Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

1454 2nd Ave Des Moines, IA 50314

OFF-MARKET
Turn key restaurants
Property ID
US25-2527996
4,500 SF 0.31 ac lot Built 2001
Last sale Mar 2025 · $420,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a retail building with two street-level addresses—1454 and 1456 2nd Ave—located in the Central Business District. It fronts 2nd Avenue, a major north–south street, and sits near Downtown and the 235, providing access within the city’s core commercial area. The two adjacent addresses allow the building to function for a single occupant or for coordinated/shared occupancy, depending on user and tenant requirements.

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?
$7k
Tax billed · 2020
Assessed value · 2023$277k
Assessed land$56k
Assessed improvement$221k
Effective rate2.40%

Value estimate

· Nov 2026
$155k
$140k – $171k
AI approach$145k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$154/SF
Submarket average, outlier-cleaned · 64 recorded sales of this use type
Observed band · Q1–Q3$76 – $223
Qualifying comparables6

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?
M-1
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 agency19.8
Law Firm13.5
Spa & Massage13.2

Location

1454 2nd Ave Des Moines, IA 50314
County assessor Recorded deeds · 4 transfers 6 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1411 2nd, Des Moines, IA 50314 $8,000 Jan 2024 4,760 SF
1016 University, Des Moines, IA 50314-2375 $170,000 Oct 2023 4,463 SF
1619 6th, Des Moines, IA 50314-3302 $300,000 Jul 2023 4,560 SF
1544 2nd, Des Moines, IA 50314-3405 $6,000 Jan 2023 4,500 SF
1400 2nd, Des Moines, IA 50314-3403 $12,900 Dec 2022 5,112 SF
1536 2nd, Des Moines, IA 50314-3405 $405,000 Mar 2022 6,402 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 1454 2nd Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?
Saved