Property profile

5406 Douglas Ave Des Moines, IA 50310

OFF-MARKET
Investment properties
Saved · see the list in your Dashboard
Property ID
US25-0188212
13,000 SF 0.57 ac Built 1969
Last sale Nov 2023·$80,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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 · 2020

What does the county charge?
$17k
Tax billed · 2020
Assessed value · 2023$608k
Assessed land$263k
Assessed improvement$345k
Effective rate2.85%

Value estimate

· Nov 2026
$90k
$81k – $99k

Realmo valuation models over county records and 12 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 comparables12

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm20.4
HVAC Service13.1
Electrical Service11.8

Location

5406 Douglas Ave Des Moines, IA 50310-1840
County assessor Recorded deeds · 2 transfers 12 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3800 Douglas, Des Moines, IA 50310-3651 $2,000,000 Oct 2023 12,420 SF
5525 Meredith, Des Moines, IA 50310-2334 $1,250,000 Sep 2023 14,442 SF
2911 Merle Hay, Des Moines, IA 50310-1100 $560,000 Dec 2022 7,904 SF
3030 Merle Hay, Des Moines, IA 50310-1233 $1,300,000 Apr 2022 9,336 SF
2727 Douglas, Des Moines, IA 50310-5840 $315,000 Jul 2020 12,288 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

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 5406 Douglas Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?
Saved