Technical
Financial
Distress signals
Property profile

3001 86th St Urbandale, IA 50322

OFF-MARKET
Investment properties
Property ID
US25-0403917
18,900 SF 2.23 ac lot Built 1999
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional medical office building, located at 3001-3035 86th Street in Urbandale, Iowa, presents a compelling owner-user opportunity. The property boasts a total of 18,900 square feet, with 17,557 square feet of net rentable space, situated on a 2.3-acre lot. Constructed in 1999, this two-story building is situated in a Planned Unit Development (PUD) zoning district. The property features excellent visibility and accessibility, with direct signage to 86th Street and prominent monument signage, ensuring high brand recognition. Its convenient location provides easy access to Interstate 235, a major thoroughfare with a high volume of traffic (20,000 vehicles per day). The property's single building structure offers efficiency and streamlined operations. The Polk County location and 50322 zip code offer a desirable address within a thriving community. The sale price is negotiable, making this an attractive investment for medical professionals or businesses seeking a prime location for their operations. The APN is 312-00612631000.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1999
Construction FRAME
Total area 18,900 SF
Lot 2.23 ac (97,226 SF)
Zoning code PUD
APN 312/00612-631-000
UPID US25-0403917

Cap rate & NOI

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

Location

3001 86th St Urbandale, IA 50322-4001
Urbandale metro Census 10411 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.38M
Blend (final) Blend
$1.61M

Owner & transaction history

since 2016
7 recorded transactions
2020
Price N/A
2016
Price N/A
2016
$1.5M
2012
$880,000
2011
Price N/A
1969
Price N/A
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
Retail stores $2.2M +28.0%
Warehouse, storage $1.7M +1.3%

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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