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Property profile

1202 Army Post Rd Des Moines, IA 50315

OFF-MARKET
Retail space
Property ID
US25-0017494
5,377 SF 0.44 ac lot Built 2004
Last sale Sep 2004 · $275,000
Individually Owned Owner of record is an individual. 22-yr Hold Held for 22 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial building with a predominantly open showroom layout, approximately 70% of the interior configured for showroom use and the remaining 30% allocated to office space, storage, and other back-of-house functions. The building has undergone a roof replacement and recent interior cosmetic renovations. It is located along the Army Post Road corridor and is supported by documented traffic volume of approximately 13,500 vehicles per day. The property is zoned RX1 Mixed Use and is configured for lease use, totaling 5,377 square feet.

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?
$11k
Tax billed · 2020
Assessed value · 2023$231k
Assessed land$121k
Assessed improvement$110k
Effective rate4.62%

Value estimate

· Nov 2026
$165k
$149k – $182k
AI approach$165k

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

Recently sold

What actually traded nearby?
$116/SF
Submarket average, outlier-cleaned · 86 recorded sales of this use type
Observed band · Q1–Q3$57 – $186
Qualifying comparables5

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-2
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm25.3
Realty agency24.7
Building Supply17.9

Location

1202 Army Post Rd Des Moines, IA 50315-5542
County assessor Recorded deeds · 4 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3104 9th, Des Moines, IA 50315-2205 $160,000 Oct 2022 8,768 SF
6304 9th, Des Moines, IA 50315-5517 $3,567,000 Sep 2020 6,203 SF
4803 9th, Des Moines, IA 50315-3802 $225,000 Mar 2020 6,698 SF
228 Army Post, Des Moines, IA 50315-5823 $300,000 Jun 2019 6,810 SF
1020 Army Post, Des Moines, IA 50315-5572 $675,000 May 2019 6,000 SF
3915 9th, Des Moines, IA 50315-3583 $1,593,000 Mar 2019 8,222 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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