4121 NW Urbandale Dr, Urbandale, IA
Class B office space with ample parking and highway access.
- Added:
- Mar 4, 2025
- Days on Market:
- 486
- Last Refresh:
- May 20 at 8:54 pm
Property Features for 4121 NW Urbandale Dr
General Information
- Standard status
- Active
- Size
- 30,400 SF
- Lot size
- 3.66 Acres
- Property subtype
- OFFICE
Listing office JLL (515) 556-4727
Listing date Mar 4, 2025
Source Moodyscre
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 JLL
HighLights
- Located in the Urban Loop with easy access to I‑80/35
- Large 3.66‑acre lot size
- 88 parking spaces available
- Zoned M‑1
- Class B office space
- Sale price: $4,500,000
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $667.6k | $21.96 |
| − Vacancy | −$133.5k | −$4.39 |
| EGI | $534.1k | $17.57 |
| − OpEx | −$133.5k | −$4.39 |
| NOI | $400.6k | $13.18 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Urbandale
- County
- Polk
- State
- Iowa
- Longitude
- -93.7595
- Latitude
- 41.6367
