Urbandale Commercial Corridor Flex
For Sale
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3601 109th Sts, Urbandale, IA 50322
Flexible space in Urbandale's commercial corridor, near I-80.
Property Size27,636 SF
Price / SF$0.00
Days on Market325
Property Features for 3601 109th Sts
General Information
Standard status
Active
Size
27,636 SF
Property subtype
Commercial
Building Details
Year Built
2000
Listing Agency:
Stanbrough Realty Company
Listed By:
Andrew McCune (515) 334-3345 · License #S64937000
(515) 334-3345
Source:
Desmoineshomesforsale
Added: Nov 27, 2025
Changed: Oct 1
Last Checked: Oct 16 at 9:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stanbrough Realty Company
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located in the heart of Urbandale’s commercial corridor, the property at 3601 109th Street offers a strategic location for businesses. It is situated minutes from Interstate I-80, providing connectivity to the Greater Des Moines area. This flexible property is suited for warehousing, light industrial, or logistics operations. The potential for an overhead door installation allows for streamlined loading and unloading processes. The available space ranges from 5,000 to 11,500 square feet. The property is available for lease.
Key Highlights
- Strategic location in Urbandale's commercial corridor.
- Excellent connectivity to the Greater Des Moines area via I‑80.
- Flexible space suitable for warehousing, light industrial, or logistics.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,316
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,266,320
$2.3M
Cap Rate 7%
$1,618,800
$1.6M
Cap Rate 9%
$1,259,067
$1.3M
Market Conditions
NOI Build-Up for 27,636 SF
Gross rent
$175.8K $6.36/SF
− Vacancy
−$13.9K −$0.50/SF
EGI
$161.9K $5.86/SF
− OpEx
−$48.6K −$1.76/SF
NOI
$113.3K $4.10/SF
Area
Polk County, IA
Vacancy
7.90%
Lease Rate
$6.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,266,320
Cap Rate 7%
$1,618,800
Cap Rate 9%
$1,259,067
Alternative Uses
Best Use
Flex RnD
$26.60M
$23.28M – $31.04M
NOI $1,862,225 @ 7.0% cap · market cap 14,324,807.69%
Second Best
Industrial
$1.62M
$1.42M – $1.89M
NOI $113,316 @ 7.0% cap · market cap 871,661.54%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
424
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 50322, IA
31,652
Population
13,293
Households
2.4
Avg Household Size
40
Median Age
42%
College-Educated
93%
High-School Grad
10.8 sq mi
ZIP Area
2,931
Density / Sq Mi
$89,323
Median Household Income
$48,016
Median Earnings
$1,151
Median Rent
$263,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Flexible space in Urbandale's commercial corridor, near I-80.
Where is this flex space located?
The property is located at 3601 109th Sts Urbandale, IA.
What are key features of this property?
This property features: Strategic location in Urbandale's commercial corridor.; Excellent connectivity to the Greater Des Moines area via I‑80.; Flexible space suitable for warehousing, light industrial, or logistics.
