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Financial
Distress signals
Property profile

3201 Frst Ave Des Moines, IA 50311

OFF-MARKET
Apartment buildings
Property ID
US25-0036921
19,340 SF 1.42 ac lot Built 2017
Last sale May 2019 · $5,087,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$168k
Tax billed · 2020
Assessed value · 2023$4.68M
Assessed land$325k
Assessed improvement$4.36M
Effective rate3.58%

Value estimate

· Oct 2026
$2.21M
$1.98M – $2.43M
CAP approach$2.48M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$147/SF
Submarket average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$77 – $252

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?
NPC
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 agency28.5
Dental Office17.8
Law Firm17.8

Location

3201 Frst Ave Des Moines, IA 50311-2849
County assessor Recorded deeds · 9 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2600 Kingman, Des Moines, IA 50311-4161 $1,133,000 May 2024 22,828 SF
2901 Cottage Grv, Des Moines, IA 50311-3962 $206,500 Jan 2024 9,488 SF
1000 24th, Des Moines, IA 50311-4336 $975,000 May 2022 11,687 SF
3438 University, Des Moines, IA 50311-2342 $810,000 Oct 2021 12,080 SF
2201 Frst, Des Moines, IA 50311-3127 $1,955,000 Oct 2021 12,256 SF
2225 University, Des Moines, IA 50311-4352 $1,998,000 Dec 2018 14,168 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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