Financial
Distress signals
Property profile

1660 22nd St West Des Moines, IA 50266

OFF-MARKET
Retail space
Property ID
US25-0149422
14,418 SF 1.75 ac lot Built 2001
Last sale Dec 2020 · $6,660,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a drug store site featuring a drive-through pharmacy and is configured for a double net lease structure, with landlord responsibility limited to the roof and exterior structure. It is located on the northwest corner of 22nd Street and Weston Parkway in West Des Moines, Iowa, at a signalized intersection with traffic volumes exceeding 48,000 vehicles per day. The surrounding area includes a two-level mall of approximately 859,399 square feet about one mile to the west, with

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$79k
Tax billed · 2020
Assessed value · 2023$3.12M
Assessed land$1.38M
Assessed improvement$1.74M
Effective rate2.53%

Value estimate

· Sep 2026
$5.49M
$4.94M – $6.04M
AI approach$5.77M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$117/SF
County average, outlier-cleaned · 117 recorded sales of this use type
Observed band · Q1–Q3$60 – $175

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RC
$21
General categoryCOMMERCIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply17.8
Auto Parts Store16.7
Storage Facility14.7

Location

1660 22nd St West Des Moines, IA 50266-1445
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
330 Jordan Crk, West Des Moines, IA 50266-8408 $7,800,000 Dec 2022 5,572 SF
7265 Vis, West Des Moines, IA 50266-9315 $6,020,000 Dec 2019 5,572 SF
370 Jordan Crk, West Des Moines, IA 50266-8408 $1,025,000 Jan 2019 15,318 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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