Commercial Land for Sale in Des Moines, Iowa
4880 Ingersoll Ave, Des Moines, IA 50312
OPEN Saturday 11-1 ~INVESTMENT OPPORTUNITY! New Price just made to 1.65! Look at that number twice, because this includes 4 already built executive level townhomes (1672 sq ft each) and 8 additional building slabs. The current occupied rowhomes in the Woods @ Waterbury neighborhood have sold from $660K- $402K. Getting 4 completed properties AND a building site for 8 more in a location like this is amazing. Options for the adjacent lot: build the 8 townhomes, or make it 4 ranch-patio properties ... or even 2 stand-alone garden homes. Take development of this space in a totally different direction, perhaps the available lot is turned into a greenspace park or pool with clubhouse. In this scenario the four completed homes front door would open directly to the park. At this price its possible to truly develop the community into whatever you want! Beyond premiere location in the heart of WATERBURY, just a few blocks from The Des Moines Art Center & rose garden. Tax abatement.
Location
- Street address
- 4880 Ingersoll Ave
- County
- Polk County
- Zip code
- 50312
- Community
- Des Moines West
- School district
- Des Moines Independent
- Elevation
- 950 feet
Directions
From downtown: west on Ingersoll to POLK BLVD, one more block to Waterbury community neighborhood sign, neighborhood on south side of road/left. FROM I-235, south on 42nd, right/west on Ingersoll.
Property details
- Lot size
- 0.055 acres2,396 sq ft
- Zoning
- R
- MLS #
- DMAAR 743013
- Posted
Property taxes
- 2026
- $26,150
Parcels
- 09032501460016
Legal description
UNIT 16 WATERBURY COMMONS
Details and features
Listing
- Type
- Commercial Sale
Structure
- Water
- Public
- Sewer
- Public Sewer
- Cooling
- Central Air
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 16, 2026 | Price drop | $1,650,000 | $250,000 -13.2% | DMAAR |
| Aug 17, 2026 | Price drop | $1,900,000 | $200,000 -9.5% | DMAAR |
| June 26, 2026 | Price drop | $2,100,000 | $300,000 -12.5% | DMAAR |
| June 12, 2026 | New listing | $2,400,000 | — | DMAAR |