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    Property profile & analytics

    7800 Iltis Dr Urbandale, IA 50322-1620

    • Apartment buildings
    • 10,224 SF
    • 8.64 lot acres
    OFF-MARKET
    Value Estimation
    $10,340,000
    Last Sale
    Mar 17, 2023
    $10,700,000
    Location Intelligence
    Property ID
    US25-0168783
    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

    • Apartment buildings

    Property Details for 7800 Iltis Dr

    Year built
    2002
    Construction
    FRAME
    Lot size
    8.64 lot acres
    Property size
    10,224 SF
    Zone code
    PUD
    Property type
    Apartment buildings
    APN
    312/00302-038-118
    APU
    31200302038118

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $10,005,000

    • CAP approach

      CAP return
      Estimation
      6%
      $9,815,000
      6.5%
      $11,175,000
      7%
      $9,570,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $11,370,000
      Geo Method
      $11,490,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $11,945,000
      Retail
      $9,785,000
      Mixed-Use
      $11,315,000
      Hospitality
      $10,025,000
      Educational
      $11,075,000
      Residential Income
      $11,580,000
      Energy
      $11,085,000
      Income-Based Land
      $11,945,000
      Food Service
      $12,295,000

    Location Insight

    • Map
    • Local Demand
    City
    Urbandale
    County
    Polk
    State
    Iowa
    Longitude
    -93.7255
    Latitude
    41.6415
    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
    $193,256
    $1,390,000
    $8,810,000
    $10,200,000
    -
    $1,390,000
    $8,810,000
    $10,200,000

    Comparable in this City

    • Value Estimation by Request
      26,556 SF

      2510 Canterbury Rd

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    • Value Estimation by Request
      28,104 SF

      8724 Meredith Dr

      APARTMENT HOUSE (5+ UNITS) • 28,104 SF
      8724 Meredith Dr, Urbandale, IA 50322-7272
      View Details
    • Value Estimation by Request
      2,744 SF

      8717 Urbandale Ave

      Multifamily properties • 2,744 SF
      8717 Urbandale Ave, Urbandale, IA 50322
      View Details
    • Value Estimation
      $865,000
      856 SF

      2221 63rd St

      APARTMENT HOUSE (5+ UNITS) • 856 SF
      2221 63rd St, Des Moines, IA 50322-5051
      View Details
    • Value Estimation by Request
      14,220 SF

      3819 66th St

      APARTMENT HOUSE (5+ UNITS) • 14,220 SF
      3819 66th St, Urbandale, IA 50322-3337
      View Details
    • Value Estimation
      $435,000
      5,632 SF

      7511 Dennis Dr

      APARTMENT HOUSE (5+ UNITS) • 5,632 SF
      7511 Dennis Dr, Urbandale, IA 50322-3064
      View Details

    Similar Nearby for Sale

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      Pending

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      Well-kept duplex with solid rental history and fenced backyard.
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    • $3,925,000
      11.93 Acres

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      11.9 Acres, Prime Location, $3.9M
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      View Details
    • $2,614,000
      10.00 Acres

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      Prime 10-acre commercial lot, ideal for development.
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    • Contact for pricing
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      Urbandale Commercial Space For Lease

      Prime Urbandale location, flexible space available.
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    • $391,059
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      Prime 1.71-acre commercial lot, ideal for office development.
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    Similar Nearby for Lease

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      1,146 SF

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      Office suites available for lease in Urbandale, Iowa.
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    • $18 SF/Yr
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      Retail Space in High-Traffic Location

      Retail space available in a busy, anchored shopping center.
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      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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    • $6 SF/Yr
      212,000 SF

      Center Pointe Warehouse: Urbandale, IA

      Modern Warehouse, 212,000 SF, Iowa
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    • $9 SF/Yr
      17,465 SF

      Aurora Business Park Flex Space

      Urbandale, IA: 3,395 SF Flex Space Available
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      View Details
    • Contact for pricing
      57,546 SF

      Retail Sublease in Urbandale Center

      High-traffic retail sublease opportunity in Urbandale's Cobblestone Marketplace.
      8405 Hickman Rd, Des Moines, IA 50322
      View Details
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    Urbandale, IA 50322-1620
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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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