Financial
Distress signals
Property profile

2700 Ingersoll Ave Des Moines, IA 50312

FOR LEASE
Other commercial real estate
Property ID
US25-0009220
32,437 SF 2.29 ac lot Built 1997
Last sale Dec 2016 · $4,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

Ingersoll Plaza is a retail shopping center located on the Grand/Ingersoll Avenue corridor in Des Moines, Iowa, positioned near Downtown Des Moines and adjacent to a Starbucks and the MoLo boutique hotel. The center includes 10,761 square feet of retail space and is part of a tenant mix that has historically included quick-service and restaurant uses such as Taco John’s, Panchero’s, Firehouse Subs, and Panka Peruvian Restaurant.

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?
$89k
Tax billed · 2020
Assessed value · 2023$2.53M
Assessed land$1.06M
Assessed improvement$1.47M
Effective rate3.51%

Value estimate

· Sep 2026
$5.27M
$4.74M – $5.79M
AI approach$5.11M
CAP approach$5.11M
Submarket $/SF estimate$3.16M

Realmo valuation models over county records and 6 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 comparables6

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: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store10.8
Building Supply10.5
Wholesale Shop9.8

Location

2700 Ingersoll Ave Des Moines, IA 50312
County assessor Recorded deeds · 13 transfers 6 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3911 Ingersoll, Des Moines, IA 50312-3505 $400,000 Jul 2024 10,008 SF
1101 63rd, Des Moines, IA 50312-1622 $912,500 Dec 2023 1,296 SF
3711 Ingersoll, Des Moines, IA 50312-3410 $550,000 Jul 2022 5,290 SF
3101 Ingersoll, Des Moines, IA 50312-3918 $1,875,000 Mar 2022 13,468 SF
3939 Grand, Des Moines, IA 50312-3507 $475,000 Jul 2019 4,513 SF
511 28th, Des Moines, IA 50312 $150,000 Mar 2019 596 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message