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    4020 121 St Urbandale, IA 50323

    For Sale
    $4,950,000

    Prime IA Flex Space, Gym Included

    Property size:
    20,856 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A, 20,856 square foot flex space in Urbandale, Iowa, presents a unique investment opportunity. Built in 2017, this single-story building sits on a 3.99-acre lot and features one loading dock. The property boasts spacious, well-designed office areas with private meeting rooms and abundant natural light, complemented by a full-size gym suitable for basketball. High-speed internet access is available. The flexible layout caters to diverse business needs, allowing for expansion, client hosting, or wellness program integration. Ample on-site parking ensures convenience for employees and clients. Its strategic Urbandale location provides easy access to amenities and major highways. The gross lease structure simplifies operations. This single-tenancy property is priced at $4,950,000 and is ideal for corporate headquarters, wellness businesses, or companies seeking versatile office and recreational space. The property's combination of office functionality and a dedicated gym makes it a highly desirable location. Don't miss this chance to acquire a prime flex space in a high-demand area.

    Property Features for 4020 121 St

    General Information

    Property type
    Flex space
    Square Feet
    20,856 SF
    Class
    A
    Lot Size
    173,804 SF

    Building Details

    Year Built
    2017
    Buildings
    1
    Stories
    1

    HighLights

    • $4,950,000 asking price for this Class A industrial flex space.
    • 20,856 square feet on a 3.99‑acre lot in Urbandale, IA.
    • Single‑tenant, gross lease, built in 2017 with one story and one loading dock.
    • Features office space, a full‑size gym, and ample parking.
    • Excellent location with easy highway access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    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
    -93.7840264
    Latitude
    41.6339902

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    FAQs

    What type of property is this?
    Flex space - Prime IA Flex Space, Gym Included
    Where is this flex space located?
    The property is located at 4020 121 St Urbandale, IA.
    What is the asking price?
    The asking price for this property is $4,950,000.
    What are key features of this property?
    This property features: $4,950,000 asking price for this Class A industrial flex space.; 20,856 square feet on a 3.99-acre lot in Urbandale, IA.; Single-tenant, gross lease, built in 2017 with one story and one loading dock.
    Request Owner's contact information
    4020 121 St 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
    4020 121 St Urbandale, IA 50323
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