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    Property profile & analytics

    4725 Merle Hay Rd Des Moines, IA 50322

    • Investment properties
    • 25,088 SF
    • 1.98 lot acres
    For Lease
    View listing
    $11 SF/Yr
    Value Estimation
    $1,005,000
    Location Intelligence
    Property ID
    US25-2559849
    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

    • E3 Millennium Therapy Services / Occupational Therapist / Rehabilitation Center
    • Millennium Rehab & Consulting, Inc. (Corporate Offices) / Occupational Health Service / Occupational Therapist
    • Synergy Clinical Services, L.L.C. / Mental Health Service / Mental Health Clinic
    • SS Therapy and Consulting, Ltd / Mental Health Service / Marriage Or Relationship Counselor
    • Iowa Coalition Against Domestic Violence / Social Services Organization

    Property Details for 4725 Merle Hay Rd

    Year built
    1993
    Construction
    STEEL FRAME
    Lot size
    1.98 lot acres
    Property size
    25,088 SF
    Zone code
    C-2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    100/10514-006-002
    APU
    10010514006002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6964
    Latitude
    41.6461
    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
    $46,054
    $1,280,000
    $130,000
    $1,410,000
    -
    $1,280,000
    $130,000
    $1,410,000

    Comparable in this City

    • Value Estimation
      $105,000
      1,225 SF

      8501 Douglas Ave, Unit 12

      OFFICE/RESIDENTIAL (MIXED USE) • 1,225 SF
      8501 Douglas Ave, Urbandale, IA 50322
      View Details
    • Value Estimation by Request
      16,892 SF

      3001 104th St

      OFFICE/RESIDENTIAL (MIXED USE) • 16,892 SF
      3001 104th St, Urbandale, IA 50322-3830
      View Details
    • Value Estimation by Request
      6,060 SF

      3509 104th St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,060 SF
      3509 104th St, Urbandale, IA 50322-3825
      View Details
    • Value Estimation by Request
      5,070 SF

      2545 106th St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,070 SF
      2545 106th St, Urbandale, IA 50322-3766
      View Details
    • Value Estimation
      $70,000
      1,225 SF

      8515 Douglas Ave Ste, Unit 21

      OFFICE/RESIDENTIAL (MIXED USE) • 1,225 SF
      8515 Douglas Ave Ste, Urbandale, IA 50322-2924
      View Details
    • Value Estimation by Request
      6,768 SF

      10530 New York Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 6,768 SF
      10530 New York Ave, Urbandale, IA 50322-3775
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Prime Urbandale location, large commercial space.
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      Urbandale Office Land - $965,071

      Prime 4.22-acre commercial lot.
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    • $175,000
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      Residential Lot in Bentley Ridge

      Residential lot with pond and timber views in Urbandale, Iowa.
      17543 North Valley Dr, Urbandale, IA 50322
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      Prime Development Lots Available

      Developed lots with interstate visibility and completed infrastructure.
      10851 Plum Dr, Urbandale, IA 50322
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    • New
      $260,000
      Pending

      Des Moines Duplex with Garage

      Well-kept duplex with solid rental history and fenced backyard.
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    Similar Nearby for Lease

    • $5 SF/Yr
      90,000 SF

      Northshore Office Complex: Urbandale

      Des Moines West Office/Industrial Space
      4093-4121 Urbandale Dr, Urbandale, IA 50322
      View Details
    • $9 SF/Yr
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      Office Building in Urbandale

      Office suites available for lease in Urbandale, Iowa.
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      View Details
    • $18 SF/Yr
      1,424 SF

      Retail Space in High-Traffic Location

      Retail space available in a busy, anchored shopping center.
      11101-11129 Plum Dr, Urbandale, IA 50322
      View Details
    • $8 SF/Yr
      8,412 SF

      NW Urbandale Drive Warehouse Space

      Warehouse space with office, drive-in doors, and ample parking.
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    • $8 SF/Yr
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      Urbandale Office Space for Lease

      Flexible Suites, Prime Location, Iowa
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    • $22,200
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      Urbandale Retail Space For Lease

      Prime Urbandale retail space available.
      6825 Douglas Ave, Urbandale, IA 50322
      View Details
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    4725 Merle Hay Rd
    Des Moines, IA 50322
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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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