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    FOR LEASE
    Investment properties

    12951 University Ave, Clive, IA 50325

    16,468 SF 0.78 ac lot Built 2007
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US25-0181571
    Property summary
    AI-generated overview

    This exceptional Class A office space, located within the vibrant Commerce Park development in Clive, Iowa, offers a unique opportunity for businesses seeking a prestigious and convenient location. Built in 2007, this two-story building boasts a total of 16,468 square feet, with a single elevator for easy access. Currently, there are two available office spaces: a smaller unit of 354 square feet, ideal for a small team or startup, and a larger, contiguous space of 2,143 square feet, perfect for expanding businesses. The total vacant space available is 2,497 square feet. The building's prime location along University Avenue provides excellent visibility and accessibility. The mixed-use development surrounding the building offers a wealth of amenities, including nearby restaurants and shops, creating a convenient and walkable environment for employees and clients. The building features a traditional office layout, suitable for a variety of business needs, and also offers executive office options. This property is perfect for businesses seeking a modern, efficient, and well-located office space in a thriving community. The minimum divisible space is 354 square feet, offering flexibility for various business sizes. The building's single elevator ensures convenient access to both floors.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 2007
    Construction STEEL FRAME
    Total area 16,468 SF
    Lot 0.78 ac (33,869 SF)
    Zoning code C-4
    APN 291/00065-037-031
    UPID US25-0181571
    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
    $2.00M
    CAP Approach CAP
    $2.51M
    Comparable Approach Comparable
    $1.84M
    Blend (final) Blend
    $2.09M
    Owner & transaction history
    Silverado Farms LLC · 5 yrs held
    Silverado Farms LLC
    since 2021
    Last sale
    $2.1M
    7 recorded transactions
    2021
    $2.1M
    2016
    2013
    $1.7M
    2013
    2013
    2009
    1969
    Zoning & alternative use
    C-4 · Clive, IA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $2.8M +107.5%
    Auto repair, garage $2.6M +87.2%
    Apartment house (5+ units) $2.5M +82.5%
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