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Property profile

5652 2nd St Des Moines, IA 50313

OFF-MARKET
Other warehouses
Property ID
US25-0140116
24,100 SF 4.85 ac lot Built 2020
Last sale Dec 2019 · $791,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This self-storage facility was opened in December 2020 and totals 64,570 rentable square feet, consisting of non-climate drive-up units and interior climate-controlled storage. The site is configured for both direct vehicle access to drive-up units and enclosed, conditioned storage for interior units. Security and access features include complete perimeter fencing, a controlled gate system, 39 cameras with 3 DVRs, and a rental kiosk located in a vestibule outside the gated area to support on-site rental processing without an on-site manager.

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?
$120k
Tax billed · 2023
Assessed value · 2024$4.59M
Assessed land$610k
Assessed improvement$3.98M
Effective rate2.62%

Value estimate

· Oct 2026
$2.23M
$2.00M – $2.45M
Submarket $/SF estimate$1.69M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$108/SF
ZIP average, outlier-cleaned · 56 recorded sales of this use type
Observed band · Q1–Q3$69 – $150
Qualifying comparables4

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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
Restaurant12.4
HVAC Service11.0
Spa & Massage10.6

Location

5652 2nd St Des Moines, IA 50313
County assessor Recorded deeds · 1 transfer 4 qualifying comp sales Zoning catalog · not on file

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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1575 Euclid, Des Moines, IA 50313-4725 $1,400,000 Sep 2024 18,082 SF
5299 22nd, Des Moines, IA 50313-2523 $4,700,000 Dec 2023 13,800 SF
1658 Euclid, Des Moines, IA 50313-4728 $2,850,000 Sep 2023 24,368 SF
5727 16th, Des Moines, IA 50313-1646 $2,750,000 Jun 2023 30,100 SF
6095 Industry, Des Moines, IA 50313-7602 $3,177,500 Dec 2022 30,000 SF
3244 Pr, Des Moines, IA 50313-7605 $3,000,000 Aug 2022 17,800 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
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