Commercial Real Estate Transactions
8/5/2020COMMERCIAL REAL ESTATE TRANSACTIONS IN POLK COUNTY FROM MAY 7 – JULY 1, 2020
ADDRESS: 1293 EIGHTH ST., WEST DES MOINES
SALE DATE: MAY 7, 2020
PRICE: $3,300,000
SELLER: BAY BREEZE LLC
BUYER: MIDTOWN REAL ESTATE SERVICES LLC
SQUARE FEET: 4,995
ACRES: 1.329
ADDRESS: 1120 SECOND ST. N.E., BONDURANT
SALE DATE: MAY 7, 2020
PRICE: $515,000
SELLER: DECADE PROPERTIES LLC
BUYER: RAMMS CONSTRUCTION LLC
SQUARE FEET: 3,150
ACRES: 3.16
ADDRESS: 3000 104TH ST., URBANDALE
SALE DATE: MAY 7, 2020
PRICE: $554,560
SELLER: NIKOLE INVESTMENTS LLC
BUYER: JOHNSON, BRADLEY P.
SQUARE FEET: 18,000
ACRES: 2.99
ADDRESS: 4289 E. 50TH ST., DES MOINES
SALE DATE: MAY 8, 2020
PRICE: $410,000
SELLER: ADOBE VENTURE LLC
BUYER: JWR PROPERTIES LLC
SQUARE FEET: 0
ACRES: 3.511
ADDRESS: 625 IRVING ST., DES MOINES
SALE DATE: MAY 11, 2020
PRICE: $440,000
SELLER: STONEBRIDGE APARTMENTS LLC
BUYER: CLAUSSEN, ALLEN
SQUARE FEET: 3,227
ACRES: 0.351
ADDRESS: 601 S. 18TH ST., WEST DES MOINES
SALE DATE: MAY 12, 2020
PRICE: $400,000
SELLER: HOLZWORTH LAND COMPANY LLC
BUYER: JAW INVESTMENTS, LLC
SQUARE FEET: 4,000
ACRES: 0.93
ADDRESS: 1930 S.E. 15TH COURT, DES MOINES
SALE DATE: MAY 13, 2020
PRICE: $1,250
SELLER: MACEDA, HERMINIO
BUYER: KARAMANLIS, JOHN
SQUARE FEET: 0
ACRES: 0.296
ADDRESS: 518 35TH ST., DES MOINES
SALE DATE: MAY 15, 2020
PRICE: $260,000
SELLER: FIERCE, SAMUEL
BUYER: FIERCE PROPERTIES, LLC
SQUARE FEET: 2,463
ACRES: 0.189
ADDRESS: 808 E. 11TH ST., DES MOINES
SALE DATE: MAY 18, 2020
PRICE: $780,000
SELLER: CAPITAL INVESTMENTS LC
BUYER: IPE1031 REV345 LLC
SQUARE FEET: 11,676
ACRES: 0.784
ADDRESS: 3315 70TH ST., URBANDALE
SALE DATE: MAY 19, 2020
PRICE: $275,000
SELLER: WE CAN BUILD IT LC
BUYER: EMMAUS HOUSE OF THE DIOCESE OF DES MOINES
SQUARE FEET: 4,080
ACRES: 0.448
ADDRESS: 2900 S.E. DESTINATION DRIVE, GRIMES
SALE DATE: MAY 21, 2020
PRICE: $376,000
SELLER: DESTINATION INVESTMENTS LLC
BUYER: IPE1031 REV350 LLC
SQUARE FEET: 0
ACRES: 1.754
ADDRESS: 2120 INGERSOLL AVE., DES MOINES
SALE DATE: MAY 21, 2020
PRICE: $450,000
SELLER: DJ INGERSOLL PROPERTIES LLC
BUYER: ALLEN, EDWIN
SQUARE FEET: 1,836
ACRES: 0.394
ADDRESS: 1557 SECOND AVE., DES MOINES
SALE DATE: MAY 22, 2020
PRICE: $220,000
SELLER: LY, DAVID
BUYER: TRAN, NHA D.
SQUARE FEET: 4,233
ACRES: 0.209
ADDRESS: 1510 VERMONT ST., DES MOINES
SALE DATE: MAY 25, 2020
PRICE: $143,000
SELLER: NIBLE, VIRGINIA M., ESTATE
BUYER: SWJ HOLDINGS, LLC
SQUARE FEET: 1,350
ACRES: 0.448
ADDRESS: 4950 E. UNIVERSITY AVE., PLEASANT HILL
SALE DATE: MAY 26, 2020
PRICE: $1,000,000
SELLER: PATTERSON, RONALD M.
