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    4630 86 St Urbandale, IA 50322

    Sponsored
    For Lease
    $18 SF/Yr

    Prime Polk County retail space, two units available.

    Lot size:
    17,802 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Oakwood Plaza presents a compelling investment opportunity in a thriving Polk County location. This single-story, 17,802 square foot retail strip center, built in 2000, sits on a 3.024-acre lot and is zoned C-N Neighborhood Convenience District. Currently, two spaces are available for lease: a 980 square foot retail/office space and a larger 1,904 square foot restaurant space. The center enjoys high visibility on a major thoroughfare in Urbandale, offering excellent access and exposure to a substantial customer base. Its strategic location near the intersection of NW 86th Street and Meredith Drive provides convenient proximity to I-35/I-80, ensuring strong traffic flow. Adding to its appeal, the property benefits from its adjacency to a Walgreens and is further enhanced by the development of 60 residential lots directly west of the shopping center, promising increased foot traffic and potential customer growth. Existing co-tenants include Edward Jones, Advanced Eye Care, and Friedrich's Coffee, creating a well-established and diverse tenant mix. This property offers a rare chance to acquire a well-positioned retail space in a rapidly growing area.

    Property Features for 4630 86 St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,802 SF
    Total Rate
    26703

    Building Details

    Year Built
    2000
    Stories
    1

    Unit(s) available at that property

    Space
    4640
    Size
    1,904 SF
    Rate per SF
    $20
    Space
    4656
    Size
    980 SF
    Rate per SF
    $18

    HighLights

    • 17,802 SF retail strip center on 3.024 acres in Polk County.
    • Two available spaces: 980 SF and 1,904 SF.
    • High visibility on NW 86th St & Meredith Dr, near I‑35/I‑80 in Urbandale.
    • Strong co‑tenancy including Walgreens, Edward Jones, Advanced Eye Care, and Friedrich's Coffee.
    • Adjacent to a new 60‑lot residential development.
    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
    -93.7365513
    Latitude
    41.6445741

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    FAQs

    What type of property is this?
    Restaurant - Prime Polk County retail space, two units available.
    Where is this restaurant located?
    The property is located at 4630 86 St Urbandale, IA.
    What is the lease rate?
    The lease rate is $18-$20 SF/Yr.
    What are key features of this property?
    This property features: 17,802 SF retail strip center on 3.024 acres in Polk County.; Two available spaces: 980 SF and 1,904 SF.; High visibility on NW 86th St & Meredith Dr, near I-35/I-80 in Urbandale.
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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
    4630 86 St Urbandale, IA 50322
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