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Financial
Distress signals
Property profile

1918 2nd St Des Moines, IA 50315

OFF-MARKET
Other warehouses
Property ID
US25-0185555
30,407 SF 1.48 ac lot Built 1967
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The portfolio consists of two properties located at 1800 and 1918 Southwest 2nd Street in Des Moines, Iowa. Both buildings are zoned DXR, a flexible mixed-use designation that allows for consideration of multifamily and retail redevelopment. The properties are currently occupied under an owner-controlled operating presence.

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 · 2023

What does the county charge?
$32k
Tax billed · 2023
Assessed value · 2024$1.10M
Assessed land$123k
Assessed improvement$977k
Effective rate2.93%

Value estimate

· Oct 2026
$695k
$626k – $765k
CAP approach$2.20M
Submarket $/SF estimate$1.83M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$92/SF
Submarket average, outlier-cleaned · 123 recorded sales of this use type
Observed band · Q1–Q3$56 – $135

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?
D-R
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy14.5
Auto Parts Store13.4
Garden Center12.5

Location

1918 2nd St Des Moines, IA 50315
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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
403 Jackson, Des Moines, IA 50315-1325 $150,000 Jul 2023 4,216 SF
6115 9th, Des Moines, IA 50315-5014 $115,000 Jan 2023 5,765 SF
1401 Thomas Beck, Des Moines, IA 50315-1057 $6,775,000 Sep 2021 121,200 SF
1200 Thomas Beck, Des Moines, IA 50315-1054 $355,000 Jul 2020 4,410 SF
1210 Army Post, Des Moines, IA 50315-5542 $240,000 Feb 2020 12,225 SF
1000 Thomas Beck, Des Moines, IA 50315-1060 $745,000 May 2019 10,000 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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