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Property profile & analytics
OFF-MARKET
Land

15503 Meredith Dr Urbandale, IA 50323

2.45 ac lot
Property ID
US25-1909150
Property summary
AI-generated overview

This exceptional 2.45-acre commercial land parcel presents a remarkable investment opportunity in Urbandale, Iowa. Situated at 15503 Meredith Drive, this rectangular corner lot enjoys unparalleled visibility and accessibility at the northeast corner of Meredith Drive and 156th Street. Its strategic location offers immediate proximity to a thriving retail environment, including a Hy-Vee Fast N Fresh, Kum N Go, Clean Works Car Wash, Mavon Salon Studios, Coco Nails & Spa, and The Dental Loft. The property's PUD zoning allows for a variety of development possibilities, catering to diverse commercial ventures. High traffic counts further enhance its appeal, with Meredith Drive boasting 4,528 vehicles per day and NW 165th recording 4,500 VPD. The lot's advantageous position ensures significant exposure to a substantial daily traffic flow. Note that stormwater detention is situated on an adjacent lot. The asking price for this exceptional property is $1,600,830. This presents a unique chance to acquire a highly desirable commercial land parcel in a rapidly growing area of Urbandale, within Dallas County, Iowa, zip code 50323. The property's size and location make it ideal for a variety of commercial developments.

Property profile
Verified
Property type Land
Lot 2.45 ac (106,722 SF)
UPID US25-1909150
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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