Owner-User Office
For Sale
Contact for pricing
4440-4456 128th St, Urbandale, IA 50323
Located near Meredith and NW 128th Street in Urbandale.
Property Size7,078 SF
Price / SF$180.14
Days on Market375
Property Features for 4440-4456 128th St
General Information
Standard status
Active
Size
7,078 SF
Property subtype
OFFICE
Listing Agency:
The Siedenburg Group
(515) 223-6222
Listed By:
Ryan Siedenburg · License #S63895000
(515) 339-9616
Source:
Moodyscre
Added: Oct 7, 2025
Changed: Oct 7
Last Checked: Oct 16 at 8:46AM
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 The Siedenburg Group
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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.
This office building contains 7,078 square feet and is offered for sale as an owner-user property. The asset provides a commercial setting for a business seeking an established office location in Urbandale.
The property is located at 4440-4456 128th St and sits off Meredith and NW 128th Street in Urbandale, Iowa.
The property is located at 4440-4456 128th St and sits off Meredith and NW 128th Street in Urbandale, Iowa.
Key Highlights
- 7,078 square feet of office space
- Owner‑user office property offered for sale
- Located at 4440‑4456 128th St, Urbandale, IA 50323
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,260
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,865,200
$1.9M
Cap Rate 7%
$1,332,286
$1.3M
Cap Rate 9%
$1,036,222
$1.0M
Market Conditions
NOI Build-Up for 7,078 SF
Gross rent
$155.4K $21.96/SF
− Vacancy
−$31.1K −$4.39/SF
EGI
$124.3K $17.57/SF
− OpEx
−$31.1K −$4.39/SF
NOI
$93.3K $13.18/SF
Area
Polk County, IA
Vacancy
20.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,865,200
Cap Rate 7%
$1,332,286
Cap Rate 9%
$1,036,222
Alternative Uses
Best Use
Office B
$1.33M
$1.17M – $1.55M
NOI $93,260 @ 7.0% cap · market cap 7.31%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$6.81M
$5.96M – $7.95M
NOI $476,944 @ 7.0% cap · market cap 37.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,029
Businesses Nearby
Explore this area
Business Placement
Demographics for 50323, IA
16,616
Population
5,965
Households
2.8
Avg Household Size
37
Median Age
67%
College-Educated
98%
High-School Grad
10.1 sq mi
ZIP Area
1,645
Density / Sq Mi
$173,659
Median Household Income
$83,776
Median Earnings
$1,479
Median Rent
$456,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Located near Meredith and NW 128th Street in Urbandale.
Where is this office building located?
The property is located at 4440-4456 128th St Urbandale, IA.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 7,078 square feet of office space; Owner‑user office property offered for sale; Located at 4440‑4456 128th St, Urbandale, IA 50323
