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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2555 Berkshire Pkwy Clive, IA 50325

    • Medical offices
    • 11,979 SF
    • 1.45 lot acres
    For Lease
    View listing
    $12 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US25-0152031
    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

    • Medical offices

    Property Details for 2555 Berkshire Pkwy

    Year built
    2002
    Lot size
    1.45 lot acres
    Property size
    11,979 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    1226377003
    APU
    1226377003

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $997,000
      Market price range: $343k - $1.12M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,995,000
      Current use
      AUTO REPAIR, GARAGE
      $2,065,000
      Change: +3% Conversion: Difficult
      RESTAURANT
      $1,850,000
      Change: -7% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,765,000
      Change: -12% Conversion: Moderate
      OFFICE BUILDING
      $1,710,000
      Change: -14% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Clive
    County
    Dallas
    State
    Iowa
    Longitude
    -93.8449
    Latitude
    41.6174
    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
    2022
    $62,124
    $315,810
    $2,135,910
    $2,451,720
    -
    $315,810
    $2,135,910
    $2,451,720

    Comparable in this City

    • Value Estimation
      $845,000
      6,452 SF

      1349 121st St

      MEDICAL BUILDING • 6,452 SF
      1349 121st St, Clive, IA 50325-8145
      View Details
    • Value Estimation
      $9,090,000
      55,315 SF

      1401 Campus Dr

      MEDICAL BUILDING • 55,315 SF
      1401 Campus Dr, Clive, IA 50325-6500
      View Details
    • Value Estimation
      $8,770,000
      22,305 SF

      12129 University Ave

      MEDICAL BUILDING • 22,305 SF
      12129 University Ave, Clive, IA 50325-8287
      View Details
    • Value Estimation
      $3,100,000
      25,568 SF

      1378 124th St

      MEDICAL BUILDING • 25,568 SF
      1378 124th St, Clive, IA 50325-8151
      View Details
    • Value Estimation
      $570,000
      4,272 SF

      2375 Berkshire Pkwy

      MEDICAL BUILDING • 4,272 SF
      2375 Berkshire Pkwy, Clive, IA 50325-4677
      View Details
    • Value Estimation
      $1,060,000
      8,118 SF

      2480 Berkshire Pkwy

      MEDICAL BUILDING • 8,118 SF
      2480 Berkshire Pkwy, Clive, IA 50325-4683
      View Details

    Similar Nearby for Sale

    • $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
    • $5,850,000
      39,732 SF

      Fully Occupied Office Building

      High-growth area office building with strong tenants and upside.
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    • $795,000
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      Clive Office Building For Sale

      Executive Suites, 14,022 SF, Iowa
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    • $5,000,000
      54,846 SF

      Clive Executive Office & Warehouse

      Prime Clive location, 54,846 SF, $5M
      2134 108Th St, Clive, IA 50325
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    • $4,950,000
      86,892 SF

      Des Moines Executive Office Building

      Prime Office Space, 86,892 SF, Des Moines
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    • Contact for pricing

      Clive Wellness Campus Outlot

      Prime Iowa land, build-to-suit opportunity.
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      View Details

    Similar Nearby for Lease

    • Contact for pricing
      69,260 SF

      Deerfield Pointe Outlots: Build-to-Suit

      Clive, IA: Prime Medical/Office Land
      15801 Hickman Rd, Clive, IA 50325
      View Details
    • $20 SF/Yr
      28,220 SF

      Clive Office Building - 28,220 SF

      Prime Clive office space, multiple suites available.
      1250 128Th St, Clive, IA 50325
      View Details
    • $17 SF/Yr
      2,463 SF

      Turnkey Medical Space in Clive

      Move-in ready medical space in a growing healthcare corridor.
      1601 NW 114Th St, 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
    • $12 SF/Yr
      11,346 SF

      Des Moines Executive Office Suites

      Prime Windsor Heights location, multiple suites available.
      7400 Hickman Rd, Windsor Heights, IA 50325
      View Details
    • $25 SF/Yr
      17,116 SF

      Clive Office Space Available

      Office suite with private offices, conference room, and cubicles.
      1250 NW 142Nd St, Clive, IA 50325
      View Details
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    Clive, IA 50325
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    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
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