Financial
Distress signals
Property profile

1511 Grand Ave Des Moines, IA 50309

OFF-MARKET
Apartment buildings
Property ID
US25-0398601
3,252 SF 0.2 ac lot Built 2003
Last sale Jul 2014 · $300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon
Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?

$11k
Tax billed · 2020
Assessed value$306k
Assessed land$280k
Assessed improvement$26k
Effective rate3.46%
Value estimate · Sep 2026
$315k
$284k – $347k
AI approach$315k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$147/SF
Submarket average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$77 – $252
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?

C-3A
JurisdictionPOLK
Location intelligence

Which uses thrive at this corner?

Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop9.8
Food Market9.9
Barber Shop9.7

Location

1511 Grand Ave Des Moines, IA 50309-3025
County assessor Recorded deeds · 8 transfers 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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