Concrete Tilt-Up Flex
For Sale
$3,895,000
4451 112th St, Urbandale, IA 50322
Concrete tilt-up construction combines warehouse capacity with showroom and office areas.
Property Size47,840 SF
Price / SF$81.42
Days on Market112
Property Features for 4451 112th St
General Information
Standard status
Active
Size
47,840 SF
Property subtype
Industrial
Warehouse & Industrial
Clear Height
22 ft
Office Build-Out
9,300 SF
Dock-High Doors
4
Drive-In Doors
2
Additional Details
Highway Access
Yes
Building Details
Building Size
47,840 SF
Year Built
1995
Construction
tilt-up concrete
Listing Agency:
Ferguson Commercial Real Estate Services
Listed By:
Nathan Petsche · License #S70663000
(515) 867-4964
Source:
Fergusoncres
Added: Jun 25
Changed: Sep 13
Last Checked: Oct 12 at 5:38PM
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 Ferguson Commercial Real Estate Services
Investment Insights
Based on property information with market context.
Built in 1995, this 47,840-square-foot flex property features concrete tilt-up construction and a warehouse-oriented layout. Approximately 9,300 square feet is configured for showroom and office functions, while 22-foot ceiling heights support industrial operations. The building includes four dock doors and two drive-in doors.
The property is located at 4451 112th St in Urbandale, Iowa, with immediate access to major interstate routes. Its combination of warehouse space, customer-facing areas, and multiple loading options accommodates a range of flex and industrial uses.
The property is located at 4451 112th St in Urbandale, Iowa, with immediate access to major interstate routes. Its combination of warehouse space, customer-facing areas, and multiple loading options accommodates a range of flex and industrial uses.
Key Highlights
- 47,840‑square‑foot concrete tilt‑up flex building
- Approximately 9,300 square feet of showroom and office space
- 22‑foot ceiling heights
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$196,158
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,923,160
$3.9M
Cap Rate 7%
$2,802,257
$2.8M
Cap Rate 9%
$2,179,533
$2.2M
Market Conditions
NOI Build-Up for 47,840 SF
Gross rent
$304.3K $6.36/SF
− Vacancy
−$24.0K −$0.50/SF
EGI
$280.2K $5.86/SF
− OpEx
−$84.1K −$1.76/SF
NOI
$196.2K $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%
$3,923,160
Cap Rate 7%
$2,802,257
Cap Rate 9%
$2,179,533
Alternative Uses
Best Use
Flex RnD
$46.05M
$40.30M – $53.73M
NOI $3,223,653 @ 7.0% cap · market cap 82.76%
Second Best
Warehouse
$38.52M
$33.71M – $44.94M
NOI $2,696,511 @ 7.0% cap · market cap 69.23%
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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Current Use
Lease Details
22 ft
Clear height
4
Dock-high doors
2
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
611
Businesses Nearby
Well-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
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Market
Vacancy Rate% for Office in Midwest region
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Flex space - Concrete tilt-up construction combines warehouse capacity with showroom and office areas.
Where is this flex space located?
The property is located at 4451 112th St Urbandale, IA.
What is the asking price?
The asking price for this property is $3,895,000.
What are key features of this property?
This property features: 47,840‑square‑foot concrete tilt‑up flex building; Approximately 9,300 square feet of showroom and office space; 22‑foot ceiling heights
