3821 121st St Urbandale, IA 50323
This exceptional retail property, Tuscany Village Center Building #1, presents a compelling investment opportunity in Urbandale, Iowa. Located at 3821 121st St, this Class B building boasts 22,463 square feet situated on a 2.9-acre lot. Its prime location offers unparalleled visibility and accessibility, being directly off the interstate and in close proximity to the thriving communities of Urbandale and Grimes. The property benefits from a high-traffic location, adjacent to established businesses such as Kum & Go and Pilot, ensuring consistent customer flow. Ample parking is available for both tenants and customers, enhancing the overall convenience and appeal. The building is equipped with a grease interceptor, a valuable asset for food-related businesses. The asking price for this well-positioned retail center is $2,800,000. This property is ideal for investors seeking a strong return in a rapidly growing area. The substantial square footage and convenient location make it an attractive option for a variety of retail uses. With its strategic placement and existing infrastructure, this property offers significant potential for future growth and profitability. The 50323 zip code further underscores its desirability within the Urbandale market.
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 “P.U.D.” PLANNED UNIT DEVELOPMENT DISTRICT. § 160.25 GENERAL REGULATIONS FOR LAND AND STRUCTURES. § 160.26 GENERAL USE RESTRICTIONS AND RULES…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PUD · Urbandale, IAT. § 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 “P.U.D.” PLANNED UNIT DEVELOPMENT DISTRICT. § 160.25 GENERAL REGULATIONS FOR LAND AND STRUCTURES. § 160.26 GENERAL USE RESTRICTIONS AND RULES OF INTERPRETATION. § 160.27 BUFFER YARDS. § 160.28 REQUIRED OPEN SPACE AND LANDSCAPI
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.