Land 2022 Top Deals

$7.3 million
Ankeny

Costco Wholesale Corp., based in Issaquah, Wash., paid Threshold Otter Creek LLC $7.3 million for the property at 4000 N.E. Spectrum Drive. The retailer opened a members-only store on the site in November. The transaction was recorded March 17, 2022.

$5.3 million  |  Altoona

HOA RE LLC, managed by Gurley Leep Automotive Family, paid Prairie Crossing Investments Inc. $5.3 million for semi-developed land at 950 Bass Pro Drive. The group is building a new auto dealership on the site. The transaction was recorded Jan. 28, 2022.

$2.6 million  |  Altoona

Kwik Trip Inc., based in La Crosse, Wis., paid I-80 Business Park LLC $2.63 million for about 7 acres at 2030 21st St. N.W. The convenience store chain built a 12,650-square-foot Kwik Star convenience store and truck stop on the site. The transaction was recorded April 19, 2022.

$1.9 million  |  Pleasant Hill

Stagecoach 2500 S.E. 43rd St. LLC, located in St. Paul, Minn., paid Krause Properties LC $1.85 million for semi-improved land at 2500 S.E. 43rd St. The transaction was recorded July 22.

$1.7 million  |  Ankeny

Premier Credit Union, whose home office is in Des Moines, paid Iowa Clinic Holding Co. LLC $1.7 million for undeveloped land at 1450 S.W. Tradition Drive. The transaction was recorded Feb. 2, 2022.

$1.4 million  |  Altoona

Twain GL XXXVII LLC, located in St. Louis, paid 737 34th Avenue Carwash RE LLC $1.4 million for nearly 2 acres of vacant land at 737 34th Ave. S.W. in Altoona. The transaction was recorded Oct. 17.

$1.4 million  |  Des Moines

Walnut Creek Community Church paid Swaps Cash LLC $1.4 million for one-half acre of semi-improved property at 304 E. Walnut St. The transaction was recorded June 17.

$1.3 million  |  Altoona

Texas Roadhouse Holdings LLC, based in Louisville, Ky., paid Cinemark USA Inc. $1.3 million for property at 2363 and 2407 Adventureland Drive N.W. A 7,392-square-foot restaurant and outdoor patio was built on the tract. The transaction was recorded July 19.

$1.3 million  |  Altoona

CWP West Corp., which operates Mister Car Wash, paid Prairie Crossing Investment Inc. $1.29 million for 1.5 acres at 3700 Prairie Fire N.W. A car wash was built on the site. The transaction was recorded June 27.

$1.3 million  |  Ankeny

SCO Properties LLC, located in Ankeny, paid DLE Seven LLC $1.26 million for 2.4 acres at 350 N.W. 18th St. The acquisition included two undeveloped lots zoned for commercial use. The transaction was recorded May 11.

Source: Polk and Dallas county assessors’ offices