3398 Nolan-Carney Drive Perry, IA 50220
COMMERCIAL - Perry, IA
Property Features for 3398 Nolan-Carney Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- Industrial
- Standard status
- Active
- APN
- 0214226001
- Size
- 12,400 SF
- Lot size
- 2.86 Acres
Taxes and HOA fees
- Tax Description
- PERRY INDUSTRIAL PARK LOT 3
- Tax Annual Amount
- 308
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 1
- Flooring type
- Concrete
- Building materials
- Steel Frame
- Roof type
- Metal
Listing agent Betts Team License #B67497 2324663
Listing office RE/MAX REAL ESTATE CENTER 1606 SO. DUFF, AMES, IA 2324663
Listing date Feb 13, 2026
Copyright © 2026 Central Iowa Board 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.
Key Highlights
- 12,400 sq ft of flexible, wide‑open industrial space.
- Located in Perry Industrial Park and zoned Industrial.
- Eight 14‑foot‑tall drive‑in doors for efficient access.
Local Financial Insights For Industrial
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 | $78.9k | $6.36 |
| − Vacancy | −$6.2k | −$0.50 |
| EGI | $72.6k | $5.86 |
| − OpEx | −$21.8k | −$1.76 |
| NOI | $50.8k | $4.10 |
