Technical
Financial
Distress signals
Property profile

2535 106th St Urbandale, IA 50322

OFF-MARKET
Investment properties
Property ID
US25-0459319
6,000 SF 1.01 ac lot Built 1996
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1996
Construction FRAME
Total area 6,000 SF
Lot 1.01 ac (43,996 SF)
Zoning code PUD
APN 312/03260-410-002
UPID US25-0459319

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
  • Medical Supply Store
  • Life Coach Psychic
  • Alternative Medicine Practice Spa & Massage Center
  • Alternative Medicine Practice Spa & Massage Center
  • Consultant Health Consultant

Location

2535 106th St Urbandale, IA 50322-3766
Urbandale metro Census 10406 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$720k
CAP Approach CAP
$945k
Comparable Approach Comparable
$736k
Blend (final) Blend
$780k

Owner & transaction history

since 2021
Last sale
$785,000
3 recorded transactions
2021
Price N/A
2021
$785,000
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 $1.0M +89.8%
Medical building $1.0M +83.4%
Restaurant $925,000 +70.1%

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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