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Property profile & analytics
OFF-MARKET
Day care centers

156th St & Meredith Dr Urbandale, IA 50323

1.18 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.18 to 4.48-acre parcel in Urbandale, Iowa, presents a unique investment opportunity. Located at the intersection of 156th Street and Meredith Drive, this undeveloped land is ideally situated within a rapidly expanding residential area. The property is zoned to accommodate a variety of commercial uses, including bank, daycare, and shopping center developments. This Class A land offers build-to-suit options or outright lot sales, catering to diverse development needs. The strategic location provides excellent visibility and accessibility, with Meredith Drive offering four lanes of traffic connecting to Interstate 80/35, ensuring convenient access for customers and employees. The recent construction of a new interchange at Interstate 35/80 and Meredith Drive further enhances connectivity. The property's proximity to established developments, such as the under-construction Everbrook Academy at 152nd Street & Meredith Drive and recently completed Caliber townhomes, underscores the area's growth trajectory. Furthermore, its adjacency to Walnut Creek Regional Park provides a desirable amenity for residents and businesses alike. The property's APN is 1224101002. This is a rare chance to acquire land in a thriving Iowa community with significant potential for future growth and return on investment. The property is for sale by owner.

Property profile
Verified
Property type Day care centers
Lot 1.18 ac (51,401 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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