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    15503 Meredith Dr Urbandale, IA 50323

    Sponsored
    For Sale
    $1,600,830

    Prime Urbandale location, high traffic, development ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.45-acre commercial land parcel presents a remarkable investment opportunity in Urbandale, Iowa. Situated at 15503 Meredith Drive, this rectangular corner lot enjoys unparalleled visibility and accessibility at the northeast corner of Meredith Drive and 156th Street. Its strategic location offers immediate proximity to a thriving retail environment, including a Hy-Vee Fast N Fresh, Kum N Go, Clean Works Car Wash, Mavon Salon Studios, Coco Nails & Spa, and The Dental Loft. The property's PUD zoning allows for a variety of development possibilities, catering to diverse commercial ventures. High traffic counts further enhance its appeal, with Meredith Drive boasting 4,528 vehicles per day and NW 165th recording 4,500 VPD. The lot's advantageous position ensures significant exposure to a substantial daily traffic flow. Note that stormwater detention is situated on an adjacent lot. The asking price for this exceptional property is $1,600,830. This presents a unique chance to acquire a highly desirable commercial land parcel in a rapidly growing area of Urbandale, within Dallas County, Iowa, zip code 50323. The property's size and location make it ideal for a variety of commercial developments.

    Property Features for 15503 Meredith Dr

    General Information

    Property type
    Land
    Lot Size
    106,722 SF

    HighLights

    • 2.45‑acre commercial land parcel in Urbandale, IA.
    • Located at the high‑visibility corner of Meredith Drive and 156th Street.
    • Surrounded by strong retail anchors including Hy‑Vee, Kum & Go, and others.
    • PUD zoning allows for diverse commercial development.
    • High traffic counts (Meredith Drive: 4,528 VPD; NW 165th: 4,500 VPD).
    • Asking price: $1,600,830.
    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
    Dallas
    State
    Iowa
    Longitude
    -93.8320582
    Latitude
    41.6441687

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    FAQs

    What type of property is this?
    Land - Prime Urbandale location, high traffic, development ready.
    Where is this land located?
    The property is located at 15503 Meredith Dr Urbandale, IA.
    What is the asking price?
    The asking price for this property is $1,600,830.
    What are key features of this property?
    This property features: 2.45-acre commercial land parcel in Urbandale, IA.; Located at the high-visibility corner of Meredith Drive and 156th Street.; Surrounded by strong retail anchors including Hy-Vee, Kum & Go, and others.
    Request Owner's contact information
    15503 Meredith Dr Urbandale, IA 50323
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    Urbandale, IA 50323
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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
    15503 Meredith Dr Urbandale, IA 50323
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