Financial
Distress signals
Property profile

332 5th St West Des Moines, IA 50265

OFF-MARKET
Other commercial real estate
Property ID
US25-0095479
1,920 SF 0.14 ac lot Built 1900
Last sale Sep 2022 · $365,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a development ground-lease site located in the heart of Valley Junction, configured for build-to-suit commercial development. It is suitable for commercial land uses, including restaurant use, and supports the potential for a corner restaurant location with possible patio installation.

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.

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?
$3k
Tax billed · 2020
Assessed value · 2023$221k
Assessed land$221k
Effective rate1.42%

Value estimate

· Sep 2026
$275k
$248k – $303k
AI approach$305k

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

Recently sold

What actually traded nearby?
$110/SF
ZIP average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$69 – $154
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?
VJHB
The historic business district designation shall be utilized to denote the old downtown area of Valley Junction. Uses within this area sh...
General categoryCOMMERCIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center9.2
Dry Cleaner8.9
Shoe Repair8.6

Location

332 5th St West Des Moines, IA 50265-4632
County assessor Recorded deeds · 6 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
175 9th St, West Des Moines, IA 50265-5829 $235,000 Oct 2024 1,920 SF
895 51st, West Des Moines, IA 50265 $852,500 Jul 2023 No data
224 19th, West Des Moines, IA 50265 $14,000,000 Oct 2021 6,070 SF
4865 Mls Civic, West Des Moines, IA 50265 $5,872,500 Mar 2021 18,490 SF
1913 Grand, West Des Moines, IA 50265-4223 $160,000 Oct 2019 1,107 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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