Financial
Distress signals
Property profile

200 Army Post Rd Des Moines, IA 50315

FOR LEASE
Strip malls
Property ID
US25-0158741
59,186 SF 5.31 ac lot Built 1987
Last sale Oct 2020 · $398,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. 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

Stefon Plaza, located at 200 Army Post Rd in Des Moines, Iowa (zip code 50315), offers a prime retail or restaurant opportunity within a 12,000 square foot strip center in Polk County. Currently, 1,440 square feet of space is available for lease. This strategically positioned property benefits from its convenient location between Southridge Mall and Des Moines International Airport, ensuring high visibility and accessibility. The property's proximity to Highway 5 provides excellent access

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?
$172k
Tax billed · 2020
Assessed value · 2023$5.07M
Assessed land$1.12M
Assessed improvement$3.95M
Effective rate3.40%

Value estimate

· Sep 2026
$1.97M
$1.77M – $2.16M
Sales comparison$1.36M
NOI build-up
Gross scheduled income$42k
Vacancy & credit loss−$3k
Operating expenses−$12k
NOI · 278,923.08% cap applied$27k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$80/SF
Submarket average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$53 – $117

Cap rate analysis

How does the asset earn?
278,923.08%
$27k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-2
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.8
Realty agency15.6
Dental Office15.0

Location

200 Army Post Rd Des Moines, IA 50315
County assessor Recorded deeds · 3 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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