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Financial
Distress signals
Property profile

3523 6Th Ave Des Moines, IA 50313

FOR LEASE
Strip malls
Property ID
US25-0161801
10,670 SF 0.21 ac lot Built 1929
Last sale Mar 2021 · $373,000
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

This exceptional executive office space in Des Moines, Iowa, presents a unique opportunity for businesses seeking a prestigious location. Situated at 3523 6th Ave in Polk County, this property offers a total of 5,036 square feet within a retail and office building. Currently, 1,648 square feet of contiguous space is immediately available for lease, representing a significant portion of the building's total footprint. The minimum leasable space is also 1,648 square feet, making this an ideal…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$4k
Tax billed · 2020
Assessed value · 2023$1.05M
Assessed land$106k
Assessed improvement$941k
Effective rate0.36%

Value estimate

· Oct 2026
$435k
$392k – $479k
AI approach$345k
NOI build-up
Gross scheduled income$106k
Vacancy & credit loss−$8k
Operating expenses−$29k
NOI · 528,961.54% cap applied$69k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$80/SF
Submarket average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$53 – $117
Qualifying comparables5

Cap rate analysis

How does the asset earn?
528,961.54%
$69k 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?
C-2
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 agency20.2
Law Firm19.6
Spa & Massage14.8

Location

3523 6Th Ave Des Moines, IA 50313
County assessor Recorded deeds · 5 transfers 5 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

2 recorded sales · 12 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3923 14th, Des Moines, IA 50313-3813 $400,000 Oct 2022 5,500 SF
505 Euclid, Des Moines, IA 50313-4237 $210,000 Feb 2020 3,272 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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