Financial
Distress signals
Property profile

5016 Park Ave Des Moines, IA 50321

OFF-MARKET
Other investment properties
Property ID
US25-0664879
32,400 SF 7.53 ac lot Built 1996
Last sale Apr 2022 · $8,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

An industrial warehouse/industrial property located at 5016 Park Ave, Des Moines, IA 50321. The space is configured for warehouse use and has an approximate available area ranging from 4,000 to 6,000 square feet. The site is about 5.4 miles from an I-235 exit in Des Moines and approximately 2.1 miles from Des Moines International Airport.

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

What does the county charge?
Assessed value · 2023$3.70M
Assessed land$763k
Assessed improvement$2.94M

Value estimate

· Sep 2026
$7.99M
$7.19M – $8.79M
AI approach$8.25M
CAP approach$5.11M

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?
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 agency15.6
Restaurant13.9
Dental Office13.8

Location

5016 Park Ave Des Moines, IA 50321-1245
County assessor Recorded deeds · 2 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2319 Bell, Des Moines, IA 50321-1114 $1,050,000 Jun 2025 15,554 SF
2130 Sunset, Des Moines, IA 50321-1137 $1,200,000 Jun 2023 11,597 SF
2633 Fleur, Des Moines, IA 50321-1753 $3,300,000 Jan 2023 18,377 SF
5901 Thornton, Des Moines, IA 50321-2403 $2,600,000 May 2022 26,199 SF
3631 61st, Des Moines, IA 50321-2402 $2,650,000 Oct 2019 24,876 SF
2326 Bell, Des Moines, IA 50321-1115 $2,200,000 Aug 2019 44,059 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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