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Commercial Real Estate Transactions

Commercial Real Estate Transactions

12/2/2020

COMMERCIAL REAL ESTATE TRANSACTIONS IN POLK COUNTY FROM OCT. 9, 2020, THROUGH NOV. 5, 2020.

ADDRESS: 1018 E. 12TH ST., DES MOINES
SALE DATE: OCT. 9, 2020
SALE PRICE: $3,000
SELLER: OLD GROVE INVESTMENTS LLC
BUYER: COLUZZI CONSTRUCTION LLC
SQUARE FEET: 0
ACRES: 0.122

ADDRESS: 119 19TH ST., UNIT 201, DES MOINES
SALE DATE: OCT. 13, 2020
SALE PRICE: $200,000
SELLER: ERIN INVESTMENTS LLC
BUYER: BRAFFORD, EDWARD B.
SQUARE FEET: 2,395
ACRES: 0.172

ADDRESS: 402 EUCLID AVE., DES MOINES
SALE DATE: OCT. 14, 2020
SALE PRICE: $592,000
SELLER: JAW PROPERTIES LLC
BUYER: KKR LLC
SQUARE FEET: 4,734
ACRES: 0.349

ADDRESS: 351 S.E. GATEWAY CIRCLE, GRIMES
SALE DATE: OCT. 14, 2020
SALE PRICE: $397,850
SELLER: WILLIAM C. KNAPP LC
BUYER: SSD PROPERTIES LLC
SQUARE FEET: 0
ACRES: 3.65

ADDRESS: 451 S.E. GATEWAY CIRCLE, GRIMES
SALE DATE: OCT. 14, 2020
SALE PRICE: $363,840
SELLER: WILLIAM C. KNAPP LC
BUYER: AVINI PROPERTIES LLC
SQUARE FEET: 0
ACRES: 3.338

Prep Iowa

ADDRESS: 2590 HUBBELL AVE., DES MOINES
SALE DATE: OCT. 14, 2020
SALE PRICE: $2,460,000
SELLER: REED COOPERATIVE HOUSING ASSOCIATION
BUYER: REED COMMERCIAL INC.
SQUARE FEET: 43,200
ACRES: 5.273

ADDRESS: 119 19TH ST., UNIT 201, WEST DES MOINES
SALE DATE: OCT. 14, 2020
SALE PRICE: $99,900
SELLER: PRADHAN, AMIT A.
BUYER: OPPORTUNITY LEASE COMPANY LLC
SQUARE FEET: 1,600
ACRES: 0.1

ADDRESS: 742 N.E. 47TH PLACE, DES MOINES
SALE DATE: OCT. 15, 2020
SALE PRICE: $1,525,487
SELLER: IOWA SPORTS TURF MANAGEMENT INC.
BUYER: GRIDCO LLC
SQUARE FEET: 11,360
ACRES: 1.961

ADDRESS: 119 19TH ST., SUITE 101, WEST DES MOINES
SALE DATE: OCT. 15, 2020
SALE PRICE: $290,000
SELLER: MAJOR, ROBERT H.
BUYER: OPPORTUNITY LEASE COMPANY LLC
SQUARE FEET: 4,800
ACRES: 0.3

ADDRESS: 4410 S.E. FOUR MILE DRIVE, ANKENY
SALE DATE: OCT. 16, 2020
SALE PRICE: $1,425,000
SELLER: SPREITZER PROPERTIES LLC
BUYER: PENTA PARTNERS LLC
SQUARE FEET: 6,400
ACRES: 7.216

ADDRESS: 3816 106TH ST., URBANDALE
SALE DATE: OCT. 16, 2020
SALE PRICE: $6,075,000
SELLER: TIMBERLAND PARTNERS XVI LLP
BUYER: DOUGLAS PARK APARTMENTS LLC
SQUARE FEET: 79,137
ACRES: 5.062

ADDRESS: 110 S.E. GRANT ST., UNIT 105, ANKENY
SALE DATE: OCT. 19, 2020
SALE PRICE: $20,000
SELLER: BFC DEVELOPMENT LC
BUYER: FOGARTY, DANIEL A.
SQUARE FEET: 792
ACRES: 0.047

ADDRESS: 1055 S.W. ORALABOR ROAD, ANKENY
SALE DATE: OCT. 19, 2020
SALE PRICE: $775,370
SELLER: NORTHWEST FEDERAL SAVINGS BANK
BUYER: HURD ANKENY LLC
SQUARE FEET: 0
ACRES: 1.78

ADDRESS: 550 S.E. GATEWAY DRIVE, GRIMES
SALE DATE: OCT. 20, 2020
SALE PRICE: $162,000
SELLER: WILLIAM C. KNAPP LC
BUYER: SANAV VENTURE LLC
SQUARE FEET: 0
ACRES: 1.499

ADDRESS: 1651 S.E. THIRD ST., GRIMES
SALE DATE: OCT. 20, 2020
SALE PRICE: $443,220
SELLER: WILLIAM C. KNAPP LC
BUYER: SANAV VENTURE LLC
SQUARE FEET: 0
ACRES: 3.698

East-side factory…
The real estate at 2323 Dean Ave. in Des Moines sold on Oct. 21 for $1.146 million. According to Polk County Assessor records, Roy Symington sold the 31,511 square foot building to Sam Holt. Holt Sales & Service is listed as the occupant of the building.

