Property profile

4743 Merle Hay Rd Urbandale, IA 50322

OFF-MARKET
Hotels
Property ID
US25-0240132
52,947 SF 3.26 ac lot Built 1985
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1985
Construction FRAME
Total area 52,947 SF
Lot 3.26 ac (141,875 SF)
Zoning code C-2
APN 100/10514-004-004
UPID US25-0240132

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4743 Merle Hay Rd Urbandale, IA 50322
Urbandale metro Census 801 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.01M
Blend (final) Blend
$2.85M

Owner & transaction history

since 2018
6 recorded transactions
2018
$2.9M
2011
Price N/A
2007
$3.2M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-2 · Urbandale, IA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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