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    12000 Ridgemont Dr Urbandale, IA 50323
    Property profile & analytics

    12000 Ridgemont Dr Urbandale, IA 50323


    • Investment properties
    • 75,000 SF
    • 9.18 lot acres
    Updated Office Space For Rent For Lease
    $9,580,000

    Updated Office Space For Rent

    Recently updated office space available for rent, can be subdivided.

    12000 - 12012 Ridgemont Dr, Urbandale, IA 50323
    View Listing
    Property ID
    US25-0399059
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 12000 Ridgemont Dr

    Year built
    2004
    Construction
    STEEL FRAME
    Lot size
    9.18 lot acres
    Property size
    75,000 SF
    Zone code
    PUD
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    312/00678-032-003
    APU
    31200678032003

    Description

    This exceptional executive office building, located at 12000-12012 Ridgemont Drive in Urbandale, Iowa, offers a prime opportunity for businesses seeking flexible and modern workspace. Built in 2004, the property boasts a total of 75,000 square feet, with 24,030 square feet currently available for lease. The space is divisible into units as small as 6,000 square feet, providing flexibility for businesses of various sizes. The building features a fully functional wet sprinkler system, ensuring a safe and secure environment. Its convenient location offers easy access to Interstate 80/35, providing excellent connectivity for employees and clients. Ample parking is available on-site, eliminating the hassle of finding parking in a busy urban area. The property is situated in Polk County, Iowa, with a zip code of 50323. This recently updated office space presents a unique opportunity to establish a thriving business in a highly desirable location. The available space is ideal for a single tenant seeking a large contiguous space or multiple tenants requiring smaller, divisible units. The building's modern design and convenient amenities make it an attractive option for businesses seeking a professional and efficient workspace. Contact us today to learn more about leasing opportunities.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $12,795,000
      6.5%
      $11,815,000
      7%
      $10,970,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $7,437,000
      Market price range: $4.62M - $12.2M
      AI Estimate
      $9,487,000
      Market price range: $2.80M - $22.5M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $7,700,000
      Current use
      AUTO REPAIR, GARAGE
      $12,915,000
      Change: +68% Conversion: Difficult
      MEDICAL BUILDING
      $12,480,000
      Change: +62% Conversion: Easy
      RESTAURANT
      $11,575,000
      Change: +50% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $11,045,000
      Change: +43% Conversion: Moderate
      RETAIL STORES
      $8,710,000
      Change: +13% Conversion: Easy
      WAREHOUSE, STORAGE
      $6,895,000
      Change: -11% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Urbandale
    County
    Polk
    State
    Iowa
    Longitude
    -93.7787
    Latitude
    41.6331
    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
    $211,606
    $1,690,000
    $5,730,000
    $7,420,000
    -
    $1,690,000
    $5,730,000
    $7,420,000
    View Listing
    More about this property
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