Financial
Distress signals
Property profile

5900 56th St Des Moines, IA 50321

OFF-MARKET
Investment properties
Property ID
US25-0292161
14,460 SF 3.2 ac lot Built 1973
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$24k
Tax billed · 2020
Assessed value · 2023$1.06M
Assessed land$148k
Assessed improvement$912k
Effective rate2.28%

Value estimate

· Sep 2026
$1.23M
$1.11M – $1.35M
Submarket $/SF estimate$986k

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-2
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop7.8
Cafe & Coffee Shop7.7
Spa & Massage6.5

Location

5900 56th St Des Moines, IA 50321-9680
County assessor Recorded deeds · not on file 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 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2319 Bell, Des Moines, IA 50321-1114 $1,050,000 Jun 2025 15,554 SF
2130 Sunset, Des Moines, IA 50321-1137 $1,200,000 Jun 2023 11,597 SF
2633 Fleur, Des Moines, IA 50321-1753 $3,300,000 Jan 2023 18,377 SF
2670 Fleur, Des Moines, IA 50321-1756 $525,000 Sep 2022 9,408 SF
5901 Thornton, Des Moines, IA 50321-2403 $2,600,000 May 2022 26,199 SF
3631 61st, Des Moines, IA 50321-2402 $2,650,000 Oct 2019 24,876 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
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