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    9311 Plum Dr Urbandale, IA 50322

    Sponsored
    For Sale
    $2,614,000

    Prime 10-acre commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10-acre parcel of commercial land is strategically located in Urbandale, Iowa, at 9311 Plum Dr, 50322. Zoned C-O (office/service district), this property offers significant development potential. Its prime location just off I-80/35 provides excellent visibility and accessibility, situated between 100th Street and 86th Street within the Urban Loop. The area boasts numerous amenities including hotels, retail, and office spaces, ensuring high traffic and visibility for any future development. High traffic counts are a key feature, with 24,000 vehicles per day (VPD) on Plum Drive and 86th Street, and significantly higher counts at nearby I-35 intersections. The asking price is $2,614,000, translating to $6.00 per square foot. This represents a compelling investment opportunity in a thriving and affluent community. A drone video showcasing the property is available online. This property is perfect for developers seeking a high-impact location in a rapidly growing area. The property's size and zoning make it suitable for a wide range of commercial developments.

    Property Features for 9311 Plum Dr

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • 10‑acre commercial land parcel in Urbandale, IA.
    • $2,614,000 asking price; $6.00 per square foot.
    • C‑O (Office/Service) zoning.
    • High visibility location south of I‑80/35, between 100th and 86th Streets.
    • High traffic counts: 24,000 VPD on Plum Drive & 86th Street; significantly higher counts at nearby I‑35 intersections.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Urbandale
    County
    Polk
    State
    Iowa
    Longitude
    -93.747217
    Latitude
    41.649989

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    FAQs

    What type of property is this?
    Land - Prime 10-acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at 9311 Plum Dr Urbandale, IA.
    What is the asking price?
    The asking price for this property is $2,614,000.
    What are key features of this property?
    This property features: 10-acre commercial land parcel in Urbandale, IA.; $2,614,000 asking price; $6.00 per square foot.; C-O (Office/Service) zoning.
    (515) 415-6103
    Request Owner's contact information
    9311 Plum Dr Urbandale, IA 50322
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    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
    9311 Plum Dr Urbandale, IA 50322
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