Entity Owned Property summary
This exceptional commercial property, located at 521 E. Locust Street in Des Moines, Iowa's vibrant East Village, offers a unique blend of office and retail space. The property is situated in Polk County, zip code 50309, and features a traditional building style suitable for multiple tenants. The address is easily accessible and benefits from high visibility within a bustling commercial district. Ideal for businesses seeking a dynamic and convenient location, this property presents a… significant opportunity for growth and expansion. The space is currently available for lease and is perfectly suited for a variety of commercial uses, offering flexibility for businesses with diverse needs. Its central location within the East Village provides excellent access to a wide range of amenities, including restaurants, shops, and public transportation. The property's layout is designed to accommodate multiple tenants, making it an attractive option for businesses seeking collaborative workspaces or those looking to share a prime location. Interested parties are encouraged to inquire for further details regarding lease terms and available space configurations. This is a rare opportunity to secure a prominent commercial presence in one of Des Moines' most sought-after neighborhoods. The property's strategic location and versatile design make it an ideal investment for businesses seeking a thriving and well-connected environment.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2020
Value estimate
· Sep 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 13 properties nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 6,234 SF
- Lot area
- 0.08 ac
- Year built
- 1984
- Stories
- 1
- APN
- 040/06335-011-000
- Zoning
- C-3B
- Assessed value · 2023
- $503,000
- Annual tax · 2020
- $21,002
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Ownership
- Owner Contacts
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- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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