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Property profile & analytics
OFF-MARKET Estimated value $1,135,000
Strip malls

12695 University Ave Clive, IA 50325-8205

10,693 SF 2.65 ac lot Built 2005
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US25-0208415
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Construction STEEL FRAME
Total area 10,693 SF
Lot 2.65 ac (115,478 SF)
Zoning code C-4
APN 291/00065-487-011
UPID US25-0208415
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.14M
Owner & transaction history
Mdm Equity-2010 LLC · 9 yrs held
Mdm Equity-2010 LLC
since 2016
6 recorded transactions
2021
Price N/A
2021
Price N/A
2016
$6.3M
2006
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-4 · Clive, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source 11-4-4 SCOPE.
Top alternative use upside
Restaurant $1.8M +74.6%
Auto repair, garage $1.7M +57.5%
Apartment house (5+ units) $1.6M +53.5%
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