Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4771 NW 2Nd St Des Moines, IA 50313

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    23,698 SF warehouse with outdoor storage available for rent.

    Lot size:
    1.41 Acres

    Property Features for 4771 NW 2Nd St

    General Information

    Lot size
    1.41 Acres

    We can help!

    Listing Contact
    Carson Hughes
    Source: Moodyscre

    Listing Agency: Denny Elwell Company Listing Agent: Carson Hughes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Warehouse with Fenced Outdoor Storage

    This 23,698 square foot warehouse includes 4,640 square feet of finished space. The property is situated on 3.25 acres and features fenced-in outdoor storage. It has 6 drive-in doors and a clear height of 14 to 17 feet. Outdoor storage is available for an additional monthly fee. The property is located at the intersection of the I-80/I-35 and 2nd Avenue Industrial District.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mau Marine Training Center

    Suggested Use

    Restaurant Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Hotel & Motel Auto Parts Store Department Store Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Des Moines
    County
    Polk
    State
    Iowa
    Longitude
    -93.6190584
    Latitude
    41.647392

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      IA, Des Moines - Grand Ave

      Flexible workspace in NV, Reno - 300 E 2nd St
      2323 Grand Ave, Des Moines, IA 50312
      View Details
    • Contact for pricing

      Hub Tower

      Discover many ways to work your way in Hub Tower
      699 Walnut St, Des Moines, IA 50309
      View Details
    • $8 SF/Yr
      158,557 SF

      Class A Office Retail Building

      Eight-story Class A office and retail building in downtown Des Moines.
      400 Locust St, Des Moines, IA 50309
      View Details
    • $9 SF/Yr

      Des Moines Flex/Industrial Building

      15,034 SF office/warehouse on 1.18-acre lot.
      1801 2Nd Ave, Des Moines, IA 50314
      View Details
    • $17 SF/Yr
      7,689 SF

      Downtown Des Moines Office Space

      Historic office building with unique architecture and high-end finishes.
      1420 Locust St, Des Moines, IA 50309
      View Details
    • