7221 SE 5th St Des Moines, IA 50315
Estimated payment $2,905/month
About This Lot
Take advantage of this 5.935-acre NX2-zoned site located immediately behind Southridge Mall, offering excellent potential for high-density multi-family housing, neighborhood commercial, or mixed-use projects. With utilities and road infrastructure already onsite, development is streamlined and cost-efficient. The corridor sees 5,900 vehicles per day, providing steady exposure. Even better—this site is TIF eligible, enhancing financial feasibility for new construction. A strategic investment opportunity in a high-visibility, established area.
Property Details
Property Type
- Land
Lot Details
- 5.94 Acre Lot
- Property is zoned NX2
Listing and Financial Details
- Assessor Parcel Number 120/07392-002-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $62,800 | $62,800 | -- |
| 2024 | -- | $55,100 | $55,100 | -- |
| 2023 | $0 | $55,100 | $55,100 | $0 |
| 2022 | -- | $45,300 | $45,300 | $0 |
| 2021 | $0 | $45,300 | $45,300 | $0 |
| 2020 | $0 | $39,800 | $39,800 | $0 |
| 2019 | $0 | $39,800 | $39,800 | $0 |
| 2018 | $0 | $35,000 | $35,000 | $0 |
| 2017 | $0 | $35,000 | $35,000 | $0 |
| 2016 | $0 | $31,800 | $31,800 | $0 |
| 2015 | $0 | $31,800 | $31,800 | $0 |
| 2014 | -- | $28,400 | $28,400 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/21/2025 11/21/25 | For Sale | $550,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $26,500 | None Available | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $237 | None Available | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $237 | None Available |
Source: Des Moines Area Association of REALTORS®
MLS Number: 730848
APN: 120-07392002000
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