Financial
Distress signals
Property profile

401 Grand Ave West Des Moines, IA 50265

OFF-MARKET
Other investment properties
Property ID
US25-0331253
2,472 SF 0.18 ac lot Built 1998
Last sale Apr 2026 · $415,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Commercial property near Valley Junction with a total building size of 2,472 square feet and a finished basement of 1,008 square feet. The building is located along Grand Avenue, providing direct frontage on a prominent commercial thoroughfare, and includes onsite parking. It is situated within a short distance of retail, dining, grocery, and nearby office users, with Interstate access located less than 2 miles away.

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?
$5k
Tax billed · 2020
Assessed value · 2023$284k
Assessed land$109k
Assessed improvement$175k
Effective rate1.66%

Value estimate

· Sep 2026
$280k
$252k – $308k
AI approach$280k

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?
CMC
$1e
General categoryCOMMERCIAL
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 agency18.1
Dental Office17.2
Auto Repair Shop14.5

Location

401 Grand Ave West Des Moines, IA 50265-3744
County assessor Recorded deeds · 7 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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1741 Grand, West Des Moines, IA 50265-5076 $330,000 Feb 2026 3,000 SF
1116 Grand, West Des Moines, IA 50265-3520 $205,000 Feb 2025 2,014 SF
974 73rd, West Des Moines, IA 50265-1024 $150,000 Feb 2025 1,875 SF
214 5th, West Des Moines, IA 50265-4718 $280,000 Nov 2024 3,336 SF
328 5th, West Des Moines, IA 50265-4632 $55,000 Feb 2023 1,784 SF
936 8th, West Des Moines, IA 50265-3611 $200,000 Jan 2023 2,939 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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