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Financial
Distress signals
Property profile

2143 Grand Ave Des Moines, IA 50312

OFF-MARKET
Other investment properties
Property ID
US25-0042621
15,150 SF 0.96 ac lot Built 1996
Last sale Jun 2019 · $1,265,000
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This flex space property has 15,554 square feet of building area as measured by the assessor and is configured to support a combination of office, storage, and production uses, with multiple functional areas within one facility. The property is served by approximately 45 parking spaces and is located at 2143 Grand Avenue in Des Moines, positioned west of downtown along Grand Avenue.

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?
$39k
Tax billed · 2020
Assessed value · 2023$1.43M
Assessed land$596k
Assessed improvement$834k
Effective rate2.71%

Value estimate

· Oct 2026
$1.89M
$1.70M – $2.08M
CAP approach$2.39M
Submarket $/SF estimate$1.50M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$103/SF
Submarket average, outlier-cleaned · 290 recorded sales of this use type
Observed band · Q1–Q3$62 – $162
Qualifying comparables10

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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply24.2
Wholesale Shop23.7
Auto Repair Shop19.7

Location

2143 Grand Ave Des Moines, IA 50312-5303
County assessor Recorded deeds · 4 transfers 10 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2203 Grand, Des Moines, IA 50312-5305 $1,250,000 Jun 2025 10,563 SF
2200 Grand, Des Moines, IA 50312-5306 $1,300,000 May 2022 24,570 SF
2411 Grand, Des Moines, IA 50312-5343 $610,000 Jan 2021 8,004 SF
515 28th, Des Moines, IA 50312-5259 $526,500 Nov 2020 12,100 SF
3716 Ingersoll, Des Moines, IA 50312-3440 $500,000 Sep 2020 8,527 SF
2015 Grand, Des Moines, IA 50312-4901 $1,875,000 Mar 2020 29,946 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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