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Property profile & analytics
FOR SALE
Day care centers

3054 86 St Urbandale, IA 50322

13,262 SF 0.99 ac lot Built 1985
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-2548677
3054 86 St, Urbandale, IA 50322 For Sale
Contact for pricing 13,262 SF
3054 86 St, Urbandale, IA 50322
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Property summary
AI-generated overview

This exceptional investment opportunity presents a 13,262 square foot, two-story daycare center in Urbandale, Iowa. Located at 3054 86th St, this Class B retail property sits on a 0.99-acre lot and is currently 100% occupied by a single tenant under a triple net (NNN) lease. The building, constructed in 1985, benefits from a strong lease with a remaining term of approximately 4.1 years, extending to December 31, 2028. The lease includes one 5-year renewal option and features annual rent bumps, ensuring consistent income growth. The property is zoned R-1I and offers significant potential for long-term returns. Its prime location in the vibrant Urbandale community contributes to its high occupancy rate and strong tenant base. This is a rare opportunity to acquire a well-established, income-producing asset in a desirable market. The property's solid structure and favorable lease terms make it an attractive investment for discerning buyers seeking stable, long-term returns. The current lease provides immediate cash flow, while the renewal option secures future income potential. This turnkey operation requires minimal management, making it an ideal addition to any investment portfolio.

Property profile
Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1985
Construction FRAME
Total area 13,262 SF
Lot 0.99 ac (43,124 SF)
Zoning code R-1I
APN 312/03292-001-001
UPID US25-2548677
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Fazio Apple Tree Props LLC · 12 yrs held
Fazio Apple Tree Props LLC
since 2014
3 recorded transactions
2014
$2.2M
2005
Price N/A
2005
$112,000
Zoning & alternative use
R-1I · Urbandale, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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