5075 University Ave, Pleasant Hill, IA 50327-7001
- Investment properties
- 18,900 SF
- 1.65 lot acres
Current Use by Public Records
- Investment properties
Property Details for 5075 University Ave
- Year built
- 2000
- Construction
- FRAME
- Lot size
- 1.65 lot acres
- Zone code
- C-2
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 221/00106-024-006
- APU
- 22100106024006
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 1, 2022 | $1,500,000 | Kellogg Properties LLC | Pcwdm II LLC | Warranty Deed | — |
| Apr 27, 2020 | $1,450,500 | Pcwdm II LLC | Rueter Farms INC | Warranty Deed | $480k · Community Choice Cu |
| May 7, 2015 | — | Rueter Farms INC|c & Ds Holdings LLC | First Natl Bk Of Ames Io | Grant Deed · related | — |
| Aug 29, 2014 | $945,000 | First Natl Bk Of Ames Io | First Bk | Grant Deed | — |
| Jan 12, 2011 | $1,000,000 | Bk First | Sheriff Of Polk County | Trustees Deed · related | — |
Description
This exceptional Class A office building, situated at 5075 E University Ave, Pleasant Hill, IA 50327, offers 4,000 square feet of immediately available space, divisible down to 2,000 square feet. Built in 2000 and extensively renovated in 2022, the property boasts a total of 14,280 square feet across two stories within a single building on a 1.65-acre lot. The building features modern amenities including elevators. The space is currently in a "vanilla box" condition, providing unparalleled flexibility for tenant build-outs to perfectly suit individual business needs. Located conveniently off North Hickory Blvd, this property offers exceptional accessibility and visibility. The minimum leasable space is 2,000 square feet, with a maximum contiguous space of 4,000 square feet available. This presents a unique opportunity for businesses seeking a modern, adaptable workspace in a desirable Pleasant Hill location. The property's strategic location and flexible layout make it an ideal choice for a variety of businesses. Don't miss this chance to secure your ideal office space in this thriving community.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,460,000
- ML approach
- $1,400,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,236,000
- AI Estimate
- $1,163,000
Market price range: $1.16M - $3.07MMarket price range: $861k - $3.16M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,940,000 Current use
- RETAIL STORES
- $2,195,000 Change: +13% Conversion: Easy
- WAREHOUSE, STORAGE
- $1,735,000 Change: -11% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Pleasant Hill
- County
- Polk
- State
- Iowa
- Longitude
- -93.5148
- Latitude
- 41.6001
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
