Technical
Financial
Distress signals
Property profile

5911 Meredith Dr Urbandale, IA 50322

OFF-MARKET
Investment properties
Property ID
US25-0254039
7,200 SF 0.55 ac lot Built 1973
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1973
Construction FRAME
Total area 7,200 SF
Lot 0.55 ac (23,992 SF)
Zoning code C-H
APN 312/02025-026-004
UPID US25-0254039

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Tech Support Center IT Consulting Firm
  • Photography Service (Bike/Boat/Book/etc) Store
  • Barber Shop
  • IT Consulting Firm (Bike/Boat/Book/etc) Store

Location

5911 Meredith Dr Urbandale, IA 50322-1903
Urbandale metro Census 10409 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2018
2 recorded transactions
2018
$450,000
2013
$450,000

Zoning & alternative use

C-H · Urbandale, IA
Zoning description

I-FAMILY DISTRICT. § 160.12 “O-R” TRANSITIONAL OFFICE/RESIDENTIAL DISTRICT. § 160.13 “C-O” OFFICE/SERVICE DISTRICT. § 160.14 “C-N” NEIGHBORHOOD CONVENIENCE DISTRICT. § 160.15 “C-G” GENERAL COMMERCIAL DISTRICT. § 160.16 “…

General category COMMERCIAL

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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