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    11303 Aurora Ave Urbandale, IA 50322-7908
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    Property profile & analytics

    11303 Aurora Ave Urbandale, IA 50322-7908


    • Commercial real estate
    • 42,128 SF
    • 5.62 lot acres
    Off-Market
    Property ID
    US25-0315938
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $5,575,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 11303 Aurora Ave

    Year built
    1986
    Construction
    STEEL FRAME
    Lot size
    5.62 lot acres
    Property size
    42,128 SF
    Zone code
    M-2
    Property type
    Commercial real estate
    APN
    312/00302-501-000
    APU
    31200302501000

    Description

    This exceptional Class A flex space, located in the desirable Aurora Business Park in Urbandale, Iowa, offers a prime opportunity for businesses seeking versatile industrial space. Building 8 boasts a total of 10,808 square feet, with individual units ranging from a minimum of 2,030 square feet to a maximum contiguous space of 4,494 square feet. Built in 1986, the building features 14-foot ceilings, providing ample vertical space for storage or operations. The property is ideally situated in Polk County, at 11303 NW Aurora Ave, Urbandale, IA 50322, offering easy access to major transportation arteries, including I-80/I-35, downtown Des Moines, and the airport. Aurora Business Park provides a wealth of amenities, enhancing the work environment and employee experience. These include a wellness center, a conference center, professional on-site property management, walking/jogging trails, outdoor seating areas, and ample free parking. The building's location, combined with its modern features and convenient access to amenities, makes it an attractive option for a variety of businesses. This multiple-tenancy building offers a flexible and functional space, perfect for companies seeking a blend of office and warehouse capabilities within a thriving business park setting. Contact us today to learn more about leasing opportunities.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $7,190,000
      6.5%
      $6,635,000
      7%
      $6,160,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,622,000
      Market price range: $3.04M - $5.41M
      AI Estimate
      $5,463,000
      Market price range: $1.44M - $7.93M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $3,820,000
      Current use
      AUTO REPAIR, GARAGE
      $7,255,000
      Change: +90% Conversion: Difficult
      MEDICAL BUILDING
      $7,010,000
      Change: +83% Conversion: Easy
      RESTAURANT
      $6,500,000
      Change: +70% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $6,205,000
      Change: +62% Conversion: Moderate
      RETAIL STORES
      $4,895,000
      Change: +28% Conversion: Easy
      WAREHOUSE, STORAGE
      $3,870,000
      Change: +1% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $3,370,000
      Change: -12% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Urbandale
    County
    Polk
    State
    Iowa
    Longitude
    -93.774
    Latitude
    41.639
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $126,444
    $979,000
    $4,371,000
    $5,350,000
    -
    $979,000
    $4,371,000
    $5,350,000
    More about this property
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