Financial
Distress signals
Property profile

1518 Grand Ave Des Moines, IA 50316

OFF-MARKET
Turn key restaurants
Property ID
US25-2506062
2,500 SF 0.34 ac lot Built 1992
Last sale Dec 2015 · $426,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?

$15k
Tax billed · 2020
Assessed value$351k
Assessed land$79k
Assessed improvement$272k
Effective rate4.28%
Value estimate · Sep 2026
$325k
$293k – $358k
AI approach$325k

Realmo valuation models over county records.

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
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?

NPC
JurisdictionPOLK
Location intelligence

Which uses thrive at this corner?

Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply11.0
Hotel & Motel10.3
Kitchen & Bath10.2

Location

1518 Grand Ave Des Moines, IA 50316-3503
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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More about this property
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