12951 University Ave Clive, IA 50325
- Investment properties
- 16,468 SF
- 0.78 lot acres
Current Use by Public Records
- Investment properties
Property Details for 12951 University Ave
- Year built
- 2007
- Construction
- STEEL FRAME
- Lot size
- 0.78 lot acres
- Property size
- 16,468 SF
- Zone code
- C-4
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 291/00065-037-031
- APU
- 29100065037031
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,110,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,045,000
- 6.5%
- $2,135,000
- 7%
- $2,075,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,375,000
- Geo Method
- $2,010,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,340,000
- Retail
- $1,955,000
- Mixed-Use
- $2,005,000
- Hospitality
- $1,945,000
- Educational
- $1,950,000
- Residential Income
- $2,380,000
- Energy
- $2,110,000
- Income-Based Land
- $2,040,000
- Food Service
- $1,995,000
Location Insight
- Map
- Local Demand
- City
- Clive
- County
- Polk
- State
- Iowa
- Longitude
- -93.7973
- Latitude
- 41.6016
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA