Financial
Distress signals
Property profile

207 9th St Des Moines, IA 50309

OFF-MARKET
Other investment properties
Property ID
US25-0581547
54,368 SF 0.46 ac lot Built 1986
Last sale Aug 2025 · $32,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This multifamily residential income apartment building totals 53,868 square feet and is located at 207 9th St in Des Moines, Iowa 50309. The available information does not specify the unit mix, on-site amenities, parking configuration, or the building’s current condition.

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?
$107k
Tax billed · 2020
Assessed value · 2023$2.52M
Assessed land$1.10M
Assessed improvement$1.42M
Effective rate4.23%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$177/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$79 – $291

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?
C-3
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store9.6
Locksmith9.0
Watch Repair Shop8.7

Location

207 9th St Des Moines, IA 50309-3601
County assessor Recorded deeds · 3 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
218 6th, Des Moines, IA 50309-4013 $9,200,000 Feb 2023 102,268 SF
1717 Ingersoll, Des Moines, IA 50309-3329 $2,098,000 Apr 2022 23,777 SF
301 Grand, Des Moines, IA 50309-1718 $7,100,000 Apr 2022 36,514 SF
555 Walnut, Des Moines, IA 50309-4116 $1,920,000 Nov 2020 110,555 SF
200 Grand, Des Moines, IA 50309-1856 $14,100,000 Oct 2020 55,874 SF
1312 Locust, Des Moines, IA 50309-2900 $10,000,000 Dec 2019 37,112 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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