Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3601 109Th St Urbandale, IA 50322

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime Urbandale location, flexible space available.

    Property size:
    27,636 SF

    Property Features for 3601 109Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    27,636 SF
    Lot Size
    146,797 SF

    Building Details

    Year Built
    2000

    We can help!

    Listing Contact
    Andrew McCune

    Listing Agency: Stanbrough Realty Company Listing Agent: Andrew McCune

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional commercial property, located at 3601 109th Street in Urbandale, Iowa, presents a unique leasing opportunity for businesses seeking a strategic location within a thriving commercial corridor. Boasting a substantial 27,636 square feet of space situated on a generous 3.37-acre lot, this property offers significant flexibility for a variety of commercial uses. Its ideal location provides easy access to Interstate I-80, ensuring excellent connectivity to the broader Greater Des Moines area and facilitating efficient transportation of goods and services. The property is well-suited for warehousing, light industrial operations, or logistics businesses. The potential for installing an overhead door further enhances its versatility, streamlining loading and unloading processes and optimizing operational efficiency. The available leasable space is highly adaptable, ranging from 5,000 to 11,500 square feet, catering to businesses of varying sizes and needs. The asking rate is $13.50 per square foot, NNN. This property is available for lease only. Interested parties should inquire for further details.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Urbandale
    County
    Polk
    State
    Iowa
    Longitude
    -93.76538
    Latitude
    41.62719

    Nearby Similar for Sale

    • $329,900
      0.37 Acres

      Office Building in High-Demand Corridor

      Fully occupied office building with long-term lease and built-in income.
      2400 6Th St, Urbandale, IA 50322
      View Details
    • $3,700,000
      Pending

      Urbandale Office and Mixed-Use Opportunity

      Prime Urbandale location, currently office and basketball/mixed-use operations.
      4020 121 St, Urbandale, IA 50323
      View Details
    • $1,500,000
      5,114 SF

      Former Dental Office with Theater

      Versatile Urbandale property with unique features and expansion potential.
      8501 Plum Dr, Urbandale, IA 50322
      View Details
    • Contact for pricing
      4,968 SF

      Restaurant in High-Traffic Urbandale Location

      Restaurant property for sale in a high-visibility Urbandale location.
      4810 86 St, Urbandale, IA
      View Details
    • $3,990,000
      157,488 SF

      Six-Story Office Building in Urbandale

      157,488 SF office building for sale in Urbandale, Iowa.
      6200 Aurora Ave, Urbandale, IA
      View Details
    • $1,580,000
      13,139 SF

      Retail/Office Center in Urbandale, Iowa

      13,139 SF retail/office center at NW Urbandale Avenue and 100th Street.
      3941-4001 100 St, Urbandale, IA
      View Details
    • $2,400,000
      18,848 SF

      Freestanding Building on NW 86th

      18,848 SF building suitable for office, daycare, or church.
      2951 86 St, Urbandale, IA
      View Details
    • $259,900
      1,500 SF

      Urbandale Warehouse Condo For Sale

      1,500 sq ft warehouse condo with highway access.
      3301 111 St, Urbandale, IA
      View Details
    • Contact for pricing
      3,723 SF

      Renovated Office Space For Sale

      Completely renovated office space with modern finishes and large parking.
      7177 Hickman Rd, Urbandale, IA
      View Details
    • Contact for pricing
      3,960 SF

      Standalone Office Building For Sale

      3,960 SF office building with quick Interstate 35 access.
      6901 Hickman Rd, Urbandale, IA
      View Details
    • Contact for pricing
      17,557 SF

      Urbandale Office Building For Sale

      17,557 SF office building in Urbandale, Iowa.
      3001-3035 86 St, Urbandale, IA
      View Details
    • Contact for pricing
      30,400 SF

      Office Building in Urban Loop

      Class B office space with ample parking and highway access.
      4121 NW Urbandale Dr, Urbandale, IA 50322
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime Urbandale location, flexible space available.
    Where is this commercial real estate located?
    The property is located at 3601 109Th St Urbandale, IA.
    What is the asking price?
    The asking price for this property is $14.
    (515) 334-3345
    Request Owner's contact information
    3601 109Th St Urbandale, IA 50322
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3601 109Th St
    Urbandale, IA 50322
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3601 109Th St Urbandale, IA 50322
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Andrew McCune
    (515) 334-3345 (515) 334-3345
    Learn more
    Google sign-in failed. Please try again or use another login method.