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Property profile & analytics
OFF-MARKET
Investment properties
7901 Douglas Ave Urbandale, IA 50322-2451
Individually Owned
2-yr Hold
Free & Clear
Property ID
US25-0026372
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1973
Construction
FRAME
Total area
7,200 SF
Lot
0.89 ac (38,712 SF)
Zoning code
C-O
APN
312/01998-002-000
UPID
US25-0026372
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Urbandale Food Pantry · 2 yrs held
Urbandale Food Pantry
since 2024
Last sale
$475,000
7 recorded transactions
Zoning & alternative use
C-O · Urbandale, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 “C-O” OFFICE/SERVICE DISTRICT. § 160.14 “C-N” NEIGHBORHOOD CONVENIENCE DISTRICT. § 160.15 “C-G” GENERAL COMMERCIAL DISTRICT. § 160.16 “C-H” H…
Zone name
Office And Service
General category
COMMERCIAL
Zone area
196.20 ac
Source
CHAPTER 160: ZONING
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Urbandale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Urbandale submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$11,368
Tax year 2020
Assessed value
$495,000
Assessed 2023
Previous assessed
$495,000
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$328,000
Assessed improvement
$167,000
Land market value
$328,000
Improvement market value
$167,000
Total market value
$495,000
Applied tax rate
19.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1973
Construction
FRAME
Heating
CENTRAL
Cooling
YES
Buildings
1
Stories
2
Rooms
5
Bathrooms
2
Total area
7,200 SF
Lot
0.89 ac (38,712 SF)
Zoning code
C-O
APN
312/01998-002-000
UPID
US25-0026372
Jurisdiction
POLK
Zoning & alternative use
C-O · Urbandale, IAZoning C-O · permitted uses
C-O · Urbandale, IA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
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 “C-O” OFFICE/SERVICE DISTRICT. § 160.14 “C-N” NEIGHBORHOOD CONVENIENCE DISTRICT. § 160.15 “C-G” GENERAL COMMERCIAL DISTRICT. § 160.16 “C-H” HIGHWAY COMMERCIAL DISTRICT. § 160.17 “C-P” PLANNED COMMERCE PARK DISTRICT. § 160.18
Zone name
Office And Service
General category
COMMERCIAL
Zone area
196.20 ac
Source
CHAPTER 160: ZONING
Building & site characteristics
From public records
Year built
1973
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
1
Rooms
5
Bathrooms
2
Lot
0.89 ac
Current owner
From public records · entity-resolved
Urbandale Food Pantry
Individual
Free & Clear · 2 yrs held
Mailing address
15902 BROOKSHIRE DR, URBANDALE, IA 50323-2241
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2024
—
Urbandale Food Pantry
—
Deed
related
$1,448,968 · Dupaco Community Cu
May 3, 2024
$475,000
Urbandale Food Pantry
Bmkar LLC
Warranty Deed
—
Mar 4, 2021
—
Bmkar LLC
Armel K Harrell
Re-recorded Document
related
—
Jun 20, 2019
$410,000
Bmkar LLC
Harrell,carmel K
Warranty Deed
$328,000 · Eastland S&l Assn
Dec 31, 2012
$325,000
Carmel K Harrell
Fredregill,kevin T & Teri A
Warranty Deed
—
Oct 24, 2005
$400,000
Kevin T Fredregill
Mitchell,robert E & Betty L
Warranty Deed
$352,000 · Charter Bank
—
—
Carmel Harrell
—
Deed Of Trust
related
$250,000 · Charter Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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