Commercial Real Estate Transactions

11/6/2019

Commercial real estate transactions in Polk County from Aug. 22, 2019, through Sept. 30, 2019

ADDRESS: 1040 NINTH ST., DES MOINES
DATE: AUG. 22, 2019
PRICE: $2,500,000
SELLER: REAL ESTATE 2828 INVESTMENTS LLC
BUYER: LAURAL VILLAGE APARTMENTS LLC
ACRES: 2.458
SQUARE FEET: 43,800

ADDRESS: 4043 120TH ST., URBANDALE
DATE: AUG. 22, 2019
PRICE: $2,800,000
SELLER: DMA ENTERPRISES LLC
BUYER: MANT LLC
ACRES: 3.795
SQUARE FEET: 49,775

ADDRESS: 2916 30TH ST., DES MOINES
DATE: AUG. 22, 2019
PRICE: $1,500,000
SELLER: BRIGHTER TOMORROW LLC
BUYER: UPLIFT MANOR LLC
ACRES: 1.398
SQUARE FEET: 22,680

ADDRESS: 3425 HUBBELL AVE., DES MOINES
DATE: AUG. 23, 2019
PRICE: $65,000
SELLER: DICKS, ALICE L.
BUYER: DSB GRANNY’S LLC
ACRES: 0.216
SQUARE FEET: 2,566

ADDRESS: AT THE CORNER OF N.E. 62ND AVENUE AND N.E. 56TH STREET, NEAR ALTOONA
DATE: AUG. 23, 2019
PRICE: $984,960
SELLER: QUINN, MELVIN L.
BUYER: SICULUS INC
ACRES: 18.24
SQUARE FEET: 0

ADDRESS: 502 N. ANKENY BLVD., ANKENY
DATE: AUG. 27, 2019
PRICE: $2,650,000
SELLER: KIMBERLEY PROPERTIES INC
BUYER: LI HOLDINGS LLC
ACRES: 2.303
SQUARE FEET: 27,772

ADDRESS: 5801 THORNTON AVE., DES MOINES
DATE: AUG. 29, 2019
PRICE: $2,100,000
SELLER: R & L PROPERTIES LLC
BUYER: EYCHANER, RICH
ACRES: 2.977
SQUARE FEET: 26,849

ADDRESS: 2135 S. ANKENY BLVD., ANKENY
DATE: AUG. 29, 2019
PRICE: $196,000
SELLER: AREA REAL ESTATE LLC
BUYER: FOR THE KIDS IV LLC
ACRES: 1.861
SQUARE FEET: 5,882

ADDRESS: 2700 BELL AVE., DES MOINES
DATE: AUG. 30, 2019
PRICE: $2,000,000
SELLER: EDWARDS INVESTMENT COMPANY LLC
BUYER: CHRISTIAN PRINTERS INC
ACRES: 4.132
SQUARE FEET: 41,834

ADDRESS: 906 E. FIRST ST., ANKENY
DATE: AUG. 30, 2019
PRICE: $1,894,293
SELLER: T&M PROPERTIES LLC
BUYER: POTTS PROPERTIES LLC
ACRES: 2.315
SQUARE FEET: 24,192

ADDRESS: 1114 S.E. BELMONT DRIVE, ANKENY
DATE: AUG. 30, 2019
PRICE: $1,225,000
SELLER: JJ BELMONT APARTMENTS LLC
BUYER: REILAND RENTALS LLC
ACRES: 1.101
SQUARE FEET: 18,080

ADDRESS: 28 CLARK ST., DES MOINES
SALE DATE: SEPT. 3, 2019
PRICE: $560,000
SELLER: LUMBARD INVESTMENT CO
BUYER: HUEGERICH CONSTRUCTION COMPANY
SQUARE FEET: 12,480
ACRES: 0.992

ADDRESS: 400 W. FIRST ST., GRIMES
SALE DATE: SEPT. 3, 2019
PRICE: $419,400
SELLER: FW JV19 LLC
BUYER: CARS & CONCRETE LLC
SQUARE FEET: N/A
ACRES: 1.896

ADDRESS: 1331 13TH ST., DES MOINES
SALE DATE: SEPT. 4, 2019
PRICE: $140,000
SELLER: BJB COMPANY INC
BUYER: JRP LLC
SQUARE FEET: 2,644
ACRES: 0.173

