Financial
Distress signals
Property profile

2907 Merle Hay Rd Des Moines, IA 50310

OFF-MARKET
Investment properties
Property ID
US25-2500107
2,720 SF 0.31 ac lot Built 1973
Last sale Dec 2025 · $315,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$4k
Tax billed · 2020
Assessed value · 2023$191k
Assessed land$144k
Assessed improvement$47k
Effective rate2.10%

Value estimate

· Sep 2026
$275k
$248k – $303k
AI approach$275k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$103/SF
Submarket average, outlier-cleaned · 290 recorded sales of this use type
Observed band · Q1–Q3$62 – $162
Qualifying comparables5

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?
C-1
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 agency23.5
Law Firm21.0
HVAC Service13.3

Location

2907 Merle Hay Rd Des Moines, IA 50310-1103
County assessor Recorded deeds · 14 transfers 5 qualifying comp sales 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5609 Douglas, Des Moines, IA 50310-1802 $210,000 Feb 2024 1,968 SF
3207 Douglas, Des Moines, IA 50310-5311 $301,000 May 2023 4,002 SF
2600 Beaver, Des Moines, IA 50310-3908 $180,000 Dec 2022 3,187 SF
4908 Franklin, Des Moines, IA 50310-1901 $825,000 Aug 2022 3,723 SF
2907 Douglas, Des Moines, IA 50310-5845 $275,000 Dec 2020 3,000 SF
5713 Madison, Des Moines, IA 50310-1318 $159,500 Jun 2019 1,699 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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