Property profile

9161 Northpark Dr Urbandale, IA 50131

OFF-MARKET
Investment properties
Property ID
US25-0190585
12,000 SF 1.08 ac lot Built 2010
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2010
Construction FRAME
Total area 12,000 SF
Lot 1.08 ac (47,088 SF)
APN 312/02103-485-004
UPID US25-0190585

Cap rate & NOI

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

Location

9161 Northpark Dr Urbandale, IA 50131-4807
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
$1.89M
Comparable Approach Comparable
$1.52M
Blend (final) Blend
$1.49M

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2018
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $2.1M +28.9%
Medical building $2.0M +24.5%
Restaurant $1.9M +15.5%

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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