BUYER: ELDER PROPERTIES II, LLC
SQUARE FEET: 20,168
ACRES: 1.5
ADDRESS: 3800 E. DOUGLAS AVE., DES MOINES
SALE DATE: MAY 27, 2020
PRICE: $2,250,000
SELLER: EXPERIENCE CHURCH OF THE OPEN BIBLE
BUYER: HOPE MINISTRIES
SQUARE FEET: 43,387
ACRES: 5.483
ADDRESS: 2929 MARTIN LUTHER KING JR PARKWAY, DES MOINES
SALE DATE: MAY 27, 2020
PRICE: $590,000
SELLER: GARRETT INVESTMENTS INC
BUYER: ADT RE HOLDINGS LLC
SQUARE FEET: 6,372
ACRES: 1.839
ADDRESS: 309 E. FIRST ST., ANKENY
SALE DATE: MAY 28, 2020
PRICE: $500,000
SELLER: BRESSON, DARRYL
BUYER: OAKSTONE OFFICE LLC
SQUARE FEET: 1,269
ACRES: 0.535
ADDRESS: 1410 32ND ST., DES MOINES
SALE DATE: MAY 29, 2020
PRICE: $200,000
SELLER: KENTFIELD PROPERTIES LLC – SERIES 1410 32ND
BUYER: KAUZLARICH, CODY S
SQUARE FEET: 3,276
ACRES: 0.092
ADDRESS: 2846 BRATTLEBORO AVE., DES MOINES
SALE DATE: MAY 29, 2020
PRICE: $190,000
SELLER: KENTFIELD PROPERTIES LLC – SERIES 2846 BRATTLEBORO
BUYER: KAUZLARICH, CODY S.
SQUARE FEET: 2,352
ACRES: 0.152
ADDRESS: 2815 COTTAGE GROVE AVE., DES MOINES
SALE DATE: MAY 29, 2020
PRICE: $160,000
SELLER: KENTFIELD PROPERTIES LLC-SERIES 2815 COTTAGE GROVE
BUYER: KAUZLARICH, CODY S.
SQUARE FEET: 2,474
ACRES: 0.229
ADDRESS: 8711 WINDSOR PARKWAY, UNIT 106, JOHNSTON
SALE DATE: MAY 29, 2020
PRICE: $278,000
SELLER: IMPERIAL INVESTMENTS LLC
BUYER: ACTIVE HOLDINGS LLC
SQUARE FEET: 1,638
ACRES: 0.25
ADDRESS: 3501 EP TRUE PARKWAY, WEST DES MOINES
SALE DATE: MAY 29, 2020
PRICE: $871,000
SELLER: IM & AY LLC
BUYER: EVERGREEN PROPERTIES INVESTMENT, LLC
SQUARE FEET: 2,376
ACRES: 1.074
ADDRESS: 2705 E. EUCLID AVE., DES MOINES
SALE DATE: MAY 29, 2020
PRICE: $125,000
SELLER: MICHAEL J ROVNER TRUST
BUYER: YOUTH & SHELTER SERVICES INC
SQUARE FEET: 0
ACRES: 0.884
ADDRESS: 5721 N.W. 57TH AVE., UNIT 12, JOHNSTON
SALE DATE: MAY 30, 2020
PRICE: $270,000
SELLER: REAY, RICHARD M.
BUYER: VERANDA JOHNSTON REAL ESTATE, LLC
SQUARE FEET: 24,526
ACRES: 0.132
ADDRESS: 4416 MERLE HAY ROAD, DES MOINES
SALE DATE: JUNE 2, 2020
PRICE: $500,000
SELLER: R JONES COLLISION SPECIALISTS INC.
BUYER: CKJ PROPERTIES LLC
SQUARE FEET: 5,888
ACRES: 0.365
ADDRESS: 107 DODD ST., RUNNELLS
SALE DATE: JUNE 3, 2020
PRICE: $30,000
SELLER: HEDLUND, TERRY
BUYER: JONES, JOSHUA R.
SQUARE FEET: 1,600
ACRES: 0.2
ADDRESS: 5494 E. UNIVERSITY AVE., PLEASANT HILL
SALE DATE: JUNE 3, 2020
PRICE: $375,000
SELLER: 5401 E UNIVERSITY INC.
