Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4550 114 St Urbandale, IA 50322

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $9 SF/Yr

    Class A Flex Space in Urbandale, IA

    Lot size:
    46,946 SF

    Property Features for 4550 114 St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    46,946 SF
    Class
    A
    Total Rate
    36344.03

    Building Details

    Year Built
    1992
    Buildings
    14

    Spaces For Lease

    at 4550 114 St, Urbandale, IA 50322 Contact us
    Unit Available Space 01

    $9 /Mo

    Size
    3,288 SF
    Contact us
    Unit Available Space 2

    $9 /Mo

    Size
    7,376 SF
    Contact us

    We can help!

    Listing Contact
    Adam Kaduce
    Adam Kaduce

    Listing Agency: R&R Realty Group Omaha Listing Agent: Adam Kaduce

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional Class A flex space, located at 4550 NW 114th Street in Urbandale, Iowa, offers a prime opportunity for businesses seeking versatile industrial space. Part of the Aurora Business Park, this property boasts a total of 46,946 square feet across fourteen buildings, with 3,299 square feet currently vacant. The available spaces range from 2,184 to 7,376 square feet, providing flexibility for various business needs. Built in 1992, the building features a desirable 12-foot ceiling height, ideal for storage and various industrial applications. Situated in Polk County, this location provides excellent interstate visibility and convenient access to major transportation arteries, including I-80/I-35, Douglas Ave, and Meredith Drive. The property benefits from its proximity to downtown Des Moines and the airport. Aurora Business Park offers a range of amenities, enhancing the work environment. These include a wellness center, conference center, professional on-site property management, walking/jogging trails, outdoor seating, and ample free parking. This is a rare opportunity to secure high-quality flex space in a thriving business park with exceptional accessibility and amenities. The property's location and features make it an ideal choice for businesses seeking a productive and convenient workspace. The multiple tenancy structure allows for flexibility in lease terms and space requirements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Urbandale
    County
    Polk
    State
    Iowa
    Longitude
    -93.7756774
    Latitude
    41.6412969

    Nearby Similar for Lease

    • $10 SF/Yr
      2,400 SF

      Retail Space in Urbandale Center

      Retail space available in established Urbandale business community.
      3890-3916 NW Urbandale Dr, Urbandale, IA 50322
      View Details
    • $12 SF/Yr
      1,000 SF

      Retail Space in Urbandale Corridor

      Retail spaces available in high-traffic Urbandale location.
      8000-8056 Douglas Ave, Urbandale, IA 50322
      View Details
    • $12 SF/Yr
      1,388 SF

      Retail Space in Urbandale Center

      Retail spaces available in high-traffic Urbandale location.
      8104-8128 Douglas Ave, Urbandale, IA 50322
      View Details
    • $33 SF/Yr
      6,000 SF

      Prime Polk County Retail Center

      6,000 SF Retail Space Available
      0 156Th Ct, Urbandale, IA 50323
      View Details
    • Contact for pricing
      15,529 SF

      Urbandale Retail Space Available

      High-visibility storefront, ample parking, flexible layout.
      4651 86 St, Urbandale, IA 50322
      View Details
    • $9 SF/Yr
      20,808 SF

      Urbandale Office Space for Lease

      Prime Urbandale office space, multiple suites available.
      11304 Aurora Ave, Urbandale, IA 50322
      View Details
    • $9 SF/Yr
      47,710 SF

      Urbandale Flex Space: Aurora 10

      Class A Flex Space in Urbandale, IA
      11338 Aurora Ave, Urbandale, IA 50322
      View Details
    • $28 SF/Yr
      9,908 SF

      Urbandale Retail Space Available

      Modern Retail/Office Space in Urbandale, IA
      10100 Plum Dr, Urbandale, IA 50322
      View Details
    • $8 SF/Yr
      57,546 SF

      Urbandale Retail Center Investment Opportunity

      High-traffic Urbandale retail space available.
      8401 Hickman Rd, Urbandale, IA 50322
      View Details
    • $5 SF/Yr
      116,000 SF

      Urbandale Warehouse Space Available

      Modern warehouse, prime location, 116,000 sq ft.
      4467 121 St, Urbandale, IA 50323
      View Details
    • $6 SF/Yr
      47,840 SF

      Urbandale Warehouse: 47,840 SF

      Spacious Iowa warehouse, ideal for lease.
      4451 112Th St, Urbandale, IA 50322
      View Details
    • $9 SF/Yr
      47,126 SF

      Aurora Business Park Flex Space

      Urbandale, IA: Class A Flex Space Available
      4350 114 St, Urbandale, IA 50322
      View Details

    FAQs

    What type of property is this?
    Flex space - Class A Flex Space in Urbandale, IA
    Where is this flex space located?
    The property is located at 4550 114 St Urbandale, IA.
    What is the lease rate?
    The lease rate is $9-$9 SF/Yr.
    What are key features of this property?
    This property features: Individual building entrances.; Monument signage available on building and Interstate.; Ample free parking.
    Request Owner's contact information
    4550 114 St Urbandale, IA 50322
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4550 114 St
    Urbandale, IA 50322
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    4550 114 St Urbandale, IA 50322
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Adam Kaduce
    Adam Kaduce
    Real Estate License ID: S60643000
    Learn more
    Google sign-in failed. Please try again or use another login method.