4020 121St St Urbandale, IA 50323
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.