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Commercial Real Estate Transactions

Commercial Real Estate Transactions

8/4/2021

COMMERCIAL REAL ESTATE TRANSACTIONS IN POLK COUNTY FROM MAY 28, 2021, THROUGH JUNE 22, 2021. 

ADDRESS: 2216 E. 14TH ST., DES MOINES 

  • SALE DATE: MAY 28, 2021 
  • SALE PRICE: $520,000 
  • SELLER: FRIES PROPERTIES LLC 
  • BUYER: TWO AMIGOS AUTO SALES INC. 
  • SQUARE FEET: 2,440 
  • ACRES: 0.55

 

ADDRESS: 1536 SECOND AVE., DES MOINES 

  • SALE DATE: MAY 28, 2021 
  • SALE PRICE: $325,000 
  • SELLER: MIDWESTONE BANK 
  • BUYER: LAURIDSEN, WALTER 
  • SQUARE FEET: 6,402 
  • ACRES: 0.449

 

ADDRESS: 1151 MARTIN LUTHER KING JR. PARKWAY, DES MOINES 

CNA - Stop HIV Iowa
  • SALE DATE: MAY 29, 2021 
  • SALE PRICE: $190,000 
  • SELLER: FORTNITE HOLDINGS LLC 
  • BUYER: PERRY, ALEXANDRA 
  • SQUARE FEET: 2,247 
  • ACRES: 0.145

 

ADDRESS: 1617 S. ANKENY BLVD., ANKENY 

  • SALE DATE: MAY 31, 2021 
  • SALE PRICE: $300,000 
  • SELLER: HANDLEY, LARRY J. 
  • BUYER: FOR THE KIDS VII LLC 
  • SQUARE FEET: 6,210 
  • ACRES: 1.491

 

ADDRESS: 6355 N.E. 14TH ST., DES MOINES 

  • SALE DATE: JUNE 1, 2021 
  • SALE PRICE: $4,500,000 
  • SELLER: ABK RENTALS LLC 
  • BUYER: KLINE ELECTRIC INC.
  • SQUARE FEET: 51,520 
  • ACRES: 5.888

 

ADDRESS: 5750 N.W. BEAVER DRIVE, UNIT 1, JOHNSTON 

  • SALE DATE: JUNE 1, 2021 
  • SALE PRICE: $2,500,000 
  • SELLER: AMT PROPERTY HOLDINGS LLC 
  • BUYER: IPE1031 REV379 LLC 
  • SQUARE FEET: 22,570 
  • ACRES: 2.535

 

ADDRESS: 1125 21ST ST., DES MOINES 

  • SALE DATE: JUNE 1, 2021 
  • SALE PRICE: $192,000 
  • SELLER: OPEN DOOR PROPERTIES IA LLC 
  • BUYER: KW PROPERTIES LLC 
  • SQUARE FEET: 3,169 
  • ACRES: 0.244

 

ADDRESS: 6046 N.E. INDUSTRY DRIVE, DES MOINES 

  • SALE DATE: JUNE 1, 2021 
  • SALE PRICE: $16,550,020 
  • SELLER: TRANSCREDIT LC 
  • BUYER: ELIDAN LLC 
  • SQUARE FEET: 248,400 
  • ACRES: 15.861

 

ADDRESS: 1348 E. EUCLID AVE., DES MOINES 

  • SALE DATE: JUNE 1, 2021 
  • SALE PRICE: $1,635,000 
  • SELLER: MEIER FAMILY LLC 
  • BUYER: 148 E. EUCLID AVE. 
  • SQUARE FEET: 28,597 
  • ACRES: 2.477

 

ADDRESS: 1318 23RD ST., DES MOINES 

  • SALE DATE: JUNE 1, 2021 
  • SALE PRICE: $142,500 
  • SELLER: OPEN DOOR PROPERTIES IA LLC 
  • BUYER: CHAMBERS, NATHAN D. 
  • SQUARE FEET: 2,122 
  • ACRES: 0.198

 

ADDRESS: 145 ARTHUR AVE., DES MOINES 

  • SALE DATE: JUNE 1, 2021 
  • SALE PRICE: $220,000 
  • SELLER: TRADITION HOME BUILDERS LLC 
  • BUYER: JR&G CABLE UNDERGROUND LLC 
  • SQUARE FEET: 3,000 
  • ACRES: 0.165

 

ADDRESS: 3600 MERLE HAY ROAD, DES MOINES 

  • SALE DATE: JUNE 2, 2021 
  • SALE PRICE: $1,255,000 
  • SELLER: MICROMONT HOLDINGS 6 LLC 
  • BUYER: IMPERIAL DES MOINES LLC 
  • SQUARE FEET: 3,562 
  • ACRES: 0.791

 

SOLD!…. ROYAL OAKS APARTMENT COMPLEX
The 11-acres of real estate containing the Royal Oaks apartment complex at 2400 Hickman Road in Des Moines sold June 2. Hickman Partners LLC bought the 200-plus-units from Royal Oaks DSM LLC for $8.7 million and change. 

