Technical
Financial
Distress signals
Property profile

8744 Northpark Dr Urbandale, IA 50131

OFF-MARKET
Turn key restaurants
Property ID
US25-0328025
8,085 SF 2.58 ac lot Built 2005
Entity Owned 19-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2005
Construction FRAME
Total area 8,085 SF
Lot 2.58 ac (112,211 SF)
Zoning code PUD
APN 312/02103-481-051
UPID US25-0328025

Cap rate & NOI

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

Location

8744 Northpark Dr Urbandale, IA 50131-3092
Urbandale metro Census 11704 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.06M
Blend (final) Blend
$935k

Owner & transaction history

Zoning & alternative use

PUD · Urbandale, IA
Zoning description

T. § 160.21 “FW” FLOODWAY (OVERLAY) DISTRICT. § 160.22 “FF” FLOODWAY FRINGE (OVERLAY) DISTRICT. § 160.22.1 “GF” GENERAL FLOODPLAIN (OVERLAY) DISTRICT. § 160.23 ADMINISTRATION OF FLOODPLAIN MANAGEMENT DISTRICT. § 160.24 “…

General category PLANNED_DEVELOPMENT
Top alternative use upside
Auto repair, garage $1.4M +11.6%
Medical building $1.3M +7.8%

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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