Financial
Distress signals
Property profile

1111 East Army Post Rd Des Moines, IA 50315

FOR LEASE
Strip malls
Property ID
US25-0370846
402,000 SF 34.68 ac lot Built 2012
Last sale Dec 2024 · $4,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 87,120 square foot commercial land parcel presents a unique investment opportunity in Des Moines, Iowa. Located at 1111 E Army Post Rd, in Polk County, zip code 50315, this single-tenant property is ideally suited for a variety of development projects. The site offers significant potential for businesses seeking a prominent location within a thriving community. The property is available for lease, sale, or build-to-suit arrangements, providing flexibility to meet diverse

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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$10.10M
Assessed land$4.53M
Assessed improvement$5.57M

Value estimate

· Sep 2026
$1.43M
$1.29M – $1.57M
AI approach$1.43M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$80/SF
Submarket average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$53 – $117

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?
C-4
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.3
Building Supply18.0
Realty agency17.6

Location

1111 East Army Post Rd Des Moines, IA 50315
County assessor Recorded deeds · 3 transfers 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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?”
More about this property
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