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Financial
Distress signals
Property profile

1424 Army Post Rd Des Moines, IA 50315

FOR SALE
Other retail properties
Property ID
US25-0417164
2,341 SF 0.33 ac lot Built 2019
Last sale Jun 2026 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A renovated automotive shop of 3,223 square feet located at 1424 Army Post Road in Des Moines, approximately three miles from Des Moines Airport. The interior features a polished concrete floor and is equipped with heating and cooling, along with two restrooms. The shop is arranged for vehicle-focused operations with four overhead roll-up doors measuring 10 feet by 10 feet, providing direct access and vehicle movement within the space. The building was renovated in 2019 and is described as a…

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?
$2k
Tax billed · 2020
Assessed value · 2023$318k
Assessed land$91k
Assessed improvement$227k
Effective rate0.65%

Value estimate

· Oct 2026
$625k
$563k – $688k
AI approach$595k
NOI build-up
Gross scheduled income$20k
Vacancy & credit loss−$2k
Operating expenses−$6k
NOI · 293.67% cap applied$13k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$80/SF
Submarket average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$44 – $109

Cap rate analysis

How does the asset earn?
293.67%
$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-2
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 agency22.6
Law Firm22.2
Building Supply15.5

Location

1424 Army Post Rd Des Moines, IA 50315
County assessor Recorded deeds · 3 transfers Qualifying 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 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2004 6th, Des Moines, IA 50315-1610 $200,000 Dec 2025 3,014 SF
3718 9th, Des Moines, IA 50315-3046 $750,000 Jan 2024 2,380 SF
1414 Army Post, Des Moines, IA 50315-5405 $108,000 Nov 2023 1,729 SF
4801 9th, Des Moines, IA 50315-3802 $3,300 Dec 2022 2,236 SF
4001 9th, Des Moines, IA 50315-3464 $530,000 Apr 2022 2,996 SF
2006 Indianola, Des Moines, IA 50315-1554 $98,000 Jan 2021 1,701 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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