Top deal: $10.4 million | Waukee

Westwood Waukee LLC, based in Los Angeles, paid Downing Development WP LLC $10.4 million for property at 85 N.E. Carefree Lane in Waukee. The property includes a 33,431-square-foot neighborhood shopping center built in 2020. The property was valued at $4.6 million in 2024. The transaction was recorded Oct. 7. Photo by Duane Tinkey

Other deals

$7.1 million | Waukee

Davis Estates Ltd., based in Davenport, paid NVS Properties 24 LLC $7.1 million for property at 605 E. Hickman Road in Waukee. The 1.1-acre parcel includes a 9,899-square-foot, one-story building whose construction was completed in 2023. The building is occupied by Guidepost Montessori, which operates day care, preschool and kindergarten programs. The property was valued at $2.5 million in 2024. The transaction was recorded June 12.

$6.4 million | Windsor Heights

Marc 1 Holdings LLC, an entity managed by Atlanta-based Mammoth Holdings, paid IA10 Windsor Heights LLC $6.4 million for property at 6310 Hickman Road in Windsor Heights. The 1-acre parcel includes a recently built automatic car wash. The transaction was recorded Oct. 25.

$6.2 million | Clive

Marc 1 Holdings paid IA11 10056 Clive LLC $6.2 million for property at 10056 Hickman Court in Clive. A Silverstar Car Wash with a tunnel wash system opened on the site in July. The site previously was occupied by a fast-food restaurant, which was razed. Silverstar Car Wash, which has 30 Midwest locations, is part of Mammoth Holdings’ multi-brand portfolio of car wash brands. The transaction was recorded Aug. 12.

$5.5 million | Waukee

Guad 2 LLC, located in Waukee, paid AJ Commercial LLC $5.5 million for property at 185 W. Hickman Road in Waukee. The 1.6-acre parcel includes a 6,293-square-foot building for a restaurant. Construction was completed in 2024. The transaction was recorded Nov. 6. 

$5.5 million | Altoona

Prairie Cove Property LLC, located in Clive, paid Colby’s Prairie Cove LC $5.5 million for property at 3160 Eighth St. S.W. in Altoona. The 4.7-acre parcel includes a 33,345-square-foot neighborhood shopping center developed in 1999. The property was valued at $4.7 million in 2024. The transaction was recorded Dec. 13.

$5.2 million | Altoona

Hurd MCE Altoona LLC, managed by local developer Richard Hurd, paid CWP West LLC and CWP West Corp. $5.25 million for property at 3700 Prairie Fire N.W. in Altoona. The 1.5-acre parcel includes a Mister Car Wash drive-thru car wash, which was built in 2022. The property was valued at $3 million in 2024. The transaction was recorded July 10.

$4.1 million | Des Moines

Calico Commercial LLC, located in Deerfield, Ill., paid Cardinal Green Investments LLC $4.1 million for property at 4415 Douglas Ave. in Des Moines. The 2.2-acre parcel includes a 17,900-square-foot building occupied by Walgreens. The building was constructed in 1997. The property was valued at $2.7 million in 2024. The transaction was recorded May 5.

$4 million | Des Moines

Native Real Estate LLC, managed by Travis Mansfield, purchased much of Southridge Mall including many of the outlots surrounding the retail center at 1111 E. Army Post Road. The acquisition from Macerich Southridge Mall LLC includes 14 parcels on about 80 acres. The total value of the property acquired by Mansfield totals over $25.1 million. The transaction was recorded Dec. 3.

$2.3 million | Des Moines

1726 NC LLC, based in New York, paid several limit liability companies $2.3 million for property at 6079 S.E. 14th St. in Des Moines. Sellers include Rizzuti Holdings VI LLC, Hazel & Ruby Investments LLC, Paragon Investments LLC, and Gillotti Holdings I LLC. The 1-acre parcel includes a 3,270-square-foot building for a restaurant constructed in 2024. The transaction was recorded Nov. 22. 

Source: Polk and Dallas county assessor’s offices