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Property profile & analytics
FOR SALE
Commercial land

2400 Berkshire Pkwy Clive, IA 50325

1.2 ac lot
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0243791
Property summary
AI-generated overview

This exceptional 2.4-acre commercial land parcel presents a unique investment opportunity in Clive, Iowa. Located at 2400 Berkshire Parkway, this property boasts unparalleled visibility due to its prominent hard corner location on Hickman Road, a major thoroughfare experiencing approximately 40,000 vehicles daily. The site's strategic position offers significant advantages for developers seeking high-impact exposure. Surrounding developments underscore the area's robust growth trajectory. The property neighbors the recently completed 184-unit West Light Apartment complex (a $35 million investment), the planned Warrior Marketplace (featuring big-box retail and build-to-suit options), and the expansive 62-acre Waukee Towne Center, which includes a new Target store currently under construction. This prime location offers immediate access to a thriving community and a strong consumer base. The asking price for this exceptional development opportunity is $1,800,000. The property is zoned for commercial use within Dallas County, Iowa, zip code 50325. This is a rare opportunity to acquire a significant land parcel in a rapidly developing area with excellent visibility and proximity to established retail and residential developments. Detailed site plans and further information are available upon request.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.2 ac (52,272 SF)
APN 1226376006
UPID US25-0243791
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
by Request
Owner & transaction history
Ic2dm LLC · 8 yrs held
Ic2dm LLC
since 2017
4 recorded transactions
2017
$418,500
2017
Price N/A
2017
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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