Financial
Distress signals
Property profile

1200 Army Post Rd Des Moines, IA 50315

OFF-MARKET
Strip malls
Property ID
US25-0504041
120,460 SF 8.43 ac lot Built 2001
Last sale Nov 2022 · $1,357,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Class A retail property, located at 1200 E Army Post Rd in Des Moines, Iowa, presents a prime investment opportunity. The property, known as Gems by IndusPAD, comprises two buildings totaling 144,138 square feet situated on 15 acres of land. Built in 2001, the single-story structures are zoned C-2 and boast a convenient location directly across from Southridge Mall, ensuring high visibility and substantial foot traffic. Currently, there is 63,137 square feet of vacant space…

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?
$298k
Tax billed · 2020
Assessed value · 2023$7.39M
Assessed land$1.78M
Assessed improvement$5.61M
Effective rate4.03%

Value estimate

· Sep 2026
$1.23M
$1.10M – $1.35M

Realmo valuation models over county records.

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

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.4
Law Firm20.8
Building Supply16.9

Location

1200 Army Post Rd Des Moines, IA 50315-5943
County assessor Recorded deeds · 1 transfer 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

5 recorded sales · 15 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1111 Army Post Rd, Des Moines, IA 50315-5970 $1,430,000 May 2024 No data
2619 9th, Des Moines, IA 50315-1910 $685,000 Apr 2024 4,401 SF
4800 9th, Des Moines, IA 50315 $750,000 May 2023 18,065 SF
2705 9th, Des Moines, IA 50315-2300 $435,000 Oct 2022 4,338 SF
1103 Army Post, Des Moines, IA 50315 $950,000 May 2022 8,636 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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