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Financial
Distress signals
Property profile

5701 Park Ave Des Moines, IA 50321

FOR SALE
Other warehouses
Property ID
US25-0168411
515,200 SF 26.06 ac lot Built 1958
Last sale Feb 2024 · $800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
5701 Park Ave, Des Moines, IA 50321 For Sale 1 / 2
Contact for pricing 515,200 SF
5701 Park Ave, Des Moines, IA 50321
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Property summary

AI-generated overview

This property consists of industrial land located at 5701 Park Ave and is presented as two parcels: Parcel 1 with 10.00 acres and Parcel 2 with 13.25 acres. The site is configured to support industrial development and includes conceptually outlined options for a build-to-suit or leased facility at the same address, with a proposed Building 1 in the 40,000 to 60,000 square-foot range and availability for outdoor storage, as well as a proposed Building 2 totaling approximately 160,000 square…

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 · 2023

What does the county charge?
$666k
Tax billed · 2023
Assessed value · 2024$17.51M
Assessed land$1.69M
Assessed improvement$15.82M
Effective rate3.81%

Value estimate

· Oct 2026
$800k
$720k – $880k
AI approach$800k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$92/SF
Submarket average, outlier-cleaned · 123 recorded sales of this use type
Observed band · Q1–Q3$56 – $135

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?
M-1
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 agency11.6
Restaurant10.3
Auto Parts Store9.9

Location

5701 Park Ave Des Moines, IA 50321
County assessor Recorded deeds · 7 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2201 Rittenhouse, Des Moines, IA 50321-3100 $2,400,000 Jan 2024 27,150 SF
5900 Thornton, Des Moines, IA 50321-2426 $1,239,500 Apr 2023 61,320 SF
4600 Park, Des Moines, IA 50321-1237 $3,250,000 Dec 2022 41,280 SF
7400 22nd, Des Moines, IA 50321-1542 $835,000 Jul 2022 73,000 SF
2701 Mckinley, Des Moines, IA 50321-2803 $2,240,000 May 2021 14,160 SF
7900 22nd, Des Moines, IA 50321-1520 $1,850,000 Sep 2020 9,100 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

Comparable nearby

  • Value Estimation
    $7,840,000
    116,000 SF
    4240 Army Post Rd
    INDUSTRIAL (GENERAL)
    4240 Army Post Rd, Des Moines, IA 50321-9609
    View Details
  • Value Estimation
    $5,035,000
    100,800 SF
    3000 Gannett Ave
    WAREHOUSE, STORAGE
    3000 Gannett Ave, Des Moines, IA 50321-3108
    View Details
  • Value Estimation
    $4,070,000
    58,090 SF
    2308 Sunset Rd
    WAREHOUSE, STORAGE
    2308 Sunset Rd, Des Moines, IA 50321-1141
    View Details
  • Value Estimation
    $3,690,000
    57,747 SF
    Des Moines, IA 50321
    WAREHOUSE, STORAGE
    Des Moines, IA 50321
    View Details
  • Value Estimation
    $3,465,000
    48,622 SF
    3535 56th St
    INDUSTRIAL (GENERAL)
    3535 56th St, Des Moines, IA 50321-9622
    View Details
  • Value Estimation
    $1,835,000
    38,318 SF
    2301 Bell Ave
    WAREHOUSE, STORAGE
    2301 Bell Ave, Des Moines, IA 50321-1114
    View Details

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  • Contact for pricing
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Similar Nearby for Lease

  • $6.25 SF/Yr
    Warehouse Distribution Building
    Distribution-focused warehouse building available for rent at 2301 Fleur Drive.
    2301 Fleur Drive, Des Moines, IA 50321
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  • New
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  • Contact for pricing
    4,000 sqft
    Industrial Space Available For Lease
    6,000 SF industrial space available for lease.
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    View Details
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