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    4020 121St St Urbandale, IA 50323

    Sponsored
    For Sale
    $4,950,000

    Spacious Office Building, 3.99 Acres, Iowa Hawkeye Court Negotiable

    Property size:
    20,856 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property, located at 4020 121st Street in Urbandale, Iowa, offers 20,856 square feet of versatile office space situated on a generous 3.99-acre lot. The building boasts multiple offices, providing ample room for a variety of business configurations. Convenient amenities include dedicated men's and women's restrooms, a comfortable break room for employees, and a dock door for efficient loading and unloading of deliveries. Multiple entry points offer flexibility for customizing the layout to suit diverse operational needs. The property presents a unique opportunity for a buyer interested in a substantial office space with significant expansion potential. A notable feature is the inclusion of an Iowa Hawkeye basketball court, which is negotiable as part of the purchase agreement. This adds a distinctive element to the property, potentially appealing to a wide range of buyers. The asking price for this prime commercial real estate is $4,950,000. This represents a significant investment opportunity in a desirable Urbandale location. The property's size, amenities, and unique features make it an attractive prospect for businesses seeking a substantial and adaptable workspace. Serious inquiries are encouraged.

    Property Features for 4020 121St St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    20,856 SF
    Lot Size
    173,804 SF

    Building Details

    Year Built
    2017
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Urbandale
    County
    Polk
    State
    Iowa
    Longitude
    -93.78404
    Latitude
    41.63401

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    FAQs

    What type of property is this?
    Office Property / Space - Spacious Office Building, 3.99 Acres, Iowa Hawkeye Court Negotiable
    Where is this office property / space located?
    The property is located at 4020 121St St Urbandale, IA.
    What is the asking price?
    The asking price for this property is $4,950,000.
    (877) 366-2213
    Request Owner's contact information
    4020 121St St Urbandale, IA 50323
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    Urbandale, IA 50323
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    Realmo Value Estimation

    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.

    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.

    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
    4020 121St St Urbandale, IA 50323
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