Property profile

10320 Hickman Rd Clive, IA 50325

FOR SALE
Retail space
Property ID
US25-0353725
50,174 SF 10 ac lot Built 2003
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 58,816-square-foot industrial property, located at 10320 Hickman Road in Clive, Iowa, presents a unique investment opportunity. Situated on a 4.01-acre lot in Polk County, this single-tenant building boasts a prime location with easy access to I-35/80, ensuring seamless transportation and logistics. Built in 1972 and renovated in 2003, the property features nine drive-in doors, ranging in size from 10'x12' to 12'x12', providing convenient loading and unloading capabilities. The clear height within the building ranges from 14 to 16 feet, offering ample vertical space for various industrial uses. The property benefits from high visibility due to its location on Hickman Road, which sees 27,200 vehicles per day, and enjoys direct access to a lighted intersection. This versatile space is suitable for a range of industrial, manufacturing, warehouse, and distribution operations. The property's combination of size, location, and features makes it an attractive option for businesses seeking a functional and strategically located facility in the thriving Clive market. The zip code is 50325.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2003
Construction STEEL FRAME
Total area 50,174 SF
Lot 10 ac (435,600 SF)
Zoning code M-1
APN 291/00556-005-002
UPID US25-0353725

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10320 Hickman Rd Clive, IA 50325
Clive metro Census 11206 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.53M
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.10M
Blend (final) Blend
$4.18M

Owner & transaction history

since 2021
Last sale
$4.4M
6 recorded transactions
2021
Price N/A
2021
$4.4M
2017
Price N/A
2017
Price N/A
2009
Price N/A
1969
Price N/A

Zoning & alternative use

M-1 · Clive, IA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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