11 College Ave, Des Moines, IA
13,400 SF warehouse on 0.843 acres in Des Moines.
- Added:
- Oct 15, 2025
- Days on Market:
- 246
- Last Refresh:
- May 20 at 8:17 pm
Property Features for 11 College Ave
General Information
- Standard status
- Active
- Size
- 13,400 SF
- Lot size
- 0.85 Acres
- Property subtype
- INDUSTRIAL
Listing agent Tanner Hedstrom License #S67748000 (515) 745-2734
Listing office JLL (515) 218-7010
Listing date Oct 15, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of JLL
HighLights
- 13,400 SF Available, perfect for various industrial uses.
- Sale Price: $950,000
- Located in the Heart of Des Moines, offering excellent accessibility.
- Zoning: I1 - Industrial
- Three Drive‑in Doors for convenient access.
- One Dock Door.
Overview
Local Financial Insights For Warehouse
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 | $80.4k | $6.00 |
| − Vacancy | −$6.4k | −$0.47 |
| EGI | $74.0k | $5.53 |
| − OpEx | −$11.1k | −$0.83 |
| NOI | $62.9k | $4.70 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Des Moines
- County
- Polk
- State
- Iowa
- Longitude
- -93.6142
- Latitude
- 41.6079
