Financial
Distress signals
Property profile

8401 Hickman Rd Urbandale, IA 50322

OFF-MARKET
Strip malls
Property ID
US25-0085495
28,426 SF 3.5 ac lot Built 1988
Last sale Jul 2014 · $3,400,000
Individually Owned Owner of record is an individual. 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

In Urbandale, the property is a neighborhood retail center configured with north and south wings, including a fitness tenant space of approximately 50,000 square feet. The center is designed to support retail and services and is occupied by a mix of local and national tenants, with uses that include coin laundry, martial arts, hair care, insurance services, home medical services, tattoo, hearing services, and imaging. The site provides ample parking and has grease interceptors available for

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$50k
Tax billed · 2020
Assessed value · 2023$2.06M
Assessed land$1.60M
Assessed improvement$460k
Effective rate2.43%

Value estimate

· Sep 2026
$880k
$792k – $968k
Submarket $/SF estimate$645k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$99/SF
County average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$47 – $152

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PUD
T. § 160.21 “FW” FLOODWAY (OVERLAY) DISTRICT. § 160.22 “FF” FLOODWAY FRINGE (OVERLAY) DISTRICT. § 160.22.1 “GF” GENERAL FLOODPLAIN (OVERL...
General categoryPLANNED_DEVELOPMENT
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery9.5
Convenience Store9.4
Parking Facility8.8

Location

8401 Hickman Rd Urbandale, IA 50322
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3816 100th, Urbandale, IA 50322-2048 $2,155,000 Feb 2024 20,131 SF
2743 85th, Urbandale, IA 50322 $2,850,000 May 2023 41,105 SF
3892 Urbandale, Urbandale, IA 50322-7926 $1,450,000 Sep 2022 19,468 SF
4630 86th, Urbandale, IA 50322 $2,800,000 Aug 2022 17,802 SF
3701 86th, Urbandale, IA 50322-4008 $16,250,000 Jun 2022 49,139 SF
11101 Plum, Urbandale, IA 50322-6333 $3,515,000 Jan 2022 23,390 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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