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    9460 Plum Dr Urbandale, IA 50322

    Sponsored
    For Sale
    $965,071

    Prime 4.22-acre commercial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.22-acre commercial land parcel, located at 9460 Plum Dr in Urbandale, Iowa, presents a unique investment opportunity. Zoned CO - Office/Service, this property offers 184,223 square feet of developable land, priced at $5.25 per square foot. The site boasts immediate access to I-35/I-80 at the intersection of 86th Street and 100th Street, ensuring high visibility and convenient access for businesses. Certain lots within the Landmark Office Park offer excellent interstate visibility. The property is enhanced by attractive green spaces and a green belt connection, creating a pleasant and appealing environment. A significant incentive is available: the City of Urbandale is currently offering a 90% tax abatement over 10 years for the construction of a Class A office building (city approval required). This, combined with Urbandale's notably low city tax rate (lowest for any Iowa city over 15,000 residents, according to Iowa Department of Management data), makes this a compelling investment prospect. The property is situated in Polk County, Iowa, zip code 50322.

    Property Features for 9460 Plum Dr

    General Information

    Property type
    Land
    Lot Size
    183,823 SF

    HighLights

    • $965,071 asking price for 4.22 acres of commercial land zoned CO (Office/Service).
    • Located at 9460 Plum Dr, Urbandale, IA 50322, offering immediate I‑35/I‑80 access.
    • Interstate visibility available for select lots.
    • Attractive green space and green belt access.
    • Urbandale offers a 90% tax abatement over 10 years for Class A office buildings (city approval required).
    • Urbandale boasts the lowest city tax rate in Iowa for cities over 15,000 residents.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -93.7504217
    Latitude
    41.648173

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    FAQs

    What type of property is this?
    Land - Prime 4.22-acre commercial lot.
    Where is this land located?
    The property is located at 9460 Plum Dr Urbandale, IA.
    What is the asking price?
    The asking price for this property is $965,071.
    What are key features of this property?
    This property features: $965,071 asking price for 4.22 acres of commercial land zoned CO (Office/Service).; Located at 9460 Plum Dr, Urbandale, IA 50322, offering immediate I-35/I-80 access.; Interstate visibility available for select lots.
    Request Owner's contact information
    9460 Plum Dr Urbandale, IA 50322
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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
    9460 Plum Dr Urbandale, IA 50322
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