Financial
Distress signals
Property profile

7140 Lk Dr West Des Moines, IA 50266

OFF-MARKET
Commercial land
Property ID
US25-0072922
2.09 ac lot
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is located on Lake Drive with visibility from the Interstate and is situated in the West Des Moines “Medical Mile” area near Wolfe Eye Clinic, Methodist West Hospital, Mercy Medical Center West Lakes Hospital, The Mercy Wellness Campus, and Lake View Medical. The site is positioned along Jordan Creek Parkway, a corridor that supports hotel, retail, office, and medical development, and it consists of an in-fill development site within this area.

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 · 2022

What does the county charge?
$11k
Tax billed · 2022
Assessed value · 2023$410k
Assessed land$410k
Effective rate2.70%

Value estimate

· Sep 2026
$270k
$243k – $297k
AI approach$270k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$92/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$50 – $140

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.

JurisdictionDALLAS

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply18.9
Wholesale Shop14.9
Garden Center12.2

Location

7140 Lk Dr West Des Moines, IA 50266-2505
County assessor Recorded deeds · not on file Qualifying 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

3 recorded sales · 15 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8080 Coachlight, West Des Moines, IA 50266 $1,256,000 Jul 2023 No data
7220 Lk, West Des Moines, IA 50266-2537 $1,864,500 Feb 2023 No data
W, Des Moines, IA 50266 $17,500 Nov 2022 No data
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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