BUYER: TKD NLD PLEASANT HILL LLC
SQUARE FEET: 0
ACRES: 1.375
ADDRESS: 1350 S. PLEASANT HILL BLVD., PLEASANT HILL
SALE DATE: JUNE 4, 2020
PRICE: $250,000
SELLER: OAK RIDGE ESTATES PARTNERSHIP
BUYER: FLECK, LARRY
SQUARE FEET: 352
ACRES: 10.134
ADDRESS: 321 EUCLID AVE., DES MOINES
SALE DATE: JUNE 4, 2020
PRICE: $500,000
SELLER: PRESBYTERY OF DSM OF THE PRESBYTERIAN CHURCH (USA)
BUYER: MIRACLE LIFE FAMILY CHURCH INC
SQUARE FEET: 36,073
ACRES: 1.331
ADDRESS: 711 BANCROFT ST., DES MOINES
SALE DATE: JUNE 10, 2020
SALE PRICE: $355,000
SELLER: JKLM REAL ESTATE LLC
BUYER: WILDCARD PROPERTIES LLC
SQUARE FEET: 4,628
ACRES: 0.384
ADDRESS: 2580 FLEUR DRIVE, DES MOINES
SALE DATE: JUNE 11, 2020
SALE PRICE: $2,150,000
SELLER: THE VILLAGE AT GRAYS LAKE LLC
BUYER: SWIFT OFFICES LLC
SQUARE FEET: 34,356
ACRES: 3.045
ADDRESS: 4351 HUBBELL AVE., DES MOINES
SALE DATE: JUNE 11, 2020
SALE PRICE: $70,000
SELLER: R & D BUILDERS INVESTMENTS LLC
BUYER: KEY PROPERTIES & CONSTRUCTION LLC
SQUARE FEET: 768
ACRES: 0.682
ADDRESS: ON SOUTHEAST CAPITOL CIRCLE, GRIMES
SALE DATE: JUNE 12, 2020
SALE PRICE: $1,370,000
SELLER: THE CHICKEN COUPE LLC
BUYER: WILLIAMS TURF FARMS INC
SQUARE FEET: 17,340
ACRES: 1.614
ADDRESS: 2635 ADVENTURELAND DRIVE, ALTOONA
SALE DATE: JUNE 12, 2020
SALE PRICE: $2,100,000
SELLER: MIDWEST OIL LC
BUYER: SK INVESTMENT LLC
SQUARE FEET: 2,520
ACRES: 1.167
ADDRESS: 1510 W. WALNUT ST., ELKHART
SALE DATE: JUNE 16, 2020
SALE PRICE: $516,750
SELLER: PEAK DEVELOPMENT CORPORATION
BUYER: ELKHART PROPERTIES LLC
SQUARE FEET: 0
ADDRESS: 1308 N.W. LAUREL ST., ELKHART
SALE DATE: JUNE 18, 2020
SALE PRICE: $537,500
SELLER: PEAK DEVELOPMENT CORP
BUYER: RURAL ELECTRIC SUPPLY COOPERATIVE
SQUARE FEET: 0
ACRES: 4.983
ADDRESS: 2438 HUBBELL AVE., DES MOINES
SALE DATE: JUNE 19, 2020
SALE PRICE: $100,000
SELLER: H & Q PROPERTIES INC
BUYER: BINGHAM, JASON
SQUARE FEET: 1,632
ACRES: 0.312
ADDRESS: 1818 ARLINGTON AVE., DES MOINES
SALE DATE: JUNE 19, 2020
SALE PRICE: $53,000
SELLER: RODRIGUEZ, EUNICE
BUYER: BARRIENTOS, EUGENIO
SQUARE FEET: 4,104
ACRES: 0.272
ADDRESS: 320 S.E. DELAWARE AVE., UNIT 320W, ANKENY
SALE DATE: JUNE 19, 2020
SALE PRICE: $568,000
SELLER: SIMPSON PROPERTIES LLC
BUYER: NOEMA PROPERTIES LLC
SQUARE FEET: 3,774
ACRES: 0.447
ADDRESS: 3121 FOREST AVE., DES MOINES
SALE DATE: JUNE 22, 2020
SALE PRICE: $350,000
SELLER: SCHNEIDER AUTO SERVICE INC.
