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Property profile & analytics
OFF-MARKET Estimated value $710,000
Strip malls

11895 Hickman Rd Urbandale, IA 50323-1821

7,952 SF 1.19 ac lot Built 2016
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0702808
Property summary
AI-generated overview

This exceptional retail opportunity is located at 11895 Hickman Road in Urbandale, Iowa, 50323, offering 1,488 square feet of immediately available space within a larger 15,127 square foot building. Situated on a high-traffic corridor with excellent visibility from Frontage Road, this property ensures maximum exposure for your business. The space is part of a multi-tenant building, providing a vibrant and bustling environment. The minimum divisible space is 1,488 square feet, ideal for a variety of retail uses. This location in Urbandale, Iowa offers a strong customer base and convenient access for patrons. The property's address is easily accessible and highly visible, making it an attractive location for businesses seeking to establish a strong presence in the area. The total building size is 15,127 square feet, indicating a substantial and well-established retail center. This is a rare opportunity to secure a prime retail space in a thriving Urbandale location. Don't miss out on this chance to boost your business's visibility and success. Contact us today to schedule a viewing.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2016
Construction STEEL FRAME
Total area 7,952 SF
Lot 1.19 ac (51,924 SF)
Zoning code PUD
APN 312/01034-706-000
UPID US25-0702808
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
by Request
Comparable Approach Comparable
$927k
Blend (final) Blend
$710k
Owner & transaction history
Harold Dean LLC · 11 yrs held
Harold Dean LLC
since 2015
2 recorded transactions
2016
Price N/A
2015
$1.6M
Zoning & alternative use
PUD · Urbandale, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 “P.U.D.” PLANNED UNIT DEVELOPMENT DISTRICT. § 160.25 GENERAL REGULATIONS FOR LAND AND STRUCTURES. § 160.26 GENERAL USE RESTRICTIONS AND RULES…

Zone name Planned Unit Development
General category PLANNED_DEVELOPMENT
Zone area 3,693.79 ac
Source CHAPTER 160: ZONING
Top alternative use upside
Apartment house (5+ units) $1.2M +84.1%
Retail stores $925,000 +45.2%
Commercial (general) $815,000 +28.4%
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