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Property profile & analytics
FOR LEASE
Warehouses
4360 112Th St Urbandale, IA 50323
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US25-0046109
For Lease
1 / 5
$5.95 SF/Yr
4360 112Th St, Urbandale, IA 50323
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1991
Construction
STEEL FRAME
Total area
203,580 SF
Lot
14.84 ac (646,430 SF)
Zoning code
M-2
APN
312/01042-221-000
UPID
US25-0046109
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.66M
Owner & transaction history
4360 112th Street LLC · 4 yrs held
4360 112th Street LLC
since 2022
4 recorded transactions
Zoning & alternative use
M-2 · Urbandale, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$38 / 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
$481,532
Tax year 2023
Assessed value
$13,500,000
Assessed 2024
Previous assessed
$13,500,000
+0.0% YoY
Effective rate
3.57%
On assessed value
Assessed land
$1,830,000
Assessed improvement
$11,670,000
Land market value
$1,830,000
Improvement market value
$11,670,000
Total market value
$13,500,000
Applied tax rate
12.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1991
Construction
STEEL FRAME
Heating
YES
Buildings
1
Stories
1
Total area
203,580 SF
Lot
14.84 ac (646,430 SF)
Zoning code
M-2
APN
312/01042-221-000
UPID
US25-0046109
Jurisdiction
POLK
Zoning & alternative use
M-2 · Urbandale, IA
Zoning M-2 · permitted uses
M-2 · Urbandale, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Urbandale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Construction
STEEL FRAME
Heating
YES
Stories
1
Buildings
1
Lot
14.84 ac
Current owner
From public records · entity-resolved
4360 112th Street LLC
Entity
Mailing address
2400 86TH ST STE #24, DES MOINES, IA 50322-4306
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2022
—
4360 112th Street LLC
Isa IV LLC
Quit Claim Deed
related
—
May 25, 2011
—
Warehouse 4360 112th Street Ll
Vista R/e & Inv Corp
Grant Deed
$5,000,000 · West Bank
Apr 23, 2009
$5,400,000
Vista Real Estate & Inv Corp
Principal Life Insurance
Grant Deed
—
—
—
Vista Real Estate & Inv Co
—
Deed Of Trust
related
$2,000,000 · Kenneth L Smith
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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