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    Property profile & analytics

    4301 121st St Urbandale, IA 50323-2301

    • Investment properties
    • 367,386 SF
    • 24.31 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-0215421
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 4301 121st St

    Year built
    2012
    Construction
    STEEL FRAME
    Lot size
    24.31 lot acres
    Property size
    367,386 SF
    Zone code
    PUD
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    312/00678-015-001
    APU
    31200678015001

    Description

    This exceptional 367,386 square foot multi-tenant property, located at 4301 121st Street in Urbandale, Iowa, presents a significant opportunity for businesses seeking flexible and expansive space. Built in 1995, the building boasts a diverse range of uses, encompassing executive office space, warehouse facilities, and distribution capabilities, all within a Planned Unit Development (PUD) zoning. Currently, there is 125,483 square feet of vacant space available for lease, ideal for a variety of business needs. The property features a substantial ceiling height of 30 feet, providing ample vertical space for storage or specialized equipment. Furthermore, the building is equipped with 16 dock-high doors, facilitating efficient loading and unloading operations, crucial for warehouse and distribution functions. Situated in Polk County, Iowa, with a convenient Urbandale address and zip code 50323, this property offers excellent access to transportation networks and a thriving business community. The substantial size and versatile nature of this property make it an attractive option for companies seeking to expand or consolidate their operations in a prime location. The available space offers a unique blend of office and industrial functionality, catering to a wide range of business models.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Urbandale
    County
    Polk
    State
    Iowa
    Longitude
    -93.7802
    Latitude
    41.6387
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $538,022
    $2,700,000
    $21,800,000
    $24,500,000
    -
    $2,700,000
    $21,800,000
    $24,500,000

    Comparable in this City

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      48,272 SF

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    • Value Estimation by Request
      83,448 SF

      4100 121st St

      OFFICE/RESIDENTIAL (MIXED USE) • 83,448 SF
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    • Value Estimation by Request
      22,560 SF

      12044 Ridgemont Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 22,560 SF
      12044 Ridgemont Dr, Urbandale, IA 50323-2317
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    • Value Estimation by Request
      45,955 SF

      12140 Meredith Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 45,955 SF
      12140 Meredith Dr, Urbandale, IA 50323-1500
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    • Value Estimation by Request
      226,996 SF

      12421 Meredith Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 226,996 SF
      12421 Meredith Dr, Urbandale, IA 50323-4000
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    • Value Estimation by Request
      20,856 SF

      Urbandale, IA 50323

      OFFICE/RESIDENTIAL (MIXED USE) • 20,856 SF
      Urbandale, IA 50323
      View Details

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    • Contact for pricing
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    Similar Nearby for Lease

    • $9 SF/Yr
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      Tuscany Village Center: Urbandale Retail

      Prime Urbandale retail space available. Three suites, abundant parking.
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    • $9 SF/Yr
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      Prime Urbandale Executive Office Space

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    • $5 SF/Yr
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      Urbandale Warehouse Space Available

      Modern warehouse, prime location, 116,000 sq ft.
      4467 121 St, Urbandale, IA 50323
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    • $33 SF/Yr
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      Prime Polk County Retail Center

      6,000 SF Retail Space Available
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    • $13 SF/Yr
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      Urbandale Executive Office Space

      Prime Urbandale Office Suite Available
      3917 121 St, Urbandale, IA 50323
      View Details
    • Contact for pricing
      6,000 SF

      Retail Space in Growing Area

      Retail space for lease in rapidly growing Urbandale.
      156Th Ct NW, Urbandale, IA 50323
      View Details
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    Urbandale, IA 50323-2301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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