf Apartments, a 48-unit apartment community located in Mount Pleasant, Iowa. Mt. Pleasant is home to numerous agriculture, manufacturing, and logistics companies and located at the junction of Hwy 34 and Hwy-218 in Southeast Iowa, 50 miles directly south of Iowa City. This property is owned and well-maintained by the original developer. The property is located within a 5-minute drive to major employers including Walmart Distribution Center, Walmart Supercenter, Hearth & Home Technologies, Continental, Cornerstone Building Brands, Beck’s Hybrids, Golden Eye Distributing Company, and Innovairre. Mapleleaf Apartments is a senior or disabled designated 100% Project Based Section 8 community with 5 years remaining on an Option 2 HAP contract. The last NSPIRE inspection was conducted 5/7/2025 and scored a 97. Please click here for more information: https://www.cbredealflow.com/buyer/agreement?pv=BlvyHeRmV_hDLE_0W-LsOGYPQ8OQZ30aTh_LOX6Y1q3-Ka2hVEbeebdvnrHvheRs

Property Subtype:

Apartment

Date on Market:

2025-09-02

Urbandale Land for Sale - Western Suburbs

-Senior Housing Only - Seller has hired an Engineering firm for Site analysis and Buyer review. - I-80 interchange complete with access provided for on-off traffic both directions. - Great location for senior housing with bike trail initiating south bound travel to Urbandale neighborhoods. - PUD zoning modified Sumer of 2022 with allowance uses expanded to include 55+ senior housing, memory care and assisted living. All previously allowed commercial uses. - Utilities to property line - Three story limit on building height - Johnston School District

Property Subtype:

Commercial

Date on Market:

2025-07-11

Sioux City Multifamily for Sale

5-unit rental property. The sale includes a 4-plex and 1 stand-alone studio apartment-style home. All units are fully renovated including floors, kitchens, bathrooms, etc. The property has brand new plumbing, electrical, water heaters, and furnaces. The roof was replaced in 2020 and all windows replaced in 2019. Tenants pay MidAmerican. Landlord responsible for water/sewer.

Property Subtype:

Apartment

Date on Market:

2023-02-03

Grimes Land for Sale - Western Suburbs

Property Subtype:

Residential

Date on Market:

2019-01-09

Tiffin Land for Sale

Commercial lots available for sale in the Iowa City MSA

Property Subtype:

Commercial

Date on Market:

2025-05-16

Waterloo Land for Sale

The National Cattle Congress has brought entertainment to Waterloo and beyond for over 100 years, we would like to assist NCC in ushering the next 100. The current site, located at 204-250 Ansborough Ave, Waterloo, IA 50701 is ideally located near the heart of Waterloo. This redevelopment opportunity aims to draw people, talent and industry to this site, creating a pivotal entertainment destination for the Cedar Valley and the potential to provide a transformational effect to the Waterloo area for the next 100 years. The redevelopment of this land could include: Sports and Entertainment opportunities Mixed -use development Live, work, play opportunities to activate the site Activate access to adjacent natural resources, parks, trails, attractions creating a sum that is greater than the individual parts.

Property Subtype:

Commercial

Date on Market:

2024-11-07

Waukee Land for Sale - Western Suburbs

Direct visibility from Interstate 80 and access from the new Grand Prairie Parkway interchange at mile marker 118

Property Subtype:

Commercial

Date on Market:

2019-04-17

Clinton Multifamily for Sale

Welcome to a well-cared-for triplex that offers dependable income and low-maintenance ownership. Located close to major employment centers, shopping, dining, the YWCA, and the community pool, this property consistently attracts renters looking for convenience and accessibility. With a current monthly income of $2,000, plus long-term tenants in two units and a newly placed tenant at $800/month, this building provides immediate revenue with room for upside. Utilities are simple, with water averaging $50/month, sewer $99/month (including trash), and the common area electric averaging only $25/month. Gas is billed back to tenants via RUBS, keeping owner expenses predictable. The property has been well-maintained over the years, benefiting from less deferred maintenance compared to similar buildings. Recent updates include fresh interior paint throughout-Unit 3 received a full repaint-as well as new bathroom flooring in Unit 3. The exterior has also been completely painted, and the deck was recently replaced (per the city inspector) and newly sealed with wood stain. The roof was inspected during another project and confirmed to be in good condition, with no replacement needed. This is an excellent opportunity for investors looking for a stable, well-kept asset or those considering house hacking.

