Property profile

2540 104 St Urbandale, IA 50322

FOR LEASE
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Property ID
US25-0022733
18,200 SF 2.02 ac Built 2020
Last sale Sep 2004·$1,345,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$44k
Tax billed · 2020
Assessed value · 2023$1.83M
Assessed land$465k
Assessed improvement$1.37M
Effective rate2.39%

Value estimate

· Nov 2026
$785k
$707k – $864k
Submarket $/SF estimate$573k
NOI build-up
Gross scheduled income$315k
Vacancy & credit loss−$27k
Operating expenses−$87k
NOI · 1,553,469.23% cap applied$202k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$80/SF
Submarket average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$53 – $117
Qualifying comparables8

Cap rate analysis

How does the asset earn?
1,553,469.23%
$202k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PUD
T. § 160.21 “FW” FLOODWAY (OVERLAY) DISTRICT. § 160.22 “FF” FLOODWAY FRINGE (OVERLAY) DISTRICT. § 160.22.1 “GF” GENERAL FLOODPLAIN (OVERL...
General categoryPLANNED_DEVELOPMENT
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.3
Dental Office10.1
Veterinary Clinic9.0

Location

2540 104 St Urbandale, IA 50322
County assessor Recorded deeds · 5 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3816 100th, Urbandale, IA 50322-2048 $2,155,000 Feb 2024 20,131 SF
5800 Franklin, Des Moines, IA 50322-6132 $1,090,000 Dec 2022 8,453 SF
3892 Urbandale, Urbandale, IA 50322-7926 $1,450,000 Sep 2022 19,468 SF
4630 86th, Urbandale, IA 50322 $2,800,000 Aug 2022 17,802 SF
11101 Plum, Urbandale, IA 50322-6333 $3,515,000 Jan 2022 23,390 SF
7020 Douglas, Urbandale, IA 50322-3261 $1,365,000 Oct 2020 12,864 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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