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Financial
Distress signals
Property profile

2221 Stanton Ave Des Moines, IA 50321

OFF-MARKET
Other apartment buildings
Property ID
US25-0092504
13,662 SF 3.85 ac lot Built 1972
Last sale Sep 2022 · $5,275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years.
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Property summary

AI-generated overview

This multifamily property consists of five apartment buildings containing 66 units on a 3.9-acre site, totaling approximately 63,744 square feet of rentable area. The building configuration includes four buildings with 12 units each and one building with 18 units, for a unit mix of 12 one-bedroom, one-bath apartments and 54 two-bedroom, two-bath apartments, averaging about 965 square feet per unit. The property has undergone significant rehabilitation work, including one building being fully…

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 · 2020

What does the county charge?
$96k
Tax billed · 2020
Assessed value · 2023$4.31M
Assessed land$433k
Assessed improvement$3.88M
Effective rate2.23%

Value estimate

· Oct 2026
$4.77M
$4.29M – $5.24M
AI approach$4.83M
Submarket $/SF estimate$3.44M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$147/SF
Submarket average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$77 – $252

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?
R-3
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.2
Law Firm15.5
Dental Office11.1

Location

2221 Stanton Ave Des Moines, IA 50321-2368
County assessor Recorded deeds · 6 transfers 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

1 recorded sale · 12 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
2200 Stanton, Des Moines, IA 50321-2377 $4,300,000 Oct 2020 11,780 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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