ADDRESS: 2400 HICKMAN ROAD, DES MOINES 

  • SALE DATE: JUNE 2, 2021 
  • SALE PRICE: $8,729,000 
  • SELLER: ROYAL OAKS DSM LLC 
  • BUYER: HICKMAN PARTNERS LLC 
  • SQUARE FEET: 149,519 
  • ACRES: 11.088

 

ADDRESS: 1114 S.E. BELMONT DRIVE, ANKENY 

  • SALE DATE: JUNE 2, 2021 
  • SALE PRICE: $3,740,000 
  • SELLER: REILAND RENTALS LLC 
  • BUYER: ANKENY 8 LLC 
  • SQUARE FEET: 49,600 
  • ACRES: 3.581

 

ADDRESS: 12129 UNIVERSITY AVE., CLIVE 

  • SALE DATE: JUNE 3, 2021 
  • SALE PRICE: $8,850,000 
  • SELLER: UCI HOLDINGS LLC 
  • BUYER: MD4 CLIVE LLC 
  • SQUARE FEET: 22,305 
  • ACRES: 1.739

 

ADDRESS: N.W. IRVINEDALE DRIVE AND N.W. 36TH STREET, ANKENY 

  • SALE DATE: JUNE 3, 2021 
  • SALE PRICE: $2,015,510 
  • SELLER: FIVE STAR DEVELOPMENT NO IV LLC 
  • BUYER: MIKKELSEN, SCOTT D. 
  • SQUARE FEET: 0 
  • ACRES: 8.934

 

ADDRESS: 1831 S.E. PRINCETON DRIVE, GRIMES 

  • SALE DATE: JUNE 3, 2021 
  • SALE PRICE: $275,000 
  • SELLER: NEWARK LAND TRUST LC 
  • BUYER: SIMPSON, MIKE 
  • SQUARE FEET: 0 
  • ACRES: 2.122

 

ADDRESS: 6931 DOUGLAS AVE., URBANDALE 

  • SALE DATE: JUNE 3, 2021 
  • SALE PRICE: $940,000 
  • SELLER: CLAIBORNE, CARY C. 
  • BUYER: URBANDALE CENTER LLC 
  • SQUARE FEET: 9,000 
  • ACRES: 1.102

 

ADDRESS: 6657 DOUGLAS AVE., URBANDALE 

  • SALE DATE: JUNE 3, 2021 
  • SALE PRICE: $70,000 
  • SELLER: GREENFIELD ENVIROMENTAL MULTI TRUST LLC (TRUSTEE) 
  • BUYER: STANBROUGH COMPANIES, LLC 
  • SQUARE FEET: 0 
  • ACRES: 0.477

 

ADDRESS: 310 N.W. CHAPEL DRIVE, ANKENY 

  • SALE DATE: JUNE 4, 2021 
  • SALE PRICE: $4,860,000 
  • SELLER: STATE STREET 206 COOPERATIVE INC. 
  • BUYER: SPG INC. 
  • SQUARE FEET: 50,226 
  • ACRES: 2.88

 

SOLD!…. PRIME SPOT IN WEST DES MOINES
The .874-acres of land at 1570 22nd St. in West Des Moines sold on June 4 to Food LLC for $2.575 million. Westowne Center Associates LLC is listed as the seller. This is the real estate between Greater Iowa Credit Union and McDonald’s. 

ADDRESS: 1570 22ND ST., WEST DES MOINES 

  • SALE DATE: JUNE 4, 2021 
  • SALE PRICE: $2,575,000 
  • SELLER: WESTOWNE CENTER ASSOCIATES LLC 
  • BUYER: FOOD, LLC 
  • SQUARE FEET: 0 
  • ACRES: 0.874

 

ADDRESS: 2005 S.E. SIXTH ST., DES MOINES 

  • SALE DATE: JUNE 4, 2021 
  • SALE PRICE: $150,000 
  • SELLER: ROTH & SONS SERVICES LC 
  • BUYER: A&J’S PROPERTIES LLC 
  • SQUARE FEET: 1,812 
  • ACRES: 0.123

 

SOLD!…. ABELARDO’S BUILDING 
The Ingersoll Avenue building that houses Abelardo’s Mexican Food, at 2500 and 2510 Ingersoll Ave. in Des Moines, recently sold to Woodsonia Acquisitions, LLC for $1 million. Noah and Sara Ann Lacona Revocable Trust is listed as the seller. Plans for a new Starbucks have been put in motion for the 3,873-square-foot building that sits on nearly 1 acre.

ADDRESS: 2510 INGERSOLL AVE., DES MOINES 

  • SALE DATE: JUNE 4, 2021 
  • SALE PRICE: $1,000,000 
  • SELLER: NOAH L & SARA ANN LACONA REVOCABLE TRUST 
  • BUYER: WOODSONIA ACQUISITIONS, LLC 
  • SQUARE FEET: 3,873 
  • ACRES: 0.939

 

ADDRESS: E. BROADWAY AND SUMMER STREETS, POLK CITY 

  • SALE DATE: JUNE 7, 2021 
  • SALE PRICE: $47,500 
  • SELLER: SIMMER, DERLE G. ESTATE 
  • BUYER: FIRST CHOICE RENOVATIONS, LLC 
  • SQUARE FEET: 720 
  • ACRES: 0.2

 

ADDRESS: 617 SCOTT AVE., DES MOINES 

  • SALE DATE: JUNE 7, 2021 
  • SALE PRICE: $175,000 
  • SELLER: GLADFELDER, REBECCA LYNN 
  • BUYER: OCHOA, LUIS E. 
  • SQUARE FEET: 5,732 
  • ACRES: 0.386

 

ADDRESS: 206 S.E. DELAWARE AVE., ANKENY 

  • SALE DATE: JUNE 9, 2021 
  • SALE PRICE: $940,000 
  • SELLER: CSB ASSETS LLC 
  • BUYER: ANKENY HOTELS IA LLC 
  • SQUARE FEET: 22,880 
  • ACRES: 1.705

 

ADDRESS: 2508 DEAN AVE., DES MOINES 

  • SALE DATE: JUNE 9, 2021 
  • SALE PRICE: $190,000 
  • SELLER: RENSLOW, DOUGLAS W. JR. 
  • BUYER: HOLT 
  • SALES & SERVICE LLC 
  • SQUARE FEET: 4,448 
  • ACRES: 0.464

 

ADDRESS: 1955 S.E. OAK DRIVE, ANKENY 

  • SALE DATE: JUNE 9, 2021 
  • SALE PRICE: $469,930 
  • SELLER: TWIN OAKS-OAK DRIVE LLC 
  • BUYER: CHARIS ENTERPRISES LLC 
  • SQUARE FEET: 0 
  • ACRES: 2.697

 

ADDRESS: 3901 INGERSOLL AVE., DES MOINES 

  • SALE DATE: JUNE 9, 2021 
  • SALE PRICE: $950,000 
  • SELLER: BROWN OFFICE LLC 
  • BUYER: 3901 INGERSOLL LLC 
  • SQUARE FEET: 4,480 
  • ACRES: 0.756

 

ADDRESS: 1200 S.E. 25TH ST., GRIMES 

  • SALE DATE: JUNE 9, 2021 
  • SALE PRICE: $802,440 
  • SELLER: M-KEDS LTD II 
  • BUYER: SP IOWA PROPERTIES LLC 
  • SQUARE FEET: 0 
  • ACRES: 4.386

 

ADDRESS: 222 N.W. COLLEGE AVE., ANKENY 

  • SALE DATE: JUNE 10, 2021 
  • SALE PRICE: $390,000 
  • SELLER: 222 N.W. COLLEGE RESIDENTIAL COOP 
  • BUYER: STANBROUGH RESIDENTIAL LLC 
  • SQUARE FEET: 4,416 
  • ACRES: 0.482

 

ADDRESS: 630 HILLSIDE AVE., DES MOINES 

  • SALE DATE: JUNE 10, 2021 
  • SALE PRICE: $572,500 
  • SELLER: DSM HOUSING LLC 
  • BUYER: E&M PROPERTIES LLC 
  • SQUARE FEET: 5,260 
  • ACRES: 0.746

 

ADDRESS: 1408 31ST ST., DES MOINES 

  • SALE DATE: JUNE 11, 2021 
  • SALE PRICE: $550,350 
  • SELLER: GRAZIANO JR, CHARLES D. 
  • BUYER: NEIGHBORHOOD DEVELOPMENT CORPORATION 
  • SQUARE FEET: 6,240 
  • ACRES: 0.41

 

ADDRESS: 2915 COTTAGE GROVE AVE., DES MOINES 

  • SALE DATE: JUNE 11, 2021 
  • SALE PRICE: $211,000 
  • SELLER: DUNCAN, DAVID 
  • BUYER: CHESNUT, COLLIN WALLACE 
  • SQUARE FEET: 2,838 
  • ACRES: 0.183

 

ADDRESS: 3708 S.E. 14TH ST., DES MOINES 

  • SALE DATE: JUNE 11, 2021 
  • SALE PRICE: $5,430,000 
  • SELLER: SOUTHERN KNOLLS LLC 
  • BUYER: VARECO 3708 S.E. 14TH LLC 
  • SQUARE FEET: 82,863 
  • ACRES: 6.403

 

SOLD!…. VALLEY JUNCTION BUILDING AT 413 FIFTH STREET 
The West Des Moines building at 413 Fifth Street sold to WB Holdings LLC for $475,000 on June 14.

ADDRESS: 413 FIFTH ST., WEST DES MOINES 

  • SALE DATE: JUNE 14, 2021 
  • SALE PRICE: $475,000 
  • SELLER: JRC INVESTMENTS LLC 
  • BUYER: WB HOLDINGS LLC 
  • SQUARE FEET: 6,830 
  • ACRES: 0.2

 

ADDRESS: 5480 N.W. BEAVER DRIVE, JOHNSTON 

  • SALE DATE: JUNE 14, 2021 
  • SALE PRICE: $1,350,000 
  • SELLER: MARINA DEVELOPMENT LLC 
  • BUYER: FRANKLIN REAL ESTATE LLC 
  • SQUARE FEET: 18,975 
  • ACRES: 1.566 

 

SOLD!…. BOB BROWN BUILDING ON MERLE HAY
A former Bob Brown Chevrolet location (1967-2012), which transitioned to a Bob Brown used vehicle sales location has been sold. RGBA LC paid just more than $3 million for the 7-acre property at 4224 Merle Hay Road in Urbandale. The sale date is listed as June 14, according to Polk County records. 

ADDRESS: 4224 MERLE HAY ROAD, DES MOINES 

  • SALE DATE: JUNE 14, 2021 
  • SALE PRICE: $3,034,210 
  • SELLER: DLE SEVEN LLC 
  • BUYER: RGBA LC 
  • SQUARE FEET: 74,936 
  • ACRES: 7.028

 

ADDRESS: 4216 INGERSOLL AVE., DES MOINES 

  • SALE DATE: JUNE 15, 2021 
  • SALE PRICE: $425,000 
  • SELLER: TOP IOWA PROPERTIES LLC 
  • BUYER: DICKEY PROPERTIES LLC 
  • SQUARE FEET: 5,057 
  • ACRES: 0.361

 

ADDRESS: 2900 EASTON BLVD., DES MOINES 

  • SALE DATE: JUNE 16, 2021 
  • SALE PRICE: $320,000 
  • SELLER: EAT CAKE LLC 
  • BUYER: NICK WEBBER & COMPANY LLC 
  • SQUARE FEET: 3,330 
  • ACRES: 0.165

 

ADDRESS: 2525 N. ANKENY BLVD., UNIT 103 BUILDING 1, ANKENY 

  • SALE DATE: JUNE 16, 2021 
  • SALE PRICE: $515,000 
  • SELLER: COTTONWOOD PLACE ON 26TH LLC 
  • BUYER: BINARY LOGISTICS LLC 
  • SQUARE FEET: 2,500 
  • ACRES: 0.269

 

ADDRESS: 1919 DELAWARE AVE., DES MOINES 

  • SALE DATE: JUNE 16, 2021 
  • SALE PRICE: $82,500 
  • SELLER: 1919 DELAWARE LLC 
  • BUYER: CELEYA NIEVES, ARTURO M. 
  • SQUARE FEET: 0 
  • ACRES: 0.455

 

ADDRESS: 7201 S.E. FIFTH ST., DES MOINES 

  • SALE DATE: JUNE 17, 2021 
  • SALE PRICE: $4,900,000 
  • SELLER: HILLCREST GROUP LLC 
  • BUYER: DSM PORTFOLIO 1 HOLDINGS LLC 
  • SQUARE FEET: 73,476 
  • ACRES: 4.75

 

