33082 Ute Avenue Waukee, IA 50263
SINGLE_FAMILY - Waukee, IA
Property Features for 33082 Ute Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- C
- Standard status
- Active
- APN
- 1617100011
- Lot size
- 2.00 Acres
Taxes and HOA fees
- Tax Description
- 2AC NW COR NE NW LYG S & E OF HWY
- Tax Annual Amount
- 12528
Utilities
- Sewer type
- Septic Tank
- Heating system
- Natural Gas
- Cooling system
- Attic Fan, Central Air
- Water source
- Public
Building Details
- Year built
- 1985
- Building materials
- Frame, MetalSiding
- Architectural style
- Other
Listing agent Andrew Bruellman License #562640000 (515) 320-3653
Listing office RE/MAX Concepts 905 W Bridge Rd, IA (515) 276-2872
Listing date Jul 15, 2026
Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 33082 Ute Avenue in Waukee, Iowa, the property is described as providing quick access to Interstate 80 and the Ute Avenue interchange, supporting convenient transportation and day-to-day operations. The site is approximately 2 acres.
The building’s combination of warehouse capacity and functional office space makes it suitable for a range of commercial and industrial uses that need both work space and supporting administration.
Key Highlights
- Approximately 8,100 sq. ft. warehouse building built in 1985 with versatile commercial/industrial space
- Seven overhead garage bays plus expansive warehouse space for loading, storage, and operations
- Front reception area, three large private offices, kitchenette, and a full bathroom
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $177.9k | $21.96 |
| − Vacancy | −$35.6k | −$4.39 |
| EGI | $142.3k | $17.57 |
| − OpEx | −$35.6k | −$4.39 |
| NOI | $106.7k | $13.18 |
Alternative Uses
Property Analytics
Current Use by Public Records
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