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Financial
Distress signals
Property profile

3535 Westown Pkwy West Des Moines, IA 50265

FOR SALE
Hotels
Property ID
US25-0265391
81,272 SF 2.67 ac lot Built 1984
Last sale Dec 2025 · $574,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 2.67-acre commercial land parcel presents a remarkable redevelopment opportunity in the thriving West Des Moines, Iowa market. Strategically located at 3535 Westown Parkway, this property enjoys unparalleled accessibility, situated directly off Interstate 235 at the Valley West Drive exit. Its prime location ensures high visibility and convenient access for businesses and customers alike. The property is zoned for commercial development and is ready for immediate…

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?
$86k
Tax billed · 2020
Assessed value · 2023$2.03M
Assessed land$2.03M
Assessed improvement$300
Effective rate4.23%

Value estimate

· Oct 2026
$3.06M
$2.75M – $3.37M
Submarket $/SF estimate$3.20M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$73/SF
County average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$39 – $103

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?
RC
$21
General categoryCOMMERCIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store13.7
Parking Facility12.9
Kitchen & Bath12.0

Location

3535 Westown Pkwy West Des Moines, IA 50265
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

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
575 Pr Vw, West Des Moines, IA 50266-6680 $14,562,500 Jul 2025 69,814 SF
240 Jordan Crk, West Des Moines, IA 50266-8430 $6,500,000 Feb 2025 57,368 SF
7655 Ofc Plz N, West Des Moines, IA 50266-2321 $2,812,500 Mar 2022 40,701 SF
7060 Lk, West Des Moines, IA 50266-2524 $9,250,000 Mar 2019 65,656 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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