Financial
Distress signals
Property profile

2019 Grand Ave West Des Moines, IA 50265

OFF-MARKET
Other warehouses
Property ID
US25-0384446
19,368 SF 2 ac lot Built 1970
Last sale May 2021 · $1,550,000
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. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located at 2019 Grand Ave in West Des Moines, Iowa, this multi-tenant industrial property includes an 18,368 square-foot building situated on a 2-acre lot. The property is zoned light industrial and features a wet sprinkler fire protection system. The interior has been recently renovated, supporting multiple tenant configurations with established occupancy.

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 · 2023

What does the county charge?
$41k
Tax billed · 2023
Assessed value$1.39M
Assessed land$528k
Assessed improvement$862k
Effective rate2.92%

Value estimate

· Sep 2026
$1.49M
$1.34M – $1.63M
AI approach$1.57M
Sales comparison$1.27M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$85/SF
County average, outlier-cleaned · 215 recorded sales of this use type
Observed band · Q1–Q3$51 – $125

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?
LI
Light industrial areas shall be designated to provide areas for most light industrial, and warehouse and distribution facilities. It is o...
General categoryINDUSTRIAL
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 Firm17.4
Spa & Massage11.9
Restaurant10.4

Location

2019 Grand Ave West Des Moines, IA 50265-4202
County assessor Recorded deeds · 4 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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