Financial
Distress signals
Property profile

5901 Thornton Ave Des Moines, IA 50321

OFF-MARKET
Investment properties
Property ID
US25-0388019
26,199 SF 3.01 ac lot Built 1999
Last sale May 2022 · $2,600,000
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.
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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?
$140k
Tax billed · 2020
Assessed value · 2023$2.60M
Assessed land$374k
Assessed improvement$2.23M
Effective rate5.38%

Value estimate

· Sep 2026
$2.54M
$2.28M – $2.79M
AI approach$2.58M
Submarket $/SF estimate$2.42M

Realmo valuation models over county records and 4 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 comparables4

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?
PUD
The PUD Legacy District is a zoning classification that is no longer accepting new or expanded applications. Only existing PUDs establish...
General categoryPLANNED_DEVELOPMENT
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.5
Realty agency9.2
Tailor Shop8.7

Location

5901 Thornton Ave Des Moines, IA 50321-2403
County assessor Recorded deeds · 3 transfers 4 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
5016 Park, Des Moines, IA 50321-1245 $8,200,000 Apr 2022 32,400 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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