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Financial
Distress signals
Property profile

4919 Douglas Ave Des Moines, IA 50310

FOR SALE
Medical Office Space
Property ID
US25-0278069
8,460 SF 1.46 ac lot Built 1985
Last sale Sep 2026 · $4,300
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

The property includes approximately 2,000 square feet of first-floor space that was previously used as a dentist’s office, with layout features suitable for professional medical/dental office use and potential for adaptation to other commercial uses. An additional approximately 550 square feet of second-floor space is configured with three office rooms, including two rooms with private restrooms.

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?
$19k
Tax billed · 2020
Assessed value · 2023$603k
Assessed land$208k
Assessed improvement$395k
Effective rate3.15%

Value estimate

· Oct 2026
$350k
$315k – $385k
AI approach$415k
NOI build-up
Gross scheduled income$152k
Vacancy & credit loss−$12k
Operating expenses−$56k
NOI · 701,316.67% cap applied$84k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$166/SF
Submarket average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$61 – $221

Cap rate analysis

How does the asset earn?
701,316.67%
$84k 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?
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 Firm17.9
HVAC Service13.5
Realty agency12.7

Location

4919 Douglas Ave Des Moines, IA 50310
County assessor Recorded deeds · 6 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

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3836 Beaver, Des Moines, IA 50310-3633 $280,000 Jan 2023 2,413 SF
4020 Merle Hay, Des Moines, IA 50310-1310 $6,332,000 Mar 2022 12,987 SF
2636 Beaver, Des Moines, IA 50310 $350,000 Nov 2020 2,142 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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