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Property profile & analytics
OFF-MARKET
Estimated value
$11,340,000
Investment properties
13733 University Ave Clive, IA 50325-8279
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US25-0367729
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2000
Construction
STEEL FRAME
Total area
91,848 SF
Lot
11.44 ac (498,370 SF)
Zoning code
C-3
APN
291/00060-800-002
UPID
US25-0367729
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
$14.47M
Comparable Approach
Comparable
$10.27M
Blend (final)
Blend
$11.34M
Owner & transaction history
Heartland Co Op · 2 yrs held
Heartland Co Op
since 2023
1 recorded transaction
Zoning & alternative use
C-3 · Clive, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
11-4-4 SCOPE.
Top alternative use upside
Auto repair, garage
$15.8M
+107.5%
Medical building
$15.3M
+100.6%
Restaurant
$14.2M
+86.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Clive submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clive submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$15,670,000
6.5%
$14,465,000
7%
$13,435,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,620,000
Current use
AUTO REPAIR, GARAGE
$15,815,000
Change: +108% · Conversion: Difficult
MEDICAL BUILDING
$15,285,000
Change: +101% · Conversion: Easy
RESTAURANT
$14,175,000
Change: +86% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$13,525,000
Change: +77% · Conversion: Moderate
RETAIL STORES
$10,670,000
Change: +40% · Conversion: Easy
WAREHOUSE, STORAGE
$8,440,000
Change: +11% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,345,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$11.34M
Range $10.21M – $12.47M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$123 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$408,438
Tax year 2020
Assessed value
$16,100,000
Assessed 2023
Previous assessed
$16,100,000
+0.0% YoY
Effective rate
2.54%
On assessed value
Assessed land
$4,810,000
Assessed improvement
$11,290,000
Land market value
$4,810,000
Improvement market value
$11,290,000
Total market value
$16,100,000
Applied tax rate
20.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
YES
Buildings
2
Stories
3
Total area
91,848 SF
Lot
11.44 ac (498,370 SF)
Zoning code
C-3
APN
291/00060-800-002
UPID
US25-0367729
Jurisdiction
POLK
Zoning & alternative use
C-3 · Clive, IAZoning C-3 · permitted uses
C-3 · Clive, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
11-4-4 SCOPE.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$7.6M
AUTO REPAIR, GARAGE
Est. value
$15.8M
MEDICAL BUILDING
Est. value
$15.3M
RESTAURANT
Est. value
$14.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$13.5M
RETAIL STORES
Est. value
$10.7M
WAREHOUSE, STORAGE
Est. value
$8.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.3M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Buildings
2
Lot
11.44 ac
Current owner
From public records · entity-resolved
Heartland Co Op
Entity
Free & Clear · 2 yrs held
Mailing address
1 HOME CAMPUS, DES MOINES, IA 50328-0001
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2023
$6,495,000
Heartland Co Op
Wells Fargo Bank NA
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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