Financial
Distress signals
Property profile

1801 Industrial Cir West Des Moines, IA 50265

FOR SALE
Other investment properties
Property ID
US25-0235390
21,668 SF 4.08 ac lot Built 1990
Last sale Jun 2022 · $3,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 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 two-story mixed office and industrial building totaling 21,668 square feet. The first floor contains 11,446 square feet, including 2,576 square feet of industrial or storage space, while the second floor includes 10,222 square feet of office space. The steel-frame structure provides a 25-foot floor height and is configured to include industrial/warehouse space, with an option to add additional industrial warehouse area. A paved parking lot on site provides approximately 38,000

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?
$58k
Tax billed · 2020
Assessed value · 2023$3.01M
Assessed land$642k
Assessed improvement$2.37M
Effective rate1.91%

Value estimate

· Sep 2026
$3.22M
$2.89M – $3.54M
AI approach$2.74M
CAP approach$3.30M
Submarket $/SF estimate$3.06M
NOI build-up
Gross scheduled income$138k
Vacancy & credit loss−$11k
Operating expenses−$38k
NOI · 888,450.00% cap applied$89k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$110/SF
ZIP average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$69 – $154
Qualifying comparables4

Cap rate analysis

How does the asset earn?
888,450.00%
$89k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GI
General industrial areas shall be designated to provide areas for light and heavy industrial uses, and warehouse and distribution facilit...
General categoryINDUSTRIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.5
Law Firm20.0
Dental Office19.2

Location

1801 Industrial Cir West Des Moines, IA 50265
County assessor Recorded deeds · 3 transfers 4 qualifying comp sales 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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1200 12th, West Des Moines, IA 50265-3580 $2,350,000 Dec 2025 26,492 SF
5022 Grand Rdg, West Des Moines, IA 50265-5754 $2,300,000 Apr 2024 13,576 SF
209 5th, West Des Moines, IA 50265-4719 $1,000,000 May 2023 7,848 SF
3424 Ep True, West Des Moines, IA 50265-7680 $1,950,000 Dec 2022 12,832 SF
2202 Wolf, West Des Moines, IA 50265-7663 $3,000,000 Sep 2022 27,008 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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