1800 86Th StClive, IA 50325
- Retail properties
- 30,529 SF
Property Details for 1800 86Th St
- Year built
- 1985
- Construction
- STEEL FRAME
- Lot size
- 3.04 AC
- Property size (Sq ft)
- 30,529 SF
- Zone code
- TC-3
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- 291/00015-007-000
- APU
- 29100015007000
Description
Plaza 1800 offers a fantastic retail opportunity in the thriving Clive, Iowa market. This single-story, 2,800 square foot community shopping center is situated at 1800 NW 86th St, zip code 50325, and features a single, available suite totaling 1,400 square feet. The property enjoys excellent visibility and accessibility due to its location along 86th Street and benefits from a dedicated traffic signal at the south end of the center. Shared access to Alice Avenue is also provided via the adjacent Krispy Kreme, enhancing convenience and foot traffic. This presents a unique chance for a business to establish a presence in a well-established shopping center with convenient access and high visibility. The property is classified as a retail space within a community shopping center. The building consists of one story and a total of 2,800 square feet. Currently, 1,400 square feet are vacant and ready for immediate occupancy. This space is ideal for a variety of retail uses and offers a strong opportunity for growth within a busy commercial area. The property's location in Clive, Iowa provides access to a substantial customer base.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $7,824,488
- 6.5%
- $7,222,604
- 7%
- $6,706,704
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,926,664
- Geo Method
- $3,926,664
-
Alternative Use
- Use
- Valuation
- Residential
- $6,092,537
- Hospitality
- $5,580,731
- Educational
- $4,643,103
- Medical
- $4,802,786
- Retail
- $7,222,604
Location Insight
- City
- Clive
- County
- Polk
- State
- Iowa
- Latitude
- 41.6081
- Longitude
- -93.7372
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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