12951 University AveClive, IA 50325

Property Details for 12951 University Ave

Year built

2007

Construction

STEEL FRAME

Lot size

0.78 AC

Property size (Sq ft)

16,468 SF

Zone code

C-4

Property type

Investment properties

Property subtype

Live-work space

APN

291/00065-037-031

APU

29100065037031

Description

This exceptional Class A office space, located within the vibrant Commerce Park development in Clive, Iowa, offers a unique opportunity for businesses seeking a prestigious and convenient location. Built in 2007, this two-story building boasts a total of 16,468 square feet, with a single elevator for easy access. Currently, there are two available office spaces: a smaller unit of 354 square feet, ideal for a small team or startup, and a larger, contiguous space of 2,143 square feet, perfect for expanding businesses. The total vacant space available is 2,497 square feet. The building's prime location along University Avenue provides excellent visibility and accessibility. The mixed-use development surrounding the building offers a wealth of amenities, including nearby restaurants and shops, creating a convenient and walkable environment for employees and clients. The building features a traditional office layout, suitable for a variety of business needs, and also offers executive office options. This property is perfect for businesses seeking a modern, efficient, and well-located office space in a thriving community. The minimum divisible space is 354 square feet, offering flexibility for various business sizes. The building's single elevator ensures convenient access to both floors.

• CAP approach

  CAP return

  Valuation

  6%

  $2,871,135

  6.5%

  $2,650,278

  7%

  $2,460,973

• Comparable approach

  Method

  Valuation

  Relative Method

  $840,527

  Geo Method

  $840,527

• Alternative Use

  Use

  Valuation

  Residential

  $3,286,345

  Hospitality

  $3,010,274

  Educational

  $2,504,513

  Medical

  $2,590,647

  Retail

  $3,895,909

Location Insight

City

Clive

County

Polk

State

Iowa

Latitude

41.6016

Longitude

-93.7973

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].