Technical
Financial
Distress signals
Property profile

11801 Hickman Rd Urbandale, IA 50323

OFF-MARKET
Retail space
Property ID
US25-0514909
30,174 SF 3.5 ac lot Built 2019
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2019
Construction STEEL FRAME
Total area 30,174 SF
Lot 3.5 ac (152,634 SF)
Zoning code PUD
APN 312/01034-713-000
UPID US25-0514909

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Carpet & Flooring Store Hardware & Home Improvement
  • Gym & Fitness Center Alternative Medicine Practice

Location

11801 Hickman Rd Urbandale, IA 50323-1834
Urbandale metro Census 11304 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.51M
Comparable Approach Comparable
$5.60M
Blend (final) Blend
$4.69M

Owner & transaction history

since 2024
3 recorded transactions
2024
Price N/A
2019
$1.2M
1969
Price N/A

Zoning & alternative use

PUD · Urbandale, IA
Zoning description

T. § 160.21 “FW” FLOODWAY (OVERLAY) DISTRICT. § 160.22 “FF” FLOODWAY FRINGE (OVERLAY) DISTRICT. § 160.22.1 “GF” GENERAL FLOODPLAIN (OVERLAY) DISTRICT. § 160.23 ADMINISTRATION OF FLOODPLAIN MANAGEMENT DISTRICT. § 160.24 “…

General category PLANNED_DEVELOPMENT
Top alternative use upside
Auto repair, garage $5.2M +48.3%
Medical building $5.0M +43.3%
Restaurant $4.7M +32.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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