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7445 University Ave Clive, IA 50325-1337

OFF-MARKET Investment properties Google Maps
6,597 SF 0.68 ac lot Built 2005
Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$210k
Range $189k – $231k (±10%)
Property ID US25-0304279

Property summary

AI-generated overview

This exceptional executive office building, located at 7445 University Ave in Clive, Iowa, offers a unique opportunity for businesses seeking a prestigious and functional workspace. The single-story, 6,597 square foot building boasts a Class B rating and underwent renovations in 2017, ensuring modern amenities within a well-maintained structure. Currently, 4,002 square feet of space is immediately available, with a maximum contiguous space of 6,587 square feet. The property features 28 parking spaces, providing ample convenience for employees and clients. Situated on a 0.68-acre lot, the building enjoys a quiet neighborhood setting with green space to the north, offering a peaceful and productive work environment. The building is handicap accessible and features 9-foot ceilings. Utilities such as electricity, phone, and internet are the responsibility of the tenant. The property is zoned for office use and is conveniently located near the intersection of NW 75th St and University Ave, in the Walnut Creek submarket, with the APN 291/00775-629-002. Built in 1979, this property offers a blend of established character and modern updates, making it an ideal location for a variety of businesses. The property's location in Clive, Iowa, zip code 50325, provides easy access to major transportation routes and amenities.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2005
Construction FRAME
Total area 6,597 SF
Lot 0.68 ac (29,749 SF)
Zoning code C-2
APN 291/00775-629-002
UPID US25-0304279

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

C-2 · Clive, IA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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