Financial
Distress signals
Property profile

1245 8th St West Des Moines, IA 50265

OFF-MARKET
Commercial real estate
Property ID
US25-0028979
1.66 ac lot
Last sale Mar 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1.66-acre development opportunity is ideally situated in West Des Moines, Iowa, at the strategic intersection of 8th Street and I-235, placing it within a thriving commercial district. The property is zoned PUD B and C, with approvals already in place for a 52-unit apartment building. This presents a significant advantage, streamlining the development process and minimizing potential delays. The asking price for this ready-to-build site is $950,000. The location offers

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$877k
Assessed land$877k

Value estimate

· Sep 2026
$210k
$189k – $231k
AI approach$210k

Realmo valuation models over county records.

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

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop22.5
Building Supply22.1
Restaurant19.6

Location

1245 8th St West Des Moines, IA 50265-2623
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
175 9th St, West Des Moines, IA 50265-5829 $235,000 Oct 2024 1,920 SF
895 51st, West Des Moines, IA 50265 $852,500 Jul 2023 No data
332 5th, West Des Moines, IA 50265-4632 $365,000 Sep 2022 1,920 SF
W, Des Moines, IA 50265 $430,500 May 2022 No data
224 19th, West Des Moines, IA 50265 $14,000,000 Oct 2021 6,070 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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