Property profile

8500 Franklin Ave Clive, IA 50325

FOR SALE
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Property ID
US25-0273585
12,600 SF 0.8 ac Built 1989
Last sale Mar 2024·$570,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

A multi-purpose office building configured as two levels with separate bathroom facilities on both floors and kitchenette areas on each level. The main level contains approximately 6,300 square feet and the lower level includes approximately 5,500 finished square feet, for flexible use depending on whether the levels are operated together or separately. The basement level features a double-door walk-out configuration, and the building previously supported operation as two separate spaces.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$9k
Tax billed · 2020
Assessed value · 2023$461k
Assessed land$175k
Assessed improvement$286k
Effective rate1.97%

Value estimate

· Nov 2026
$595k
$536k – $655k
AI approach$600k
Submarket $/SF estimate$731k
NOI build-up
Gross scheduled income$657k
Vacancy & credit loss−$131k
Operating expenses−$131k
NOI$394k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$83/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$58 – $112
Qualifying comparables9

Cap rate analysis

How does the asset earn?
$394k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
TC-3
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery9.6
Convenience Store9.6
Watch Repair Shop8.7

Location

8500 Franklin Ave Clive, IA 50325
County assessor Recorded deeds · 5 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7400 University, Clive, IA 50325-1300 $400,000 Sep 2022 8,208 SF
2220 108th, Clive, IA 50325-3702 $1,750,000 Aug 2022 15,246 SF
1901 92nd, Clive, IA 50325-5449 $1,200,000 Dec 2021 14,400 SF
12119 Stratford, Clive, IA 50325-8166 $3,000,000 Aug 2021 16,012 SF
8165 University, Clive, IA 50325-1123 $949,000 Feb 2021 12,196 SF
8980 Hickman, Clive, IA 50325-5305 $710,000 Jun 2019 14,022 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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