ADDRESS: 5970 N.W. SECOND ST., DES MOINES
SALE DATE: SEPT. 5, 2019
PRICE: $489,280
SELLER: DAVID RICHARD SHAFER REVOCABLE TRUST
BUYER: SHAFER FAMILY PROPERTIES, LLC
SQUARE FEET: 7,200
ACRES: 1.423

ADDRESS: 5940 N.W. SECOND ST., DES MOINES
SALE DATE: SEPT. 5, 2019
PRICE: $595,710
SELLER: DAVID RICHARD SHAFER REVOCABLE TRUST
BUYER: SHAFER FAMILY PROPERTIES, LLC
SQUARE FEET: 17,852
ACRES: 1.512

ADDRESS: 310 N.W. 60TH AVE., DES MOINES
SALE DATE: SEPT. 5, 2019
PRICE: $735,500
SELLER: DAVID RICHARD SHAFER REVOCABLE TRUST
BUYER: SHAFER FAMILY PROPERTIES, LLC
SQUARE FEET: 16,000
ACRES: 1.46

ADDRESS: 1963 BELL AVE., DES MOINES
SALE DATE: SEPT. 6, 2019
PRICE: $7,590,000
SELLER: IOWA FINANCE AUTHORITY
BUYER: IOWA FINANCE AUTHORITY
SQUARE FEET: 116,292
ACRES: 10.32

ADDRESS: 14065 N.E. SIXTH ST., ALLEMAN
SALE DATE: SEPT. 6, 2019
PRICE: $70,000
SELLER: ALTEMEIER, NORMAN E., ESTATE
BUYER: SCHRUM FARMS INC
SQUARE FEET: N/A
ACRES: 0.3

ADDRESS: 3903 OAKSHIRE ROAD, DES MOINES
SALE DATE: SEPT. 9, 2019
PRICE: $168,000
SELLER: BOOTH, MICHAEL K.
BUYER: 2 AVENUES LLC
SQUARE FEET: 1,890
ACRES: 0.266

ADDRESS: SOUTH OF 110 WATROUS AVE., DES MOINES
SALE DATE: SEPT. 10, 2019
PRICE: $7,750
SELLER: ELLIOTT, JUDITH K.
BUYER: GIT-N-GO CONVENIENCE STORES INC
SQUARE FEET: N/A
ACRES: 0.315

ADDRESS: 1884 S.E. DESTINATION DRIVE, GRIMES
SALE DATE: SEPT. 11, 2019
PRICE: $350,000
SELLER: NEWARK LAND TRUST LC
BUYER: JM COMMERCIAL HOLDINGS LLC
SQUARE FEET: N/A
ACRES: 1.776

ADDRESS: 1350 E. WASHINGTON AVE., DES MOINES
SALE DATE: SEPT. 12, 2019
PRICE: $90,000
SELLER: 1350 E WASHINGTON LLC
BUYER: FAABORG, TYLER
SQUARE FEET: 6,708
ACRES: 0.681

ADDRESS: 8800 HICKMAN ROAD, CLIVE
SALE DATE: SEPT. 13, 2019
PRICE: $1,600,000
SELLER: KNAPP & ASSOCIATES LC
BUYER: CITY OF CLIVE
SQUARE FEET: 38,400
ACRES: 4.017

ADDRESS: 303 S.E. THIRD ST., GRIMES
SALE DATE: SEPT. 13, 2019
PRICE: $150,000
SELLER: THOMAS H. WENGERT LIVING TRUST
BUYER: SEIDL INVESTMENTS, LLC
SQUARE FEET: 2,016
ACRES: 0.2

ADDRESS: 2401 E. EIGHTH ST., DES MOINES
SALE DATE: SEPT. 17, 2019
PRICE: $444,010
SELLER: SPTIHS PROPERTIES TRUST
BUYER: SNF UNION PARK PROPCO LLC
SQUARE FEET: 22,509
ACRES: 1.474

ADDRESS: 12905 MEREDITH DRIVE, URBANDALE
SALE DATE: SEPT. 17, 2019
PRICE: $818,930
SELLER: AURORA BUSINESS PARK II, LLC
BUYER: HY-VEE INC
SQUARE FEET: N/A
ACRES: 1.88

ADDRESS: 1454 30TH ST., UNIT 102, WEST DES MOINES
SALE DATE: SEPT. 17, 2019
PRICE: $135,000
SELLER: ODEN AND THIELKING CPA’S PC
BUYER: SPLAW PROPERTIES LLC
SQUARE FEET: 2,933
ACRES: 0.248

