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Property profile & analytics
OFF-MARKET
Estimated value
$7,635,000
Warehouses
4434 112th St Urbandale, IA 50322-2085
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US25-0246477
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1986
Construction
STEEL FRAME
Total area
200,000 SF
Lot
12.12 ac (527,947 SF)
Zoning code
M-2
APN
312/01042-201-000
UPID
US25-0246477
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
$7.64M
Owner & transaction history
Isa IV LLC · 8 yrs held
Isa IV LLC
since 2018
7 recorded transactions
Zoning & alternative use
M-2 · Urbandale, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
HBORHOOD 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 “…
Zone name
Business Park
General category
COMMERCIAL
Zone area
519.68 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
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
$485,118
Tax year 2023
Assessed value
$13,600,000
Assessed 2024
Previous assessed
$13,600,000
+0.0% YoY
Effective rate
3.57%
On assessed value
Assessed land
$1,580,000
Assessed improvement
$12,020,000
Land market value
$1,580,000
Improvement market value
$12,020,000
Total market value
$13,600,000
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
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
YES
Buildings
1
Stories
1
Total area
200,000 SF
Lot
12.12 ac (527,947 SF)
Zoning code
M-2
APN
312/01042-201-000
UPID
US25-0246477
Jurisdiction
POLK
Zoning & alternative use
M-2 · Urbandale, IAZoning 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
Zoning description
HBORHOOD 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. § 160.22.1 “GF” GENERAL FLOODPLAIN (OVERLAY
Zone name
Business Park
General category
COMMERCIAL
Zone area
519.68 ac
Source
CHAPTER 160: ZONING
Building & site characteristics
From public records
Year built
1986
Construction
STEEL FRAME
Heating
YES
Stories
1
Buildings
1
Lot
12.12 ac
Current owner
From public records · entity-resolved
Isa IV LLC
Entity
Free & Clear · 8 yrs held
Mailing address
1080 JORDAN CRK PKWY STE #200, WEST DES MOINES, IA 50266-6004
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2018
—
Isa IV LLC
—
Deed
related
$7,600,000 · Thrivent Fin'l/lutherans
Feb 23, 2018
—
Isa IV LLC
Isa IV Tic LLC
Quit Claim Deed
—
Feb 20, 2018
—
Isa IV LLC
Isa IV Tic LLC
Quit Claim Deed
related
—
Feb 27, 2012
—
Isa IV LLC
Meredith Drive Associates LP
Warranty Deed
—
Feb 1, 2010
—
Meredith Drive Associates LP
—
Deed Of Trust
related
$7,500,000 · Wells Fargo Bank NA (ce)
Dec 30, 2005
—
R & R Investors Ltd
Rrhwoods LLC
Warranty Deed
related
—
—
—
Isa IV LLC
—
Deed Of Trust
related
$7,600,000 · Thrivent Fin'l/lutherans
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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