909 Locust St - office in Des Moines, IA
Office

909 Locust St

des moines, ia, 50309, des moines, IA 50309

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Low Confidence
Low
$4.00/SF
Mid
$250.00/SF
High
$700.00/SF
Tier Used
direct_comps

Based on 3 comparable office sale listings in the area.

Tier Resolution Trace
Tier 1success3 compsselected
Cost Breakdown
ComponentValueDetailSource
Base Rent$250.00/SFdirect_comps
Source Provenance (1)
SourceTypeCountYearFreshnessPeer
OpenSearch Listingscomparable_listings3real-time
Data sources used
listings

Description

Now available for lease, office space located at 909 Locust St Des Moines, Iowa 50309.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

des moines, ia, 50309, des moines, IA 50309

Marker
Leaflet © OpenStreetMap contributors

Unified Estimate

Medium Confidence
$212.50/SF-$287.50/SF
Mid: $250.00/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

Sale Price History

Market report quarterly trend fallback

Very Low Confidence

Modeled Rate Estimate

$112.32 – $144.41/SF/yr

Estimator modeled rate · mid $128.36

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Financing Assumptions

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Employment Trend

YoY Growth:-0.4%
Avg Weekly Wage:$1,295

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population38,487
Median Income$63k↓ 16%
College Educated21.2%↓ 12.2pp
Median Age42.3 yrs
Median Home Value$137k
Unemployment3.1%

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Assumptions
  • Interest rate: 6.47% (FRED live)
  • Loan term: 25 years
  • Down payment: 25.0%
  • Market comparison: office in des moines, IA

More Office for Sale in Des Moines, IA(5)

Contact Broker

Listed by

JLL