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Financial
Distress signals
Property profile

4416 Merle Hay Rd DES MOINES IA 50310-1412 Des Moines, IA 50310

FOR SALE
Retail properties & Spaces
Property ID
US25-0339781
5,888 SF 0.37 ac lot Built 1996
Last sale Jun 2020 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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. 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?
$11k
Tax billed · 2020
Assessed value · 2023$369k
Assessed land$193k
Assessed improvement$176k
Effective rate2.92%

Value estimate

· Oct 2026
$500k
$450k – $550k
AI approach$540k
Submarket $/SF estimate$375k
NOI build-up
Gross scheduled income$88k
Vacancy & credit loss−$7k
Operating expenses−$25k
NOI · 3.75% cap applied$57k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$80/SF
Submarket average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$44 – $109

Cap rate analysis

How does the asset earn?
3.75%
$57k 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?
C-H
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 agency32.4
Law Firm26.3
Dental Office20.8

Location

4416 Merle Hay Rd, Unit DES MOINES IA 50310-1412 Des Moines, IA 50310
County assessor Recorded deeds · 3 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3617 Beaver, Des Moines, IA 50310-3246 $1,660,000 May 2025 6,400 SF
4019 Merle Hay, Des Moines, IA 50310-1311 $975,000 Nov 2022 4,764 SF
2601 Beaver, Des Moines, IA 50310-3909 $225,000 Jul 2022 6,400 SF
3025 Douglas, Des Moines, IA 50310-5303 $315,000 Jul 2021 4,752 SF
3427 Merle Hay, Des Moines, IA 50310-1242 $570,000 Oct 2020 4,141 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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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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