ADDRESS: 2323 DEAN AVE., DES MOINES
SALE DATE: OCT. 21, 2020
SALE PRICE: $1,146,600
SELLER: SYMINGTON, ROY
BUYER: HOLT, SAM
SQUARE FEET: 31,511
ACRES: 1.388

ADDRESS: 1742 E. GRAND AVE., DES MOINES
SALE DATE: OCT. 21, 2020
SALE PRICE: $60,000
SELLER: ACC HOLDING LLC
BUYER: QUECK CAPITAL MANAGEMENT, LLC
SQUARE FEET: 1,668
ACRES: 0.241

ADDRESS: EAST PLEASANT VIEW AND SOUTHEAST 14TH, DES MOINES
SALE DATE: OCT. 21, 2020
SALE PRICE: $25,000
SELLER: GREYFOX PROPERTIES LLC
BUYER: TOP-TIER INVESTMENTS, LLC
SQUARE FEET: 0
ACRES: 0.287

ADDRESS: 6701 CORPORATE DRIVE, JOHNSTON
SALE DATE: OCT. 21, 2020
SALE PRICE: $3,241,000
SELLER: PRINCIPAL LIFE INSURANCE COMPANY
BUYER: EDGE BUSINESS CONTINUITY CENTER LLC
SQUARE FEET: 32,874
ACRES: 2.136

ADDRESS: 540 S. 19TH ST., WEST DES MOINES
SALE DATE: OCT. 23, 2020
SALE PRICE: $448,000
SELLER: AMPEN LLC
BUYER: CAPITAL CITY PROPERTIES, LLC
SQUARE FEET: 4,986
ACRES: 0.437

ADDRESS: 842 16TH ST., DES MOINES
SALE DATE: OCT. 23, 2020
SALE PRICE: $249,000
SELLER: BRAUNWARTH JOINT REVOCABLE TRUST
BUYER: 1233 LLC
SQUARE FEET: 3,070
ACRES: 0.115

ADDRESS: 111 E. BROADWAY ST., POLK CITY
SALE DATE: OCT. 26, 2020
SALE PRICE: $68,700
SELLER: SIMMER, DERLE G., ESTATE
BUYER: SIMMER, NICKY
SQUARE FEET: 1,824
ACRES: 0.252

ADDRESS: 1587 N.E. 67TH PLACE, DES MOINES
SALE DATE: OCT. 26, 2020
SALE PRICE: $3,300,000
SELLER: DRA PROPERTIES LC
BUYER: JDSO, INC.
SQUARE FEET: 48,068
ACRES: 3.073

ADDRESS: 109 FIRST ST., POLK CITY
SALE DATE: OCT. 26, 2020
SALE PRICE: $175,000
SELLER: S & V INVESTMENTS LLC
BUYER: FIRST CHOICE RENOVATIONS LLC
SQUARE FEET: 5,040
ACRES: 0.245

ADDRESS: 6166 N.E. INDUSTRY DRIVE, DES MOINES
SALE DATE: OCT. 27, 2020
SALE PRICE: $1,470,000
SELLER: DRA PROPERTIES LC
BUYER: SGMA ENTERPRISES, LLC
SQUARE FEET: 18,000
ACRES: 2.639

Office building near downtown…
1910 Ingersoll Ave. in Des Moines sold on Oct. 27 for $760,000 to the Community Foundation of Greater Des Moines. According to Polk County records, the building sits on 0.344 acres and D1 Properties LLC is listed as the seller of the more-than-6,000-square-foot building.

