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Property profile & analytics
OFF-MARKET
Estimated value
$1,615,000
Industrial properties
3901 100th St Urbandale, IA 50322-2000
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US25-0512721
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1963
Construction
STEEL FRAME
Total area
30,625 SF
Lot
3.37 ac (146,797 SF)
Zoning code
M-1
APN
312/00013-005-000
UPID
US25-0512721
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
$1.93M
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.62M
Owner & transaction history
Hdh Properties LLC · 11 yrs held
Hdh Properties LLC
since 2014
5 recorded transactions
Zoning & alternative use
M-1 · Urbandale, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
OFFICE/SERVICE DISTRICT. § 160.14 “C-N” NEIGHBORHOOD CONVENIENCE DISTRICT. § 160.15 “C-G” GENERAL COMMERCIAL DISTRICT. § 160.16 “C-H” HIGHWAY COMMERCIAL DISTRICT. § 160.17 “C-P” PLANNED COMMERCE PARK DISTRICT. § 160.18 “M-1” PLANNED INDUSTRIAL DISTRICT. § 160.19 “M-2” BUSINESS PARK INDUSTRIAL DISTRICT. § 160.20 “F-M” FLOODPLAIN MANAGEMENT DISTRICT. § 160.21…
Zone name
Planned Industrial
General category
INDUSTRIAL
Zone area
288.45 ac
Source
CHAPTER 160: ZONING
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Urbandale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Urbandale submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,095,000
6.5%
$1,930,000
7%
$1,795,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,225,000
Current use
Blend value · Realmo final
$1.62M
Range $1.45M – $1.78M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$53 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$48,796
Tax year 2023
Assessed value
$1,460,000
Assessed 2024
Previous assessed
$1,460,000
+0.0% YoY
Effective rate
3.34%
On assessed value
Assessed land
$621,000
Assessed improvement
$839,000
Land market value
$621,000
Improvement market value
$839,000
Total market value
$1,460,000
Applied tax rate
19.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1963
Construction
STEEL FRAME
Heating
CENTRAL
Buildings
1
Stories
1
Total area
30,625 SF
Lot
3.37 ac (146,797 SF)
Zoning code
M-1
APN
312/00013-005-000
UPID
US25-0512721
Jurisdiction
POLK
Zoning & alternative use
M-1 · Urbandale, IAZoning M-1 · permitted uses
M-1 · Urbandale, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
OFFICE/SERVICE DISTRICT. § 160.14 “C-N” NEIGHBORHOOD CONVENIENCE DISTRICT. § 160.15 “C-G” GENERAL COMMERCIAL DISTRICT. § 160.16 “C-H” HIGHWAY COMMERCIAL DISTRICT. § 160.17 “C-P” PLANNED COMMERCE PARK DISTRICT. § 160.18 “M-1” PLANNED INDUSTRIAL DISTRICT. § 160.19 “M-2” BUSINESS PARK INDUSTRIAL DISTRICT. § 160.20 “F-M” FLOODPLAIN MANAGEMENT DISTRICT. § 160.21 “FW” FLOODWAY (OVERLAY) DISTRICT. § 160.22 “FF” FLOODWAY FRINGE (OVERLAY) DISTRICT.
Zone name
Planned Industrial
General category
INDUSTRIAL
Zone area
288.45 ac
Source
CHAPTER 160: ZONING
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.2M
INDUSTRIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1963
Construction
STEEL FRAME
Heating
CENTRAL
Stories
1
Buildings
1
Lot
3.37 ac
Current owner
From public records · entity-resolved
Hdh Properties LLC
Entity
Mailing address
1326 UN CT, VAN METER, IA 50261-8501
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2024
—
Hdh Properties LLC
—
Deed
related
$782,885 · South Story Bank & Trust
Jun 23, 2017
—
Hdh Properties LLC
—
Deed
related
$993,500 · Two Rivers Bank & Trust
Oct 1, 2014
—
Hdh Properties LLC
Universal Realty LLC
Quit Claim Deed
related
—
Jun 15, 2012
—
Universal Realty LLC
Weeks & Leo Co INC
Quit Claim Deed
related
—
Jun 5, 2012
—
Universal Realty LLC
Weeks & Leo Co INC
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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