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2931 100 St Urbandale, IA 50322

Commercial real estate Google Maps
2,173 SF 0.62 ac lot
Entity Owned 27-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$275k
Range $248k – $303k (±10%)
Property ID US25-0306901

Property summary

AI-generated overview

This exceptional 1.19-acre commercial land parcel, strategically located in Urbandale, Iowa, presents a compelling investment opportunity. Situated at 2931 & 2941 100th Street, this property boasts a prime location between Hickman Road and Douglas Avenue, offering convenient access to a thriving commercial corridor. The site is zoned C-G, providing flexibility for a variety of commercial uses. Comprising two parcels totaling 51,822 square feet, the land features approximately 150 feet of frontage on 100th Street and a depth of approximately 350 feet. The high-traffic area sees 20,000 vehicles per day, according to the Department of Transportation data, ensuring significant visibility and accessibility for any future development. Its proximity to numerous restaurants, retail establishments, and other commercial businesses further enhances its appeal. This property is ideal for developers seeking a well-positioned site in a rapidly growing area of Urbandale, Polk County, Iowa, zip code 50322. The asking price is $570,000.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 2,173 SF
Lot 0.62 ac (27,007 SF)
Zoning code C-G
APN 312/00302-292-000
UPID US25-0306901

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

Zoning & alternative use

C-G · Urbandale, IA
Zoning description

DISTRICT. § 160.11 “R-4” MEDIUM DENSITY MULTI-FAMILY DISTRICT. § 160.12 “O-R” TRANSITIONAL OFFICE/RESIDENTIAL DISTRICT. § 160.13 “C-O” OFFICE/SERVICE DISTRICT. § 160.14 “C-N” NEIGHBORHOOD CONVENIENCE DISTRICT. § 160.15 “…

General category COMMERCIAL

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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More about this property
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