Property profile

12493 University Ave Clive, IA 50325

OFF-MARKET
Individual retail properties
Property ID
US25-0325838
66,620 SF 1.46 ac lot Built 2008
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Individual retail properties
Use group GYM, HEALTH SPA
Year built 2008
Construction STEEL FRAME
Total area 66,620 SF
Lot 1.46 ac (63,510 SF)
Zoning code C-3
APN 291/00065-036-721
UPID US25-0325838

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician
  • Physician Medical Clinic
  • Gym & Fitness Center
  • Medical Clinic
  • Medical Clinic

Location

12493 University Ave Clive, IA 50325-8286
Clive metro Census 11203 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$21.35M

Owner & transaction history

since 2021
Last sale
$21.6M
2 recorded transactions
2021
$21.6M
2006
Price N/A

Zoning & alternative use

C-3 · 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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