12408 Meredith Dr Urbandale, IA 50322
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.