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Financial
Distress signals
Property profile

1201 Grand Ave West Des Moines, IA 50265

OFF-MARKET
Other investment properties
Property ID
US25-0426022
11,583 SF 0.63 ac lot Built 1985
Last sale Apr 2009 · $395,000
Individually Owned Owner of record is an individual. 17-yr Hold Held for 17 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an office space totaling 1,498 square feet and is located in West Des Moines, Iowa.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$11k
Tax billed · 2020
Assessed value · 2023$533k
Assessed land$278k
Assessed improvement$255k
Effective rate2.11%

Value estimate

· Oct 2026
$350k
$315k – $385k
Submarket $/SF estimate$801k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$110/SF
ZIP average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$69 – $154
Qualifying comparables12

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?
OF
Office areas shall be designated to attract desirable and stable professional office development which will be in harmony with adjacent l...
General categoryCOMMERCIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.8
Laundry Service9.6
Dry Cleaner9.2

Location

1201 Grand Ave West Des Moines, IA 50265-3523
County assessor Recorded deeds · 6 transfers 12 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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5022 Grand Rdg, West Des Moines, IA 50265-5754 $2,300,000 Apr 2024 13,576 SF
209 5th, West Des Moines, IA 50265-4719 $1,000,000 May 2023 7,848 SF
3424 Ep True, West Des Moines, IA 50265-7680 $1,950,000 Dec 2022 12,832 SF
608 19th, West Des Moines, IA 50265-5505 $350,000 Nov 2022 5,750 SF
1801 Industrial, West Des Moines, IA 50265-5557 $3,300,000 Jun 2022 21,668 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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