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Financial
Distress signals
Property profile

2409 University Ave Des Moines, IA 50311

OFF-MARKET
Banks
Property ID
US25-0268686
12,012 SF 0.17 ac lot Built 1970
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$4k
Tax billed · 2020
Assessed value · 2023$171k
Assessed land$10k
Assessed improvement$161k
Effective rate2.11%

Value estimate

· Oct 2026
$250k
$225k – $275k
AI approach$250k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
PUD
The PUD Legacy District is a zoning classification that is no longer accepting new or expanded applications. Only existing PUDs establish...
General categoryPLANNED_DEVELOPMENT
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 agency19.1
Dental Office18.1
Law Firm14.4

Location

2409 University Ave Des Moines, IA 50311-4501
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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2718 Kingman, Des Moines, IA 50311-4116 $420,000 Jun 2024 4,670 SF
4100 University, Des Moines, IA 50311-3533 $25,000 Jun 2023 23,873 SF
3104 University, Des Moines, IA 50311-3818 $9,513,500 Aug 2022 5,656 SF
1245 21st, Des Moines, IA 50311-3205 $130,000 Jan 2020 5,698 SF
2331 University, Des Moines, IA 50311-4315 $245,000 Apr 2019 7,071 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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