Technical
Financial
Distress signals
Property profile

3821 100 St Urbandale, IA 50322

FOR LEASE
Investment properties
Property ID
US25-0223181
11,900 SF 1.16 ac lot Built 2002
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This 11,900 square foot retail property, built in 1985, is located at 3821 100th Street in Urbandale, Iowa, within Polk County (zip code 50322). The property features a single tenancy with 2,383 square feet currently vacant, offering a significant opportunity for a new business. The lot size is substantial at 50,392 square feet, providing ample parking and space. The location boasts high visibility and traffic, with over 17,000 vehicles passing daily. Access to Interstate I-80 is convenient. The property benefits from strong co-tenancy with established businesses such as US Cellular and Edward Jones. Nearby businesses include Homemakers Furniture, Wendy's, Hy-Vee Fast & Fresh, Mercy One, and Habitat for Humanity Restore, creating a vibrant commercial environment. This property presents a compelling opportunity for a retailer seeking a high-traffic location with excellent visibility and ample parking in a thriving Urbandale commercial area. The property is situated just north of Douglas Avenue, offering easy access and high visibility to potential customers.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2002
Construction FRAME
Total area 11,900 SF
Lot 1.16 ac (50,355 SF)
Zoning code PUD
APN 312/02612-580-009
UPID US25-0223181

Cap rate & NOI

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

Location

3821 100 St Urbandale, IA 50322
Urbandale metro Census 10407 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.19M
CAP Approach CAP
by Request
Comparable Approach Comparable
$907k
Blend (final) Blend
$1.17M

Owner & transaction history

since 2021
Last sale
$1.2M
7 recorded transactions
2021
$1.2M
2019
Price N/A
2018
Price N/A
2018
Price N/A
2018
Price N/A
2018
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
Auto repair, garage $1.9M +71.2%
Apartment house (5+ units) $1.8M +66.9%
Medical building $1.8M +66.4%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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