3809 109Th StUrbandale, IA 50322

Property Details for 3809 109Th St

Year built

1990

Construction

FRAME

Lot size

0.92 AC

Property size (Sq ft)

11,782 SF

Zone code

C-H

Property type

Investment properties

Property subtype

Live-work space

APN

312/02838-601-002

APU

31202838601002

Description

This exceptional executive office space in Urbandale, Iowa, offers a total of 4,928 square feet, currently entirely vacant and available for lease. Located at 3809 109th Street, zip code 50322, this property presents a fantastic opportunity for businesses seeking flexible and modern office accommodations. The building is categorized as a multi-tenant property, allowing for various configurations to suit different business needs. Individual suites range from a minimum of 2,073 square feet to a maximum contiguous space of 2,855 square feet, providing ample room for growth and expansion. The property is situated in Polk County, offering convenient access to local amenities and major transportation routes. This is an ideal location for businesses seeking a professional and efficient workspace in a thriving community. The property is classified as both Executive Office and Commercial Space, making it suitable for a wide range of professional uses. The entire 4,928 square feet is currently available, presenting a unique chance to secure a substantial and well-located office space. Interested parties are encouraged to inquire for further details and leasing options.

• CAP approach

  CAP return

  Valuation

  6%

  $2,054,138

  6.5%

  $1,896,128

  7%

  $1,760,690

• Comparable approach

  Method

  Valuation

  Relative Method

  $601,353

  Geo Method

  $601,353

• Alternative Use

  Use

  Valuation

  Residential

  $2,351,198

  Hospitality

  $2,153,685

  Educational

  $1,791,841

  Medical

  $1,853,465

  Retail

  $2,787,308

Location Insight

City

Urbandale

County

Polk

State

Iowa

Latitude

41.63

Longitude

-93.7675

CBSA code

19780

CBSA name

DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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