7180 Hickman Rd Windsor Heights, IA 50324-4852
- Medical offices
- 3,280 SF
- 0.88 lot acres
Current Use by Public Records
- Medical offices
Property Details for 7180 Hickman Rd
- Year built
- 1976
- Construction
- FRAME
- Lot size
- 0.88 lot acres
- Property size
- 3,280 SF
- Zone code
- CC
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 292/01885-003-005
- APU
- 29201885003005
Description
This exceptional 2,930 square foot medical office building, located at 7180 Hickman Rd in Windsor Heights, IA 50324, presents a unique investment opportunity. Built in 1977 and extensively renovated in 2015, the property boasts a desirable two-story layout within a single building situated on a 0.88-acre lot. The building is zoned for Community Commercial District use and features a total of 31 parking spaces, including 26 in the main lot and 5 additional staff spaces. Previously used as an orthodontics practice, the space includes multiple operatories, a dedicated lab area, private offices, and an implant workroom, making it ideally suited for a variety of dental or medical practices. The adaptable floor plan offers a seamless blend of treatment and administrative areas. The property is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. A tenant improvement allowance is negotiable. This is a rare opportunity to acquire a well-maintained, strategically located medical office building in a thriving community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $865,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $890,000
- 6.5%
- $805,000
- 7%
- $760,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $790,000
- Geo Method
- $940,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $870,000
- Retail
- $760,000
- Mixed-Use
- $855,000
- Hospitality
- $815,000
- Educational
- $1,005,000
- Residential Income
- $870,000
- Energy
- $945,000
- Income-Based Land
- $780,000
- Food Service
- $970,000
Location Insight
- Map
- Local Demand
- City
- Windsor Heights
- County
- Polk
- State
- Iowa
- Longitude
- -93.7169
- Latitude
- 41.6142
- CBSA code
- 19780
- CBSA name
- DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA