Technical
Financial
Distress signals
Property profile

6901 Hickman Rd 2 Urbandale, IA 50322

OFF-MARKET
Investment properties
Property ID
US25-0357039
3,960 SF 0.4 ac lot Built 1990
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1990
Construction FRAME
Total area 3,960 SF
Lot 0.4 ac (17,388 SF)
Zoning code C-O
APN 312/02631-600-006
UPID US25-0357039

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
  • Dental Office
  • Dental Office
  • Physician
  • Dental Office

Location

6901 Hickman Rd, Unit 2 Urbandale, IA 50322-4805
Urbandale metro Census 10408 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
$625k
Comparable Approach Comparable
$335k
Blend (final) Blend
$575k

Owner & transaction history

since 2020
Last sale
$500,000
7 recorded transactions
2025
Price N/A
2020
$500,000
2013
$270,000
2010
$2.0M
2008
$2.3M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-O · Urbandale, IA
Zoning description

T. § 160.09 “R-2” TOWNHOUSE RESIDENTIAL DISTRICT. § 160.10 “R-3” LOW DENSITY MULTI-FAMILY DISTRICT. § 160.11 “R-4” MEDIUM DENSITY MULTI-FAMILY DISTRICT. § 160.12 “O-R” TRANSITIONAL OFFICE/RESIDENTIAL DISTRICT. § 160.13 “…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $680,000 +89.8%
Medical building $660,000 +83.4%
Retail stores $460,000 +28.0%

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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