Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

4100 University Ave West Des Moines, IA 50266

OFF-MARKET
Strip malls
Property ID
US25-0617239
141,398 SF 21.67 ac lot Built 1995
Last sale May 2026 · $45,242,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Water Tower Place Shopping Center in West Des Moines, Iowa, offers exceptional retail space within a thriving power center. This 400,000 square foot property boasts a dominant position as the #1 regional power center in Iowa, attracting significant foot traffic. Two available spaces are currently on the market, ranging from 25,900 to 32,670 square feet, providing ample opportunity for expansion or new ventures. The center's impressive tenant roster includes nine highly successful anchor…

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?
$994k
Tax billed · 2020
Assessed value · 2023$37.90M
Assessed land$8.05M
Assessed improvement$29.85M
Effective rate2.62%

Value estimate

· Oct 2026
$12.23M
$11.00M – $13.45M
Submarket $/SF estimate$16.96M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$99/SF
County average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$47 – $152

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 B&C
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 Store17.1
Building Supply16.1
Wholesale Shop15.9

Location

4100 University Ave West Des Moines, IA 50266-5956
County assessor Recorded deeds · 1 transfer 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5917 Ashworth, West Des Moines, IA 50266-7109 $6,300,000 Apr 2023 14,680 SF
2600 University, West Des Moines, IA 50266-1456 $5,050,000 Nov 2021 48,424 SF
320 Jordan Crk, West Des Moines, IA 50266-8159 $31,000,000 Aug 2021 76,353 SF
1500 22nd, West Des Moines, IA 50266-1405 $2,572,000 Jun 2021 169,394 SF
6750 Westown, West Des Moines, IA 50266-7715 $3,950,000 Feb 2020 29,150 SF
3920 University, West Des Moines, IA 50266 $51,196,000 May 2019 35,411 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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