1250 128Th StClive, IA 50325

Property Details for 1250 128Th St

Year built

2003

Construction

STEEL FRAME

Lot size

2.28 AC

Property size (Sq ft)

28,280 SF

Zone code

C-4

Property type

Investment properties

Property subtype

Live-work space

APN

291/00367-298-012

APU

29100367298012

Description

This exceptional two-story office building, totaling 28,220 square feet, presents a unique investment opportunity in the thriving Clive, Iowa market. Constructed in 2003, the Class C property boasts a versatile layout suitable for traditional office, executive office, or medical office uses. Currently, there is 1,846 square feet of immediately available space, perfect for a variety of businesses. The building sits on a generous 2.28 acres of land and offers ample parking with 153 spaces for tenants and visitors. The property's multiple tenancy structure provides flexibility for various business needs. Located at 1250 Northwest 128th Street, Clive, IA 50325, this property benefits from excellent visibility and accessibility. The building's single structure design simplifies management and maintenance. With its strategic location and substantial square footage, this property is an ideal choice for businesses seeking a well-established presence in a dynamic community. The available space presents a chance to establish or expand your operations in a convenient and well-equipped setting. Don't miss this opportunity to secure your business's future in this desirable Clive location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,930,520

  6.5%

  $4,551,248

  7%

  $4,226,160

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,443,411

  Geo Method

  $1,443,411

• Alternative Use

  Use

  Valuation

  Residential

  $5,643,548

  Hospitality

  $5,169,460

  Educational

  $4,300,930

  Medical

  $4,448,846

  Retail

  $6,690,336

Location Insight

City

Clive

County

Polk

State

Iowa

Latitude

41.6018

Longitude

-93.795

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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