Financial
Distress signals
Property profile

4451 112Th St Urbandale, IA 50322

FOR SALE
Warehouses
Property ID
US25-0016356
47,840 SF 2.92 ac lot Built 1995
Last sale Feb 2007 · $2,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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4451 112Th St, Urbandale, IA 50322 For Sale
$3,895,000 47,840 SF
4451 112Th St, Urbandale, IA 50322
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Property summary

AI-generated overview

This exceptional industrial property, located at 4451 112th St, Urbandale, IA 50322, offers a substantial 47,840 square feet of warehouse space, perfect for a single tenant. Situated on a 2.92-acre lot, this building boasts a functional layout designed for efficient operations. The warehouse features a generous 22-foot clear ceiling height, providing ample vertical space for storage and operations. Loading and unloading are facilitated by four conveniently located dock doors and two drive-in

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$129k
Tax billed · 2023
Assessed value · 2024$3.64M
Assessed land$538k
Assessed improvement$3.10M
Effective rate3.54%

Value estimate

· Sep 2026
$2.05M
$1.84M – $2.25M
NOI build-up
Gross scheduled income$304k
Vacancy & credit loss−$24k
Operating expenses−$84k
NOI · 5.04% cap applied$196k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$92/SF
Submarket average, outlier-cleaned · 123 recorded sales of this use type
Observed band · Q1–Q3$56 – $135

Cap rate analysis

How does the asset earn?
5.04%
$196k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M-2
HBORHOOD CONVENIENCE DISTRICT. § 160.15 “C-G” GENERAL COMMERCIAL DISTRICT. § 160.16 “C-H” HIGHWAY COMMERCIAL DISTRICT. § 160.17 “C-P” PLA...
General categoryCOMMERCIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.8
Parking Facility9.9
Auto Parts Store9.0

Location

4451 112Th St Urbandale, IA 50322
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6715 Hickman, Des Moines, IA 50322-4908 $6,300,000 Mar 2024 11,850 SF
3961 106th, Urbandale, IA 50322-2002 $421,320 Aug 2022 12,000 SF
10161 Hickman, Urbandale, IA 50322 $5,450,000 Jan 2022 19,440 SF
3408 101st, Urbandale, IA 50322-3844 $1,900,000 Mar 2021 12,300 SF
7501 Hickman, Urbandale, IA 50322-4620 $4,000,000 Oct 2020 99,920 SF
9850 Douglas, Urbandale, IA 50322-2153 $3,400,000 Jan 2020 32,408 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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