Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1901 92nd Ct Clive, IA 50325-5449

    • Investment properties
    • 14,400 SF
    • 1.38 lot acres
    OFF-MARKET
    Last Sale
    Dec 06, 2021
    $1,200,000
    Value Estimations
    $1,180,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US25-0104847
    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.

    Current Use by Public Records

    • Investment properties

    Property Details for 1901 92nd Ct

    Year built
    1975
    Construction
    STEEL FRAME
    Lot size
    1.38 lot acres
    Property size
    14,400 SF
    Zone code
    M-1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    291/00810-004-000
    APU
    29100810004000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,195,000
      ML approach
      $1,135,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $834,000
      Market price range: $835k - $1.61M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,195,000
      Current use
      RETAIL STORES
      $1,675,000
      Change: +40% Conversion: Easy
      WAREHOUSE, STORAGE
      $1,325,000
      Change: +11% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,150,000
      Change: -4% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Clive
    County
    Polk
    State
    Iowa
    Longitude
    -93.7425
    Latitude
    41.6095
    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
    $17,722
    $303,000
    $747,000
    $1,050,000
    -
    $303,000
    $747,000
    $1,050,000

    Comparable in this City

    • Value Estimation
      $1,255,000
      12,637 SF

      12035 University Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 12,637 SF
      12035 University Ave, Clive, IA 50325-8264
      View Details
    • Value Estimation
      $4,690,000
      39,732 SF

      12345 University Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 39,732 SF
      12345 University Ave, Clive, IA 50325-8283
      View Details
    • Value Estimation
      $6,795,000
      86,892 SF

      1500 118th St

      OFFICE/RESIDENTIAL (MIXED USE) • 86,892 SF
      1500 118th St, Des Moines, IA 50325-8242
      View Details
    • Value Estimation
      $1,860,000
      24,151 SF

      2200 Woodlands Pkwy

      OFFICE/RESIDENTIAL (MIXED USE) • 24,151 SF
      2200 Woodlands Pkwy, Clive, IA 50325-7514
      View Details
    • Value Estimation
      $550,000
      10,140 SF

      2231 108th St

      OFFICE/RESIDENTIAL (MIXED USE) • 10,140 SF
      2231 108th St, Clive, IA 50325-3705
      View Details
    • Value Estimation
      $2,770,000
      28,280 SF

      1250 128th St

      OFFICE/RESIDENTIAL (MIXED USE) • 28,280 SF
      1250 128th St, Clive, IA 50325-7432
      View Details

    Similar Nearby for Sale

    • $500,000
      3,461 SF

      Franka Pizzeria: Clive, IA

      Turnkey Restaurant, High-End Location
      12695 University Ave, Clive, IA 50325
      View Details
    • Contact for pricing

      Clive Wellness Campus Outlot

      Prime Iowa land, build-to-suit opportunity.
      1457 128Th St, Clive, IA 50325
      View Details
    • Contact for pricing
      1 SF

      Commercial Land in Growing Area

      1.43 acre commercial pad site with strong retail frontage.
      161st St & Hickman Rd, Clive, IA 50325
      View Details
    • Contact for pricing
      9.05 Acres

      Commercial Land in Clive, Iowa

      9.05 acre commercial land available in Clive, Iowa.
      8803 University Ave, Clive, IA 50325
      View Details
    • $5,850,000
      39,732 SF

      Clive Executive Office Building

      High-growth area, 39,732 SF, 100% occupied.
      12345 University Ave, Clive, IA 50325
      View Details
    • Contact for pricing
      7,009 SF

      Clive Commercial Space For Lease

      High-traffic location, excellent visibility, various unit sizes.
      1255 128Th St, Clive, IA 50325
      View Details

    Similar Nearby for Lease

    • $144 SF/Yr
      28,524 SF

      University Park Power Center Space

      Clive, IA Retail Space Available
      8801 University Ave, Clive, IA 50325
      View Details
    • Contact for pricing
      14,022 SF

      Clive Office Building For Sale/Lease

      Executive Suites, Flexible Spaces Available
      8980 Hickman Rd, Clive, IA 50325
      View Details
    • $12 SF/Yr
      3,502 SF

      Creekside Shopping Center: Des Moines Retail

      Des Moines retail space; high traffic, strong tenants.
      9900 Swanson Blvd, Clive, IA 50325
      View Details
    • $9 SF/Yr
      18,394 SF

      Clive Office Space: Prime Location

      Modern office suite, 5,575 sq ft available.
      9550 Hickman Rd, Clive, IA 50325
      View Details
    • $12 SF/Yr
      11,979 SF

      Versatile Space in Clive Business Park

      Adaptable space suitable for retail, office, or medical uses.
      2555 Berkshire Pkwy, Clive, IA 50325
      View Details
    • $17 SF/Yr
      3,272 SF

      Remodeled Office Space Available

      Recently remodeled office space featuring multiple offices and a conference room.
      1370 NW 114Th St, Clive, IA 50325
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1901 92nd Ct
    Clive, IA 50325-5449
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.