Property profile

473 2nd St Des Moines, IA 50309

OFF-MARKET
Industrial land
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Property ID
US25-0021332
0.08 ac
Last sale Dec 2006·$405,000
Individually Owned Owner of record is an individual. 19-yr Hold Held for 19 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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 · 2023

What does the county charge?
$88
Tax billed · 2023
Assessed value · 2024$4k
Assessed land$4k
Effective rate2.05%

Value estimate

· Nov 2026
$250k
$225k – $275k
AI approach$250k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$73/SF
Submarket average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$40 – $133

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?
D-R
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop10.1
Furniture Store10.0
Electrical Service9.8

Location

473 2nd St Des Moines, IA 50309
County assessor Recorded deeds · 3 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

1 recorded sale · 17 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
120 7th, Des Moines, IA 50309-4906 $609,060 Jan 2024 583 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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