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Financial
Distress signals
Property profile

5601 Douglas Ave Des Moines, IA 50310

OFF-MARKET
Retail space
Property ID
US25-2514419
9,438 SF 0.98 ac lot Built 1985
Last sale Jul 2026 · $6,100
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This office building includes an office buildout and provides 8,446 square feet of interior space. It has on-site parking and is located within 5 miles of Interstate 35, with nearby access to Merle Hay Mall, retail uses, other office users, and surrounding residential neighborhoods.

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.

Debts

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?
$20k
Tax billed · 2020
Assessed value · 2023$569k
Assessed land$449k
Assessed improvement$120k
Effective rate3.44%

Value estimate

· Oct 2026
$370k
$333k – $407k
AI approach$370k

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?
R1-60
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 Firm17.0
HVAC Service12.0
Electrical Service11.1

Location

5601 Douglas Ave Des Moines, IA 50310-1800
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
4041 Merle Hay, Des Moines, IA 50310 $33,750 Jan 2024 11,207 SF
2601 Beaver, Des Moines, IA 50310-3909 $225,000 Jul 2022 6,400 SF
2620 Beaver, Des Moines, IA 50310-3961 $400,000 Feb 2022 9,370 SF
5501 Douglas, Des Moines, IA 50310-1843 $1,050,000 Sep 2021 9,010 SF
2716 Beaver, Des Moines, IA 50310-3931 $350,000 Jul 2020 8,215 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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