Financial
Distress signals
Property profile

818 5th Ave 1 Des Moines, IA 50309

OFF-MARKET
Investment properties
Property ID
US25-0598436
9,419 SF 0.38 ac lot Built 1995
Last sale Jun 2012 · $999,500
Individually Owned Owner of record is an individual. 12-yr Hold Held for 12 years. 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

What does the county charge?
Assessed value · 2023$1.36M
Assessed land$454k
Assessed improvement$906k

Value estimate

· Sep 2026
$1.39M
$1.25M – $1.53M
CAP approach$1.49M
Submarket $/SF estimate$1.24M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$177/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$79 – $291
Qualifying comparables10

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: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.4
Laundry Service9.3
Carpet & Flooring Store8.9

Location

818 5th Ave, Unit 1 Des Moines, IA 50309-1304
County assessor Recorded deeds · not on file 10 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
603 6th, Des Moines, IA 50309-5446 $1,762,500 Jul 2023 8,072 SF
1435 Mulberry, Des Moines, IA 50309-3624 $2,343,500 Nov 2022 9,016 SF
106 11th, Des Moines, IA 50309-4255 $900,000 Sep 2022 9,570 SF
900 Mulberry, Des Moines, IA 50309-3645 $2,300,000 Jun 2022 10,399 SF
319 5th, Des Moines, IA 50309-1927 $850,000 Dec 2021 10,640 SF
1821 Ingersoll, Des Moines, IA 50309-3333 $2,500,000 Feb 2020 8,182 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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