Property profile

4600 9th St Des Moines, IA 50315

OFF-MARKET
Investment properties
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Property ID
US25-0433276
9,156 SF 0.47 ac Built 1978
Last sale Oct 2023
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional investment opportunity presents a two-story, 9,100-square-foot executive office building situated on a one-acre lot in Des Moines, Iowa's vibrant 9th Street business corridor. The property, built in 1978, is currently vacant, offering a blank canvas for a new owner. The building's MX-1 zoning provides flexibility for various uses. An adjacent parcel, totaling 0.73 acres with an 11,000-square-foot building (in poor condition), is included in the sale, potentially offering…

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?
$8k
Tax billed · 2020
Assessed value · 2023$324k
Assessed land$118k
Assessed improvement$206k
Effective rate2.43%

Value estimate

· Nov 2026
$305k
$275k – $336k

Realmo valuation models over county records and 20 qualifying comparable sales.

Recently sold

What actually traded nearby?
$75/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$35 – $110
Qualifying comparables20

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 agency33.1
Law Firm26.4
Building Supply17.9

Location

4600 9th St Des Moines, IA 50315-3912
County assessor Recorded deeds · 3 transfers 20 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3504 9th, Des Moines, IA 50315-3131 $330,000 Dec 2025 8,307 SF
3311 9th, Des Moines, IA 50315-7677 $382,000 Jul 2023 5,805 SF
5925 9th, Des Moines, IA 50315-5010 $131,000 Jun 2022 7,520 SF
5001 9th, Des Moines, IA 50315-4502 $430,000 May 2022 6,602 SF
2300 9th, Des Moines, IA 50315 $201,000 Nov 2021 5,800 SF
1961 Indianola, Des Moines, IA 50315-7134 $555,000 Apr 2021 15,939 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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