Property Subtype:

Apartment

Date on Market:

2026-03-16

Vinton Retail for Sale

Endless Opportunity Awaits! This unique commercial property offers incredible versatility and income potential. The main level features over 4,000 sq. ft. of prime commercial space that can easily be designed as one expansive establishment or divided into multiple units. Perfect for a storefront, restaurant, office suites, or any business venture you envision—the options are truly limitless. Upstairs, discover two separate living spaces: Check out the floor plans! A newly remodeled 1 bed, 1 bath apartment—modern and move-in ready. A charming 3 bed, 1 bath home with a spacious living room, formal dining area, and beautifully updated kitchen, giving you the warmth of character combined with the style of loft living. These units provide outstanding flexibility—ideal for rental income, Airbnb opportunities, or even a personal residence for the new owner. Enjoy balconies and an open rooftop space, perfect for relaxing outdoors or entertaining with incredible views. The property also includes an attached garage for added convenience and a large basement, offering even more potential for future finished space, storage, or expansion. Whether you’re looking to grow your business, diversify with rental income, or both, this property delivers the space, character, and opportunity to make it happen.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-12-22

Cedar Rapids Land for Sale

Exceptional development land at the intersection of I-380 and Wright Brothers Blvd in Cedar Rapids, IA

Property Subtype:

Commercial

Date on Market:

2025-12-05

New Vienna Retail for Sale

Historic Downtown Building – For Sale or Lease New Vienna, Iowa A rare opportunity to own or lease a fully renovated historic building in the heart of New Vienna, just minutes from the world-famous Field of Dreams. This two-story brick landmark was formerly operated as a tavern with living quarters above and is now undergoing a complete renovation, blending modern updates with timeless character. Each floor offers 1,776 sq. ft. of space, with the flexibility to use the entire building or divide the upper level for a short- or long-term rental. The main floor features a prominent corner entrance with large display windows, making it ideal for a tavern, restaurant, retail, or office use. The second floor offers versatile options, including residential, office, or AirBnB-style accommodations. Renovations are being completed with attention to preserving the building’s original charm, including the ornate tin ceiling and carefully crafted casework. The property will be delivered fully updated, and the buyer or tenant specifications may be incorporated into the renovation for a truly customized space. Whether you’re seeking a flagship location for your business, an investment property with rental potential, or a unique live/work opportunity, this property offers outstanding flexibility and historic charm in a central small-town setting.

Date on Market:

2025-08-29

Coralville Land for Sale

Cushman & Wakefield Iowa Commercial Advisors Exclusively Offers: - Commercial corner located at signalized intersection in North Coralville - In close proximity to Oakdale Research Park and dense residential neighborhoods - Ideally suited for multi-family, senior housing, mixed-use, or neighborhood commercial - Flexible lot sizes as they can be subdivided and replatted to fit prospects’ needs - Convenient location on two major arterial roadways connecting the northern portion of Coralville and North Liberty to the heart of Coralville and I-80 Lot 1: 1.84 AC | Sale $12.00/SF Lot 2: 1.51 AC | Sale $10.00/SF Lot 3: 1.24 AC | Sale $5.50/SF Lot 4: 1.10 AC | Sale $5.50/SF All Lots: 5.69 AC | Contact listing agent *Subject to final infrastructure costs and use. Lot sizes can be modified to accommodate users. Contact listing agent for build-to-suit and ground lease options & pricing.

Property Subtype:

Commercial

Date on Market:

2019-07-19

Marshalltown Health Care for Sale

Locate Commercial Real Estate has been retained to offer the former Hospital Complex in Marshalltown, Iowa. The 306,655 square foot facility is made up of multiple interconnected buildings located on a strategic 7 acre parcel in the downtown core of the city. It operated as a full service acute care hospital and medical office until Spring 2022, at which time operations were moved to a newly constructed facility in Marshalltown. The city is supportive of a major redevelopment of the property into a mixed use campus that would offer market rate and/or low income multifamily housing, senior housing, assisted living, retail and restaurants, and medical/office spaces. The site is in Marshalltown’s Downtown Urban Renewal District which affords it multiple financial assistance opportunities including tax abatement and TIF rebates, the latter of which can be very substantial because the property has previously paid no property taxes when operated as a hospital.

Property Subtype:

Hospital

Date on Market:

2023-01-17

West Des Moines Portfolio of properties for Sale - Western Suburbs

Veterans Business Park is located in a very strategic location between I-35 and the Des Moines International Airport. The development benefits from being directly off of the Veterans Parkway interchange. Veterans Parkway runs into Highway 28 (63rd Street) to the north and loops to I-35 to the south. The SW Connector now runs south via Veteran's Parkway to the northern edge of Cumming before veering west towards Maffitt Reservoir and then heading north over the Raccoon River hooking in with Grand Prairie Parkway and ending at I-80. Veterans Business Park is located next to Microsoft's new $1.1 billion data center called Project Alluvion. It's a four-phase project that sits on 154 acres and is directly east of the development site. Ten-minute drive time to the west mix-master (I-80/35 and I-235), 20-minute drive to east mix-master (I-80/35 and I-235), and ten minutes from Downtown Des Moines. The utilities in the area allow for Data Center development. The close proximity to all of Des Moines makes Veterans Business Park a great retail fulfillment center location.

Date on Market:

2017-04-13