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Property profile & analytics
FOR SALE
Investment properties

8901 Northpark Dr Johnston, IA 50131

59,590 SF 6.04 ac lot Built 2020
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US25-0544343
8901 Northpark Dr, Johnston, IA 50131 For Sale
Contact for pricing 59,590 SF
8901 Northpark Dr, Johnston, IA 50131
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Property summary
AI-generated overview

This exceptional 6.36-acre industrial land parcel presents a unique investment opportunity in Urbandale, Iowa. Located at 8901 Northpark Drive, Johnston, IA 50131, this property boasts a highly desirable Planned Unit Development (PUD) zoning designation, offering significant flexibility for a variety of industrial uses. The site is strategically positioned just west of 86th Street, providing convenient access to Interstate 80/35, ensuring seamless connectivity to major transportation arteries. This prime location offers excellent visibility and accessibility for businesses seeking a strategic presence in the thriving Des Moines metro area. The asking price for this expansive tract is $1,250,000. The property is being offered for sale directly by the owner, providing a streamlined transaction process. With its ideal location, flexible zoning, and substantial acreage, this property represents a compelling opportunity for developers and investors seeking a high-impact industrial development project. Serious inquiries are encouraged to explore the potential of this exceptional land offering. The property is situated in Polk County and offers significant potential for future growth and development within a dynamic and expanding commercial landscape. The 6.36 acres provide ample space for a variety of industrial projects, making it an attractive option for businesses of all sizes.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2020
Construction STEEL FRAME
Total area 59,590 SF
Lot 6.04 ac (263,320 SF)
APN 312/02103-480-011
UPID US25-0544343
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
$1.37M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.32M
Owner & transaction history
IOWA BANKERS INSURANCE & SERVICES I · 6 yrs held
IOWA BANKERS INSURANCE & SERVICES I
since 2020
Last sale
$1.1M
1 recorded transaction
2020
$1.1M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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