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Property profile & analytics
OFF-MARKET Estimated value $565,000
Strip malls

3941 100th St Urbandale, IA 50322

13,139 SF 1.51 ac lot Built 2004
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0556929
Property summary
AI-generated overview

Twin Eagles Plaza, located at 3941 100th Street in Urbandale, Iowa, presents a compelling investment opportunity. This 13,139 square foot retail and office center is currently fully leased under a modified lease structure with a multi-tenant occupancy and five years remaining on the lease term. The asking price is $1,580,000. The property boasts excellent visibility and ample parking, key advantages for both tenants and investors. Its strategic location offers convenient access to Interstate 35, just one mile away, ensuring high traffic flow and accessibility for customers and employees. The property's classification as an executive office space caters to a specific market segment, potentially offering higher rental yields. Situated in Polk County, within the vibrant city of Urbandale, this property benefits from a strong local economy and a desirable location. The combination of a fully leased building, strong location, and attractive asking price makes Twin Eagles Plaza an exceptional investment prospect in the Iowa commercial real estate market. The property's existing lease structure provides immediate cash flow, minimizing vacancy risk for the foreseeable future. The substantial square footage offers flexibility for future development or expansion, should the need arise. This is a rare opportunity to acquire a well-positioned, income-producing asset in a thriving Iowa community.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2004
Construction STEEL FRAME
Total area 13,139 SF
Lot 1.51 ac (65,645 SF)
APN 312/03208-900-002
UPID US25-0556929
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
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
$401k
Blend (final) Blend
$565k
Owner & transaction history
Warrenfarm LLC · 6 yrs held
Warrenfarm LLC
since 2020
3 recorded transactions
2020
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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