Financial
Distress signals
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?

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 · 2023

What does the county charge?
$120k
Tax billed · 2023
Assessed value$4.59M
Assessed land$610k
Assessed improvement$3.98M
Effective rate2.62%

Value estimate

· Sep 2026
$2.23M
$2.00M – $2.45M
Sales comparison$1.69M

Realmo valuation models over county records.

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

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
Restaurant9.5
Spa & Massage8.4
Building Supply9.9

Location

5652 2nd St Des Moines, IA 50313
County assessor Recorded deeds · 1 transfer Comp sales · not on file 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 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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