BUYER: NEIGHBORHOOD DEVELOPMENT CORP
SQUARE FEET: 2,691
ACRES: 0.421
ADDRESS: 2717 KINGMAN BLVD., DES MOINES
SALE DATE: JUNE 23, 2020
SALE PRICE: $115,000
SELLER: MULVIHILL FARMS INC
BUYER: RALLY CAP PROPERTIES LLC
SQUARE FEET: 1,648
ACRES: 0.114
ADDRESS: 2706 KINGMAN BLVD., DES MOINES
SALE DATE: JUNE 23, 2020
SALE PRICE: $105,000
SELLER: MULVIHILL FARMS INC
BUYER: RALLY CAP PROPERTIES LLC
SQUARE FEET: 1,288
ACRES: 0.069
ADDRESS: 7009 HICKMAN ROAD, URBANDALE
SALE DATE: JUNE 23, 2020
SALE PRICE: $400,000
SELLER: TRISTAR GROUP OF KANSAS LLC
BUYER: TDS INDUSTRIES LLC
SQUARE FEET: 4,320
ACRES: 1.617
ADDRESS: 116 HIGH ST. S.W., MITCHELLVILLE
SALE DATE: JUNE 23, 2020
SALE PRICE: $750,000
SELLER: ATERRA 39 116 HIGH ST MITCHELLVILLE LLC
BUYER: 116 HIGH STREET SW LLC
SQUARE FEET: 13,320
ACRES: 1.771
ADDRESS: 3805 80TH ST., URBANDALE
SALE DATE: JUNE 24, 2020
SALE PRICE: $330,000
SELLER: PAYATON’S PROPERTIES, LLC
BUYER: BERGMAN, JOSEPH
SQUARE FEET: 3,282
ACRES: 0.416
ADDRESS: 1625 OAKLAND AVE., DES MOINES
SALE DATE: JUNE 25, 2020
SALE PRICE: $225,000
SELLER: BBT RENTALS LLC
BUYER: 1625 OAKLAND AVENUE LLC
SQUARE FEET: 4,898
ACRES: 0.394
ADDRESS: 6105 MERLE HAY ROAD, JOHNSTON
SALE DATE: JUNE 25, 2020
SALE PRICE: $925,000
SELLER: STRAW PROPERTIES LLC
BUYER: ONE SITE DEVELOPMENT LLC
SQUARE FEET: 10,636
ACRES: 1.12
ADDRESS: 6285 N.E. INDUSTRY DRIVE, DES MOINES
SALE DATE: JUNE 26, 2020
SALE PRICE: $1,590,000
SELLER: DRA PROPERTIES LC
BUYER: NORTHWEST REALTY HOLDINGS LLC
SQUARE FEET: 17,280
ACRES: 4.592
ADDRESS: 611 34TH AVE. S.W., ALTOONA
SALE DATE: JUNE 26, 2020
SALE PRICE: $1,875,000
SELLER: ALTOONA LION DEVELOPMENT GROUP LLC
BUYER: ALDI INC
SQUARE FEET: 0
ACRES: 2.265
ADDRESS: 2575 N. ANKENY BLVD., UNIT 217 BLDG 2,, ANKENY
SALE DATE: JUNE 26, 2020
SALE PRICE: $234,000
SELLER: DRA PROPERTIES LC
BUYER: POLO CASEYS INC.
SQUARE FEET: 1,250
ACRES: 0.134
ADDRESS: NEAR 1000 THOMAS BECK ROAD, DES MOINES
SALE DATE: JUNE 29, 2020
SALE PRICE: $355,000
SELLER: BENSKIN BROS INC.
BUYER: THOMAS BECK I LLC
SQUARE FEET: 4,410
ACRES: 3.071
ADDRESS: 1700 S.E. DELAWARE AVE., ANKENY
SALE DATE: JUNE 29, 2020
SALE PRICE: $1,415,000
SELLER: NORTHWEST BANK
BUYER: GREATER IOWA CREDIT UNION
SQUARE FEET: 3,320
ACRES: 1.136
ADDRESS: 3509 DELAWARE AVE., DES MOINES
SALE DATE: JUNE 30, 2020
SALE PRICE: $157,000
SELLER: NULPH, KENNETH A
BUYER: ALLCOAT PROPERTIES, LLC
SQUARE FEET: 5,748
ACRES: 0.243
ADDRESS: 2727 DOUGLAS AVE., DES MOINES
SALE DATE: JUNE 30, 2020
SALE PRICE: $315,000
SELLER: DOUGLAS AVENUE PROPERTIES LLC
BUYER: ALIVE CHURCH
SQUARE FEET: 12,288
ACRES: 0.803
ADDRESS: 1100 S. FIFTH ST., POLK CITY
SALE DATE: JUNE 30, 2020
SALE PRICE: $219,380
SELLER: MCHES LLC
BUYER: P&M MONOGRAMMING INC
SQUARE FEET: 0
ACRES: 1.027
ADDRESS: 5327 N.W. SECOND ST., DES MOINES
SALE DATE: JULY 1, 2020
SALE PRICE: $535,000
SELLER: SUTTON WILLIAM PROPERTIES LLC
BUYER: ZB INVESTMENTS LC
SQUARE FEET: 6,400
ACRES: 0.577
ADDRESS: 1211 VINE ST., WEST DES MOINES
SALE DATE: JULY 1, 2020
SALE PRICE: $675,000
SELLER: BRIDGES OF IOWA
BUYER: CITY OF WEST DES MOINES
SQUARE FEET: 54,851
ACRES: 5.868
ADDRESS: 505 SHERIDAN AVE., DES MOINES
SALE DATE: JULY 1, 2020
SALE PRICE: $635,000
SELLER: CALIKEYS PROPERTY HOLDINGS II LLC
BUYER: IPE1031 REV353 LLC
SQUARE FEET: 12,449
ACRES: 1.725 ♦
