Walnut Ridge - Urbandale

FOR SALE

WALNUT RIDGE Urbandale, Iowa 50322 South of Douglas Avenue & East & West of 111th Street Development Land For Sale 4.29 Acres

ANGIE TESSAU, CCIM, SIOR 515.707.6889 angiet@knapplc.com Licensed in IA

KOREY BIRKENHOLTZ 515.480.6596 korey@knapplc.com Licensed in IA

Knapp Properties | 5000 Westown Parkway Suite 400 | West Des Moines, Iowa 50266 | P: 515.223.4000 | knappproperties.com

Walnut Ridge is conveniently located in the UrbanLoop, an investment growth development area that the City of Urbandale has committed to transform into a hub for business investment and workforce talent opportunities. With direct interstate access to Interstate 80/35, these parcels are prime for development and supported by highly-accessible traffic routes. Recently, there have been several upgrades to I-35/80 to create greater Knapp Properties | 5000 Westown Parkway Suite 400 | West Des Moines, Iowa 50266 | P: 515.223.4000 | knappproperties.com

DOUGLAS AVENUE

276'

LOT 1

4'

194'

67'

LOT 2

190'

318'

362'

97,803 S.F. 2.25 AC.

233'

57,390 S.F. 1.317 AC.

'

97,803 S.F. 2.25 AC.

115

111th STREET

5'

250'

LOT 6

66'

39

'

161'

'

71

52

'

GE

A NT

O

FR

90'

access for businesses looking to locate in Urbandale. Several new exits surrounding the site have been opened and roadways improved to gain access. Urbandale also has a low city tax rate and flexible tax rebates for development projects. In fact, Urbandale’s city tax levy is the lowest in Iowa for cities its size. Competitive and straightforward business incentive policies add more value to the equation when considering investment in Urbandale.

95'

164'

pricing: LAND DEVELOPMENT

EXCELLENT LOCATION

INTERSTATE ACCESS

Lot 1 & 2 2.05 Acres $12 PSF

C-STORE NEARBY

Lot 6 2.24 Acres $15 PSF

RESTAURANTS NEARBY

HOTEL NEARBY

Knapp Properties | 5000 Westown Parkway Suite 400 | West Des Moines, Iowa 50266 | P: 515.223.4000 | knappproperties.com

AD

RO

DEMOGRAPHICS DESTINATION RIDGE 5 mile radius

EDUCATION Demographics Demographics Demographics Demographics EDUCATION EDUCATION EDUCATION EDUCATION Demographics Demographics 3600 111th 3600 111th St, Urbandale, St, Urbandale, Iowa,50322 50322 Iowa, 50322 3600 111th3600 St, Urbandale, 111th St, Urbandale, Iowa, Iowa, 50322

INCOME INCOME INCOME INCOME INCOME Demographics Demographics Demographics INCOME INCOME Demographics

5 mile radius 5 mile radius 5 mile radius 5 mile radius

5 mile radius 5 mile radius5 mile radius

3600 111th St,5Urbandale, Iowa, 50322 mileUrbandale, radius 3600 111th 3600 St,111th Urbandale, St, Iowa, 50322 Iowa, 50322 3600 111th St, Urbandale, Iowa, 50322 MedianMedian Net Worth Net Worth MedianMedian Household Household IncomeIncome

$215,376 $215,376 $86,901 $86,901 $215,376 $86,901 $86,901 $215,376 Median Net Worth Median Household MedianIncome Household Income Median Net Worth $215,376 $215,376 $86,901 $86,901 Median Median Household Household Income Income

5 mile radius 5 mile radius

3600 111th 3600 St, 111th Urbandale, St, Urbandale, Iowa, 50322 Iowa, 50322

Median Median Net Worth Net Worth

$266,527 $266,527 $69,647 $69,647 $266,527 $266,527 $69,647 $69,647 Median Median Home Value Home Value Median Median Disposable Disposable IncomeIncome Median Home Median Value Home ValueMedian Disposable Median Income Disposable Income $266,527 $266,527 $69,647 $69,647 Median Median Home Value Home Value

