Financial
Distress signals
Property profile

5550 Wild Rose Ln Unit 400 400 West Des Moines, IA 50266

FOR LEASE
Other investment properties
Property ID
US25-0362702
98,312 SF 2.63 ac lot Built 2008
Last sale May 2022 · $15,750,000
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

This office property is located at the Promenade at West Glen in an area with nearby shopping centers, restaurants, and entertainment, offering access to major roadways including I-35, Mills Civic Parkway, and S. 60th Street. The site provides on-site parking, including surface lots and a covered garage. The building is configured for office use and offers flexible suites with contemporary interior finishes, including high/open ceilings and large window lines for natural light. The property

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$292k
Tax billed · 2020
Assessed value · 2023$11.10M
Assessed land$1.08M
Assessed improvement$10.02M
Effective rate2.63%

Value estimate

· Sep 2026
$15.46M
$13.91M – $17.00M
CAP approach$14.98M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$92/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$50 – $140

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?
PUD B&C
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 Supply24.6
Auto Repair Shop21.3
Auto Parts Store18.3

Location

5550 Wild Rose Ln Unit 400, Unit 400 West Des Moines, IA 50266
County assessor Recorded deeds · 6 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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1601 22nd, West Des Moines, IA 50266-1408 $300,000 Jul 2022 40,004 SF
3330 Westown, West Des Moines, IA 50266-1121 $4,000,000 Jan 2022 67,783 SF
5930 Grand, West Des Moines, IA 50266-5302 $6,412,500 Oct 2021 31,500 SF
4300 Westown, West Des Moines, IA 50266-1266 $13,850,000 Dec 2020 107,068 SF
3200 Westown, West Des Moines, IA 50266-1110 $1,650,000 Nov 2020 35,713 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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