10740 Aurora AveUrbandale, IA 50322

  • Investment properties
  • 10,608 SF

Property Details for 10740 Aurora Ave

Year built
1996
Construction
STEEL FRAME
Lot size
2.06 AC
Property size (Sq ft)
10,608 SF
Zone code
M-2
Property type
Investment properties
Property subtype
Live-work space
APN
312/01042-502-001
APU
31201042502001

Description

This exceptional single-tenant data center, located at 10740 NW Aurora Ave in Urbandale, Iowa, offers 10,608 square feet of space. The property sits on a 2.06-acre lot in Polk County, offering ample room for expansion or future development. Its classification as Office, Industrial, and Special Purpose reflects its versatile design and functionality. The building's strategic location within the Des Moines MSA provides excellent access to major transportation arteries, including Interstates 35, 80, and 235, ensuring seamless connectivity and efficient logistics. The surrounding area boasts a diverse mix of office, industrial, and retail establishments, creating a vibrant and convenient environment for business operations. This property presents a unique opportunity for businesses seeking a well-situated, spacious, and adaptable data center facility in a thriving Iowa community. The zip code is 50322. This single-tenant occupancy provides stability and ease of management. The property's versatility makes it suitable for a range of data center operations and related businesses. Its location within the Des Moines metropolitan area offers access to a skilled workforce and a robust business infrastructure.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,849,447
    6.5%
    $1,707,182
    7%
    $1,585,240
  • Comparable approach

    Method
    Valuation
    Relative Method
    $541,432
    Geo Method
    $541,432
  • Alternative Use

    Use
    Valuation
    Residential
    $2,116,906
    Hospitality
    $1,939,074
    Educational
    $1,613,287
    Medical
    $1,668,770
    Retail
    $2,509,558

Location Insight

City
Urbandale
County
Polk
State
Iowa
Latitude
41.6384
Longitude
-93.7654
CBSA code
19780
CBSA name
DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$32,800
$380,000
$850,000
$1,230,000
-
$380,000
$850,000
$1,230,000

FAQs

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