ADDRESS: 200 DICKMAN ROAD, DES MOINES 

  • SALE DATE: JUNE 17, 2021 
  • SALE PRICE: $13,400,000 
  • SELLER: WILLOW PARK PARTNERS LLC 
  • BUYER: DSM PORTFOLIO 1 HOLDINGS LLC 
  • SQUARE FEET: 223,732 
  • ACRES: 21.026

 

ADDRESS: 5305 MERLE HAY ROAD, JOHNSTON 

  • SALE DATE: JUNE 17, 2021 
  • SALE PRICE: $520,000 
  • SELLER: 5305 LLC 
  • BUYER: VETCOR OF JOHNSTON LLC 
  • SQUARE FEET: 5,415 
  • ACRES: 0.744

 

ADDRESS: 480 S. 19TH ST., WEST DES MOINES 

  • SALE DATE: JUNE 17, 2021 
  • SALE PRICE: $331,000 
  • SELLER: HUYNH, CHRISTINA 
  • BUYER: KNEIP, DYLAN 
  • SQUARE FEET: 3,024 
  • ACRES: 0.257

 

ADDRESS: 4136 PARK AVE., DES MOINES 

  • SALE DATE: JUNE 17, 2021 
  • SALE PRICE: $275,000 
  • SELLER: AYBARR GROUP LLC 
  • BUYER: PARK AVE PARTNERS LLC 
  • SQUARE FEET: 2,006 
  • ACRES: 0.404

 

ADDRESS: 2720 S.W. NINTH ST., DES MOINES 

  • SALE DATE: JUNE 18, 2021 
  • SALE PRICE: $170,000 
  • SELLER: STERN, ALAN 
  • BUYER: QSA LLC 
  • SQUARE FEET: 1,364 
  • ACRES: 0.42

 

ADDRESS: 1731 GUTHRIE AVE., DES MOINES 

  • SALE DATE: JUNE 18, 2021 
  • SALE PRICE: $700,000 
  • SELLER: GUTHRIE ENTERPRISES INC. 
  • BUYER: T&C PROPERTY INVESTMENTS LLC 
  • SQUARE FEET: 21,600 
  • ACRES: 1.219

 

ADDRESS: 2232 GEORGE FLAGG PARKWAY, DES MOINES 

  • SALE DATE: JUNE 18, 2021 
  • SALE PRICE: $475,000 
  • SELLER: CHAROLD REALTY COMPANY 
  • BUYER: HAUSER PROPERTIES LLC 
  • SQUARE FEET: 9,600 
  • ACRES: 1.07

 

ADDRESS: 3619 SIXTH AVE., DES MOINES 

  • SALE DATE: JUNE 18, 2021 
  • SALE PRICE: $247,000 
  • SELLER: PUNKY PROPERTIES LLC 
  • BUYER: FIFTY FIVE THIRTY THREE LLC 
  • SQUARE FEET: 5,824 
  • ACRES: 0.149

 

ADDRESS: 9999 UNIVERSITY AVE., CLIVE 

  • SALE DATE: JUNE 21, 2021 
  • SALE PRICE: $2,100,000 
  • SELLER: KC HOLDINGS XI LLC 
  • BUYER: IHWOP LLC 
  • SQUARE FEET: 33,122 
  • ACRES: 3.918

 

ADDRESS: 1106 CLINTON AVE., DES MOINES 

  • SALE DATE: JUNE 21, 2021 
  • SALE PRICE: $110,000 
  • SELLER: NAIL, MICHELLE R. 
  • BUYER: GREEN MT LLC 
  • SQUARE FEET: 2,023 
  • ACRES: 0.152

 

ADDRESS: 1106 CLINTON AVE., DES MOINES 

  • SALE DATE: JUNE 21, 2021 
  • SALE PRICE: $122,000 
  • SELLER: GREEN MT LLC 
  • BUYER: IVYSUN CAPITAL LLC 
  • SQUARE FEET: 2,023 
  • ACRES: 0.152

 

ADDRESS: 619 EUCLID AVE., DES MOINES 

  • SALE DATE: JUNE 21, 2021 
  • SALE PRICE: $150,000 
  • SELLER: BUCKLEY, JAY R. 
  • BUYER: FIFTY FIVE THIRTY THREE LLC 
  • SQUARE FEET: 1,476 
  • ACRES: 0.152

 

ADDRESS: 6130 N.W. 86TH ST., JOHNSTON 

  • SALE DATE: JUNE 22, 2021 
  • SALE PRICE: $2,163,330 
  • SELLER: GRD BURLESON LLC 
  • BUYER: HURD COLUMBUS LLC 
  • SQUARE FEET: 3,358 
  • ACRES: 1.288

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