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Property profile & analytics
OFF-MARKET
Office Spaces

4020 121St St Urbandale, IA 50323

20,856 SF 3.99 ac lot Built 2017
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 4020 121st Street in Urbandale, Iowa, offers 20,856 square feet of versatile office space situated on a generous 3.99-acre lot. The building boasts multiple offices, providing ample room for a variety of business configurations. Convenient amenities include dedicated men's and women's restrooms, a comfortable break room for employees, and a dock door for efficient loading and unloading of deliveries. Multiple entry points offer flexibility for customizing the layout to suit diverse operational needs. The property presents a unique opportunity for a buyer interested in a substantial office space with significant expansion potential. A notable feature is the inclusion of an Iowa Hawkeye basketball court, which is negotiable as part of the purchase agreement. This adds a distinctive element to the property, potentially appealing to a wide range of buyers. The asking price for this prime commercial real estate is $4,950,000. This represents a significant investment opportunity in a desirable Urbandale location. The property's size, amenities, and unique features make it an attractive prospect for businesses seeking a substantial and adaptable workspace. Serious inquiries are encouraged.

Property profile
Verified
Property type Office Spaces
Year built 2017
Total area 20,856 SF
Lot 3.99 ac (173,804 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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