ADDRESS: 1910 INGERSOLL AVE., DES MOINES
SALE DATE: OCT. 27, 2020
SALE PRICE: $760,000
SELLER: D1 PROPERTIES LLC
BUYER: COMMUNITY FOUNDATION OF GREATER DES MOINES
SQUARE FEET: 6,072
ACRES: 0.344

ADDRESS: 1600 MONDAMIN AVE., DES MOINES
SALE DATE: OCT. 29, 2020
SALE PRICE: $25,000
SELLER: LIVING WATER EVANGELICAL FREE CHURCH
BUYER: HEARN, DANIEL C. TRUSTEE
SQUARE FEET: 2,765
ACRES: 0.327

ADDRESS: 1601 E. MADISON AVE., DES MOINES
SALE DATE: OCT. 29, 2020
SALE PRICE: $235,000
SELLER: ALLEN, CONSTANCE A.
BUYER: LOPEZ, GINO
SQUARE FEET: 2,612
ACRES: 0.158

ADDRESS: 1601 E. FIRST ST., GRIMES
SALE DATE: OCT. 29, 2020
SALE PRICE: $945,080
SELLER: HY-VEE INC.
BUYER: GRIMES CULVERS 1 LLC
SQUARE FEET: 0
ACRES: 1.356

ADDRESS: 1940 ARLINGTON AVE., DES MOINES
SALE DATE: OCT. 30, 2020
SALE PRICE: $450,000
SELLER: CROUCH, DONALD E., ESTATE
BUYER: SOLID STATE PROPERTIES LLC
SQUARE FEET: N/A
ACRES: 0.358

ADDRESS: 100 ARMY POST ROAD, DES MOINES
SALE DATE: OCT. 30, 2020
SALE PRICE: $2,500,000
SELLER: WILLIAM C. KNAPP LC
BUYER: DES MOINES AREA RELIGIOUS COUNCIL
SQUARE FEET: 48,341
ACRES: 3.426

ADDRESS: 974 73RD ST., UNIT 10, WINDSOR HEIGHTS
SALE DATE: OCT. 30, 2020
SALE PRICE: $254,500
SELLER: OLIVER, MICHAEL B.
BUYER: IOWA SERVICE OF PROCESS LLC
SQUARE FEET: 4,500
ACRES: 0.322

ADDRESS: 8530 NEW YORK AVE., URBANDALE
SALE DATE: OCT. 30, 2020
SALE PRICE: $1,100,000
SELLER: MARCELLA COBB TRUST
BUYER: STEELSMITH PROPERTIES LLC
SQUARE FEET: 9,504
ACRES: 1.11

ADDRESS: 7600 S.W. 22ND ST., DES MOINES
SALE DATE: OCT. 30, 2020
SALE PRICE: $212,500
SELLER: FLEUR PROPERTIES LC
BUYER: 7600 SOUTHWEST 22ND LLC
SQUARE FEET: 0
ACRES: 2.529

Delicious desserts, snacks and delectables…
The National Biscuit Flats building in downtown Des Moines at 1001 Cherry St., a former factory for a national bakery that would become Nabisco, sold on Oct. 30, for $2.65 million. National Biscuit Company Flats LLC sold the property to National Biscuit Flats LLC, according to Polk County records. The building sits on nearly 2 acres and has more than 23,000 square feet.

ADDRESS: 1001 CHERRY ST., DES MOINES
SALE DATE: OCT. 30, 2020
SALE PRICE: $2,650,000
SELLER: NATIONAL BISCUIT COMPANY FLATS LLC
BUYER: NATIONAL BISCUIT FLATS LLC
SQUARE FEET: 23,324
ACRES: 0.199

ADDRESS: 3520 FIRST ST., DES MOINES
SALE DATE: OCT. 30, 2020
SALE PRICE: $129,500
SELLER: BROWN, RONALD W.
BUYER: ZAM GROUP IA LLC
SQUARE FEET: 1,368
ACRES: 0.181

ADDRESS: 974 73RD ST., UNIT 8, WINDSOR HEIGHTS
SALE DATE: NOV. 2, 2020
SALE PRICE: $127,250
SELLER: IOWA SERVICE OF PROCESS LLC
BUYER: OLIVER, MICHAEL B.
SQUARE FEET: 1,250
ACRES: 0.107

ADDRESS: 3022 S.E. 14TH ST., DES MOINES
SALE DATE: NOV. 2, 2020
SALE PRICE: $375,000
SELLER: TWW PROPERTY LLC
BUYER: WALFORD PROPERTIES LLC
SQUARE FEET: 2,990
ACRES: 0.605

ADDRESS: 1430 EIGHTH ST., DES MOINES
SALE DATE: NOV. 3, 2020
SALE PRICE: $82,500
SELLER: HUGHES, NENITA
BUYER: SOWADA, JOHN
SQUARE FEET: 2,430
ACRES: 0.167

ADDRESS: 3455 S.E. GATEWAY DRIVE, GRIMES
SALE DATE: NOV. 5, 2020
SALE PRICE: $2,480,040
SELLER: COLLECTIVE INVESTMENT MANAGEMENT LTD.
BUYER: HY-VEE, INC.
SQUARE FEET: 0
ACRES: 9.097 ♦

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