Entity Owned Property summary
This exceptional Des Moines portfolio offers a unique blend of immediate income and significant long-term development potential. The property comprises a 169-unit self-storage facility with 70% occupancy, a fully leased 5,548 square foot warehouse/office combination, and two vacant lots totaling 1.35 acres. The self-storage facility boasts low operating costs and predictable cash flow, providing a stable income stream during the development phase. The warehouse/office space is 100% occupied… by a masonry company, reflecting strong market demand for this type of property. The two vacant lots, situated on a highly trafficked road with over 7,600 vehicles per day, offer substantial frontage for future development projects. Minimal demolition is required, streamlining the development process. The entire portfolio sits on 1.35 acres and includes two buildings, built in 1935 and 1947, with renovations in 1991 and 2016. The property is zoned NX1 and offers a rare opportunity to capitalize on Des Moines's dynamic growth. The asking price is $749,900. This diverse portfolio combines operational income-producing properties with prime land, creating a balanced investment mix ideal for both immediate cash flow and long-term development potential. The combined square footage of all buildings is 58,953. The property is owned by Pavement Plus LLC and is for sale by owner.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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