Top deal:  $10 million | Ankeny

MBB Holdings LLC, located in Ankeny, paid RGBA LC $10 million for property at 1405 S.E. Oralabor Road in Ankeny. The property, which includes nearly 9 acres, is occupied by Bob Brown Buick GMC. The property includes a 53,518-square-foot auto showroom and sales offices built in 2000. The property also includes a 3,850-square-foot auto service building. The property is valued at $6.5 million. The transaction was recorded Oct. 9, 2023. Photo by Duane Tinkey

Other deals

$8.2 million  |  Waukee

KTL Venue LLC, located in Moline, Ill., paid the Quarter at Waukee LLC $8.2 million for property at 2938 Grand Prairie Parkway in Waukee. Vibrant Music Hall, which opened in late 2023, is located on the property. The transaction was recorded April 6, 2023.

$8.2 million  |  Urbandale

RH Urbandale LLC, located in Urbandale, paid Urbandale Investors LLC $8.2 million for property at 8800 Northpark Drive in Urbandale. The property, valued at $7.8 million, includes a four-story, 116-unit hotel built in 2007. The transaction was recorded Oct. 26, 2023.

$6.4 million  |  Urbandale

Westport Center LLC, located in Waukee, paid the Forrest Ridgway Charitable Trust and Laura Ridgway Charitable Trust $6.45 million for property at 10411 Hickman Road in Urbandale. The property, developed in 1989, includes a 68,333-square-foot neighborhood shopping center. The property, which includes 6.4 acres, is valued at $5.1 million. The transaction was recorded March 6, 2023. 

$6.3 million  |  West Des Moines

Virinder Singh Grewal and Paramjit Kaur Grewal, both of Modesto, Calif., paid Ashworth Partners LLC $6.3 million for property at 5917 Ashworth Road in West Des Moines. The 2.5-acre parcel includes a 19,736-square-foot retail center built in 1997. The center is anchored by Kum & Go convenience store. The property is valued at $3.6 million. The transaction was recorded April 20, 2023.

$4.3 million  |  Grimes 

PRKG 2529 LLC, located in Clive, paid Hope K Farms LLC $5.2 million for property at 1101 E. First St. in Grimes. The property includes a 20,250-square-foot multi-tenant commercial center whose construction was recently completed. The property is valued at $4.3 million. The transaction was recorded March 2, 2023. 

$4.3 million  |  Ankeny

SLM Properties LLC, located in Ankeny, paid MJ Properties LLC nearly $4.3 million for property at 2620 S.W. Vintage Parkway in Ankeny. The nearly 2-acre parcel includes a 12,487-square-foot child care center built in 2019. The property is valued at $3.25 million. The transaction was recorded Sept. 18, 2023.

$4.3 million  |  Ankeny

City Ventures, an Omaha-based investment group, paid Splash Express LLC nearly $4.3 million for property at 3301 N. Ankeny Blvd. in Ankeny. The 1.6-acre parcel includes a 4,633-square-foot drive-thru car wash built in 2019. The property is valued at $1.7 million. The transaction was recorded Feb. 15, 2023.

$4.1 million  |  Johnston

City Ventures paid Splash Express LLC $4.1 million for property at 6035 Merle Hay Road in Johnston. The 1.7-acre parcel includes a 4,415-square-foot car wash that opened in 2022. The property is valued at just over $2 million. The transaction was recorded Feb. 15, 2023.

$4.1 million  |  Grimes

City Ventures paid Splash Express LLC $4.1 million for property at 301 N.E. Cypress Drive in Grimes. The 1.1-acre parcel includes a 4,505-square-foot car wash. The property is valued at $1.7 million. The transaction was recorded Feb. 15, 2023.

Source: Polk and Dallas county assessors