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    8801 University Ave Clive, IA 50325-6247
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    Property profile & analytics

    8801 University Ave, Clive, IA 50325-6247

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    • Strip malls
    • 30,624 SF
    • 17.10 lot acres
    Off-Market
    Last Sale Feb 15, 2024
    $2,000,000
    Property ID
    US25-0258592
    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.

    Value Estimations
    $2,000,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details for 8801 University Ave

    Year built
    1989
    Construction
    STEEL FRAME
    Lot size
    17.10 lot acres
    Zone code
    TC-4
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    291/00772-001-000
    APU
    29100772001000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 15, 2024 $2,000,000 The Rack Billiards Club LLC University Park Properties LLC Warranty Deed $841k · Bank Iowa
    Jan 3, 2024 $7,470,000 University Park Properties LLC Wso University Park Iowa LLC Special Warranty Deed $7.5M · Freedom Financial Bank
    Apr 18, 2019 $4,250,000 Wso Unvi Pk Ia LLC Csfb 2005 C3 Retail 8801 LLC Grant Deed —
    Nov 16, 2015 $6,000,000 Csfb 2005-c3 Retail 8801 LLC Deputy Sheriff Of Polk County|university Park Impr Trustees Deed · related —
    May 9, 2005 $13,555,000 University Park Improvements L University Park Desmoines LLC Deed Of Trust $11.7M · Column Financial INC

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,000,000
      ML approach
      $2,000,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,422,000
      Market price range: $1.63M - $3.57M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $2,450,000
      Current use
      WAREHOUSE, STORAGE
      $2,815,000
      Change: +15% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $2,540,000
      Change: +4% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Clive
    County
    Polk
    State
    Iowa
    Longitude
    -93.7401
    Latitude
    41.6029
    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
    2020
    $130,700
    $4,680,000
    $550,000
    $5,230,000
    -
    $4,680,000
    $550,000
    $5,230,000
    More about this property
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