Financial
Distress signals
Property profile

6400 Douglas Ave Urbandale, IA 50322

FOR SALE
Retail properties & Spaces
Property ID
US25-0273851
1,850 SF 0.36 ac lot Built 1983
Last sale Dec 2021 · $112,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$4k
Tax billed · 2020
Assessed value · 2023$321k
Assessed land$182k
Assessed improvement$139k
Effective rate1.37%

Value estimate

· Sep 2026
$105k
$95k – $116k
AI approach$120k
NOI build-up
Gross scheduled income$27k
Vacancy & credit loss−$2k
Operating expenses−$7k
NOI · 3.41% cap applied$17k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$80/SF
Submarket average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$44 – $109

Cap rate analysis

How does the asset earn?
3.41%
$17k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-N
DISTRICT. § 160.10 “R-3” LOW DENSITY MULTI-FAMILY DISTRICT. § 160.11 “R-4” MEDIUM DENSITY MULTI-FAMILY DISTRICT. § 160.12 “O-R” TRANSITIO...
General categoryCOMMERCIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm20.1
Realty agency20.1
HVAC Service11.8

Location

6400 Douglas Ave Urbandale, IA 50322
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3255 99th, Urbandale, IA 50322-3861 $580,000 Oct 2024 2,016 SF
3935 Urbandale, Urbandale, IA 50322-7930 $650,000 Jun 2023 3,068 SF
7425 Douglas, Urbandale, IA 50322-3013 $265,000 Apr 2022 3,004 SF
3805 69th, Urbandale, IA 50322-3325 $86,000 Sep 2021 1,316 SF
6656 Douglas, Urbandale, IA 50322-3314 $315,000 May 2021 3,200 SF
6823 Douglas, Urbandale, IA 50322 $695,000 Mar 2021 3,488 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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