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Property profile & analytics
OFF-MARKET
Land

12408 Meredith Dr Urbandale, IA 50322

6.35 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 6.35-acre commercial development site presents a unique investment opportunity in Urbandale, Iowa. Strategically located just off the I-80/35 interchange, this property boasts unparalleled accessibility and visibility. Zoned PUD (Planned Unit Development), with recent zoning amendments, this parcel is ideal for a variety of commercial uses, including retail, office, and flex space. All utilities are readily available on-site, simplifying development plans. The zoning allows for building heights up to 26 feet in the office/flex area. A significant advantage is the availability of a 90% tax abatement, making this an even more attractive proposition for developers. The land is priced at $7.75 per square foot, offering a compelling value proposition given its location, zoning, and potential. This prime Urbandale location offers easy access to a thriving community and a strong regional economy, making it an excellent choice for businesses seeking a high-profile presence. The property's size and zoning flexibility allow for a wide range of development possibilities, catering to diverse commercial needs. Don't miss this chance to acquire a premier development site in a rapidly growing area. The address is 12408 Meredith Dr, Urbandale, IA 50322, in Polk County.

Property profile
Verified
Property type Land
Lot 6.35 ac (276,606 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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