53% 53% 53% Bachelor's/Grad/Prof Degree 53% Bachelor's/Grad/Prof Bachelor's/Grad/Prof Degree Degree Bachelor's/Grad/Prof Degree

Median Median Disposable Disposable Income Income

BUSINESS BUSINESS BUSINESS BUSINESS

BUSINESS

BUSINESS BUSINESS

8,579 8,579 8,579 8,579 Total Businesses Total Businesses Total Businesses Total Businesses 8,579 8,579

132,223 132,223 132,223 132,223 Total Employees Total Employees Total Employees Total Employees 132,223 132,223

Total Businesses Total Businesses

Total Employees Total Employees

KEYFACTS FACTS KEY KEY FACTS KEY FACTS KEY FACTS

195,726 195,726 195,726 Total Population Total Population Total Population 195,726

214,907 214,907 214,907 Total Daytime Population Total Daytime Total Population Daytime Population 214,907

37.3 37.3 37.3 Median Age Median37.3 Age Median Age

80,664 80,664 80,664 Households Households Households 80,664

Total Population

Median Age

TRAFFIC TRAFFIC TRAFFIC TRAFFIC

TRAFFIC

TRAFFIC TRAFFIC

111,200 111,200 111,200 111,200 I-80 I-80 I-80 I-80 111,200 111,200

31,800 31,800 31,800 31,800 Douglas Douglas Ave Ave Ave Douglas Ave Douglas 31,800 31,800

This infographic contains data provided by American Community Survey (ACS), Esri, Esri and GfK I-80 I-80 Douglas Douglas Ave Ave MRI,data Esri provided and Data by Axle.

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Total Daytime Population

Households

EMPLOYMENT EMPLOYMENT EMPLOYMENT EMPLOYMENT EMPLOYMENT

2.3% 2.3% 2.3% Unemployment Rate 2.3% Unemployment Unemployment Rate Rate

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nearby

463 39 46 ATTRACTIONS

Grocers

Bars and Pubs

Coffee Shops

77

169

58

37

C-Stores

Retail Shopping

Hotels

Attractions/ Entertainment

Nearby Attractions

5 Mile Radius

463

39

Restaurants

40

46

$1,478

$2,259

Breakfast

Lunch

Dinner

P a t r i ci a

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Attractions/ Entertainment e

1 24

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Average Annual Spend per Household on Eating Out Doug l as Ave

Dr

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106th St

98th St

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© 2023 Esri v1.7 Source: The data in this infographic comes from Esri-U.S. BLS: 2022.

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112th St

Dr

122n d S t

1 2 4th St

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$1,478

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Breakfast

111th St

129

$470

104th St

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112th St

77

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Oa k Bro o k

Grocers

andSpend per Household Coffee AverageBars Annual on Eating Out Pubs Shops

1 00 t h St

3600 111th St, Urbandale, Iowa, 50322

98th St

Restaurants

40

FOR SALE WALNUT RIDGE Urbandale, Iowa 50322

ANGIE TESSAU, CCIM, SIOR 515.707.6889 angiet@knapplc.com

KOREY BIRKENHOLTZ 515.480.6596 korey@knapplc.com

All interested parties acknowledge that neither Seller nor any of Seller's officers or directors, nor Seller's employees, agents, representatives, or any other person or entity acting on behalf of Seller (hereafter, such persons and entities are individually and collectively referred to as the "Seller"), have made any representations, warranties or agreements (express or implied) by or on behalf of Seller as to any matters concerning the Property, the economic results to be obtained or predicted, or the present use thereof or the suitability for the possible intended use of the Property. Any documents furnished by Seller relating to the Property shall be deemed furnished as a courtesy to any interested party but without warranty or representation from Seller. All work done in connection with preparing the Property for the uses intended by any interested party shall be obtained and paid for by, and shall be the sole responsibility of the interested party. All investigations of proposed governmental laws and regulations, including land use laws and regulations to which the Property may be subject, shall be based on the review and determination of the applicability and effect of such laws and regulations by the interested party. Seller makes no representations concerning such laws and regulations.

Knapp Properties | 5000 Westown Parkway Suite 400 | West Des Moines, Iowa 50266 | P: 515.223.4000 | knappproperties.com