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    4630 NW 86 St Urbandale, IA 50322

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    4630 NW 86 St Urbandale, IA 50322


    • Strip malls
    • 17,802 SF
    • 3.02 lot acres
    Retail/Office Space in Established Center For Lease
    $2,280,000
    2,093 SF

    Retail/Office Space in Established Center

    Retail and office spaces available in Urbandale, Iowa.

    4630 NW 86th St, Urbandale, IA 50322
    View Listing
    Property ID
    US25-0380353
    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.

    Value Estimations
    $2,280,000
    Cap Rate Potential
    10%
    Strip malls
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details for 4630 NW 86 St

    Year built
    2000
    Construction
    FRAME
    Lot size
    3.02 lot acres
    Property size
    17,802 SF
    Zone code
    C-N
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    312/00315-104-001
    APU
    31200315104001

    Description

    Oakwood Plaza presents a compelling investment opportunity in a thriving Polk County location. This single-story, 17,802 square foot retail strip center, built in 2000, sits on a 3.024-acre lot and is zoned C-N Neighborhood Convenience District. Currently, two spaces are available for lease: a 980 square foot retail/office space and a larger 1,904 square foot restaurant space. The center enjoys high visibility on a major thoroughfare in Urbandale, offering excellent access and exposure to a substantial customer base. Its strategic location near the intersection of NW 86th Street and Meredith Drive provides convenient proximity to I-35/I-80, ensuring strong traffic flow. Adding to its appeal, the property benefits from its adjacency to a Walgreens and is further enhanced by the development of 60 residential lots directly west of the shopping center, promising increased foot traffic and potential customer growth. Existing co-tenants include Edward Jones, Advanced Eye Care, and Friedrich's Coffee, creating a well-established and diverse tenant mix. This property offers a rare chance to acquire a well-positioned retail space in a rapidly growing area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,110,000
      ML approach
      $2,075,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,074,000
      Market price range: $945k - $2.07M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,425,000
      Current use
      AUTO REPAIR, GARAGE
      $3,065,000
      Change: +115% Conversion: Difficult
      MEDICAL BUILDING
      $2,965,000
      Change: +108% Conversion: Difficult
      RESTAURANT
      $2,750,000
      Change: +93% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $2,620,000
      Change: +84% Conversion: Difficult
      RETAIL STORES
      $2,070,000
      Change: +45% Conversion: Easy
      WAREHOUSE, STORAGE
      $1,635,000
      Change: +15% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,615,000
      Change: +13% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Urbandale
    County
    Polk
    State
    Iowa
    Longitude
    -93.7374
    Latitude
    41.6451
    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
    $95,910
    $1,310,000
    $1,490,000
    $2,800,000
    -
    $1,310,000
    $1,490,000
    $2,800,000
    View Listing
    More about this property
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