Financial
Distress signals
Property profile

1502 42nd St Des Moines, IA 50311

OFF-MARKET
Commercial real estate
Property ID
US25-0362349
156 SF 3.81 ac lot
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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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 · 2020

What does the county charge?
$658
Tax billed · 2020
Assessed value · 2023$23k
Assessed land$23k
Effective rate2.81%

Value estimate

· Sep 2026
$35k
$32k – $39k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$103/SF
Submarket average, outlier-cleaned · 290 recorded sales of this use type
Observed band · Q1–Q3$62 – $162

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-2
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.4
Electrical Service9.0
Wholesale Shop8.9

Location

1502 42nd St Des Moines, IA 50311-2533
County assessor Recorded deeds · not on file 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1206 23rd, Des Moines, IA 50311-3116 $525,000 Dec 2025 191 SF
1049 63rd, Des Moines, IA 50311-2130 $912,500 Dec 2023 342 SF
4440 College, Des Moines, IA 50311-2459 $755,000 Nov 2022 12,902 SF
2211 University, Des Moines, IA 50311-4301 $300,000 Oct 2022 2,860 SF
2309 Frst, Des Moines, IA 50311-3113 $40,000 Aug 2021 960 SF
3510 Cottage Grv, Des Moines, IA 50311 $35,000 Jul 2019 1,848 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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