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31561996
31561997

5051 E University Ave, Pleasant Hill, IA 50327

KS
IA S73068000
Metro Commercial Real Estate, LLC
JI
IA 73066000
Metro Commercial Real Estate, LLC
Listed by Metro Commercial Real Estate, LLC
$635,000
73 days on market
Updated 16 days ago

9.91% Cap Rate - 5051 E University Ave, Pleasant Hill

Details
APN 782304126009
Property Type Office, Retail (+1)
Sub Type Creative Office
Square Footage 2,627
Units 20
Cap Rate 9.91%
NOI $62,960
Occupancy 100%
Tenancy Multi
Lease Type Gross
Year Built 2004
Buildings 1
Stories 1
Acreage 0.321
Zoning C-2
Parking Spaces 20 spaces
Parking Per SqFt 7.61
Ground Lease No

100% Leased / Great Investment Property

Marketing description

  • Building Square Footage: 2,627 SF
  • 10 Individual Suites
  • Kitchenette
  • Laundry
  • 2 Bathrooms
  • 20 Paved Parking Spots
  • 100% Occupancy w/ all 1 year or longer leases

Investment highlights

Spacious building perfect for offices or suites, with ample parking

for visitors and tenants. The property has 10 individual suite spaces and is

currently at full / 100% occupancy. Amenities include a kitchenette, laundry, and 20

parking spaces with overflow. This property sits in a convenient location right

off of highway 163, and is just a few minutes from highway 65.

Listing Contacts

KS
IA S73068000
Metro Commercial Real Estate, LLC
JI
IA 73066000
Metro Commercial Real Estate, LLC
Listed by Metro Commercial Real Estate, LLC

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$62,960.00
$5,246.67/mo

Valuation Metrics

0
DSCR
9.91%
Cap Rate
9.91%
ROI

Map

Zoning

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C-2 CommercialCore CommercialRegional Commercial
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Last updated Mar 9, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Kaden Smith
License
S73068000
Brokerage
The York Companies
Brokerage Phone
7128987933
Title
Real Estate Agent
Brokerage Address
28187 Prospect Avenue
Name
Jacob Imming
License
73066000
Brokerage
The York Companies
Brokerage Phone
5152671040
Title
Real Estate Agent
Brokerage Address
28187 Prospect Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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