Financial
Distress signals
Property profile

4900 Franklin Ave Des Moines, IA 50310

OFF-MARKET
Investment properties
Property ID
US25-2586009
3,234 SF 0.25 ac lot Built 2003
Last sale Jan 2025 · $310,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 4900 Franklin Ave in Des Moines, Iowa, presents a compelling investment opportunity. The 3,234 square foot building, situated on a 0.246-acre lot, offers 3,100 square feet of net rentable space and is currently vacant, allowing for immediate customization. Built in 1960 and renovated in 2003, the Class B building retains its mid-century charm while offering significant value-add potential. The property's zoning is MX1, and it boasts a prime

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$7k
Tax billed · 2020
Assessed value$321k
Assessed land$68k
Assessed improvement$253k
Effective rate2.32%

Value estimate

· Sep 2026
$295k
$266k – $325k
AI approach$295k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$103/SF
Submarket average, outlier-cleaned · 290 recorded sales of this use type
Observed band · Q1–Q3$62 – $162
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?
C-0
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant18.9
Law Firm17.4
Building Supply17.2

Location

4900 Franklin Ave Des Moines, IA 50310-1901
County assessor Recorded deeds · 6 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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