ADDRESS: PRAIRIE TRAIL, ANKENY
SALE DATE: SEPT. 19, 2019
PRICE: $850,200
SELLER: DRA PROPERTIES, LC
BUYER: JNM DEVELOPMENT HOLDINGS LLC
SQUARE FEET: N/A
ACRES: 6.539

ADDRESS: 1607 SECOND AVE., DES MOINES
SALE DATE: SEPT. 20, 2019
PRICE: $140,800
SELLER: COLUZZI CONSTRUCTION LLC
BUYER: IOWA FIREWORKS COMPANY LLC
SQUARE FEET: N/A
ACRES: 0.448

ADDRESS: 4411 S.W. NINTH ST., DES MOINES
SALE DATE: SEPT. 20, 2019
PRICE: $162,500
SELLER: MCCONNAHA, GRANT
BUYER: PAPOOSE PROPERTIES LLC
SQUARE FEET: 3,096
ACRES: 0.35

ADDRESS: 1250 FIRST AVE. N., ALTOONA
SALE DATE: SEPT. 20, 2019
PRICE: $393,550
SELLER: F & S ROSENBERGER LLC
BUYER: NEWBLOOD DEVELOPMENT IV LLC
SQUARE FEET: N/A
ACRES: 1.506

ADDRESS: 301 WALNUT ST., POLK CITY
SALE DATE: SEPT. 22, 2019
PRICE: $185,000
SELLER: LINDLEY ENTERPRISES LLC
BUYER: COTTON HILL LLC
SQUARE FEET: 4,106
ACRES: 0.438

ADDRESS: 1170 TUTTLE ST., DES MOINES
SALE DATE: SEPT. 23, 2019
PRICE: $725,000
SELLER: HRC NFS I LLC
BUYER: FUSION APARTMENTS, LLC
SQUARE FEET: N/A
ACRES: 1.51

ADDRESS: 210 N.E. AURORA AVE., DES MOINES
SALE DATE: SEPT. 24, 2019
PRICE: $221,000
SELLER: LAMB INVESTMENTS LLC
BUYER: KNIGHT ELECTRIC, LLC
SQUARE FEET: 8,829
ACRES: 0.746

ADDRESS: 2800 FLEUR DRIVE, DES MOINES
SALE DATE: SEPT. 25, 2019
PRICE: $20,983,200
SELLER: MIMG LIV GRAY’S LAKE LLC
BUYER: AXIOM GRAYS LAKE LLC
SQUARE FEET: 274,832
ACRES: 17.63

ADDRESS: 7191 S.E. 32ND AVE., PLEASANT HILL
SALE DATE: SEPT. 26, 2019
PRICE: $190,000
SELLER: WOODLAND COMMUNITY CHURCH
BUYER: WILSON, JUDY
SQUARE FEET: 3,036
ACRES: 2.24

ADDRESS: 823 18TH ST., DES MOINES
SALE DATE: SEPT. 27, 2019
PRICE: $225,000
SELLER: COX, WILLIAM J.
BUYER: HC RENTALS LLC
SQUARE FEET: 2,791
ACRES: 0.201

ADDRESS: 4552 E. 50TH ST., DES MOINES
SALE DATE: SEPT. 27, 2019
PRICE: $189,000
SELLER: 1939 WELDING OUTFITTER LLC
BUYER: GRANITE CASTLE LLC
SQUARE FEET: N/A
ACRES: 1.464

ADDRESS: 10100 N.W. 62ND AVE., JOHNSTON
SALE DATE: SEPT. 27, 2019
PRICE: $1,600,000
SELLER: ADAM RIDGE RETAIL LLC
BUYER: MRG JOHNSTON LLC
SQUARE FEET: N/A
ACRES: 1.789

ADDRESS: 2900 COTTAGE GROVE AVE., DES MOINES
SALE DATE: SEPT. 30, 2019
PRICE: $850,000
SELLER: GDM PROPERTIES LLC
BUYER: IPE1031 REV313 LLC
SQUARE FEET: 14,718
ACRES: 0.345

ADDRESS: NORTH OF BEAVER CREEK ON HWY 141, GRANGER
SALE DATE: SEPT. 30, 2019
PRICE: $690,000
SELLER: HIGHWAY 141 STORAGE LLC
BUYER: FREEDOM ONE LLC
SQUARE FEET: 19,900
ACRES: 2.2 ♦