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    12695 University Ave Clive, IA 50325-8205

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    12695 University Ave Clive, IA 50325-8205


    • Strip malls
    • 10,693 SF
    • 2.65 lot acres
    Off-Market
    Property ID
    US25-0208415
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,135,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details for 12695 University Ave

    Year built
    2005
    Construction
    STEEL FRAME
    Lot size
    2.65 lot acres
    Property size
    10,693 SF
    Zone code
    C-4
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    291/00065-487-011
    APU
    29100065487011

    Description

    Exceptional opportunity to acquire a thriving, established restaurant in Clive, Iowa. This 3,461 square foot, single-story business, built in 2005, is situated in a desirable, high-end neighborhood within a prestigious strip center, ensuring consistent high-traffic flow. The asking price is $500,000. The property features a modern and inviting interior with ample seating, a fully equipped, state-of-the-art kitchen, and a custom-built wood-fired oven. Additional amenities include a walk-in beer cooler and abundant parking for patrons. The property is zoned C-4, reflecting its suitability for commercial use. This turnkey operation presents a rare chance to own a successful restaurant in a sought-after location, offering immediate revenue potential and significant upside. The business benefits from its established customer base and prime location, making it an attractive investment opportunity for experienced restaurateurs or those seeking a profitable venture in a thriving market. This is a fully operational business ready for a new owner to step in and continue its success.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,055,000
      Current use
      RESTAURANT
      $1,840,000
      Change: +75% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,660,000
      Change: +58% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,620,000
      Change: +54% Conversion: Difficult
      MEDICAL BUILDING
      $1,615,000
      Change: +53% Conversion: Difficult
      RETAIL STORES
      $1,245,000
      Change: +18% Conversion: Easy
      WAREHOUSE, STORAGE
      $910,000
      Change: -13% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $890,000
      Change: -15% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Clive
    County
    Polk
    State
    Iowa
    Longitude
    -93.7923
    Latitude
    41.6012
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $158,316
    $2,910,000
    $3,090,000
    $6,000,000
    -
    $2,910,000
    $3,090,000
    $6,000,000
    More about this property
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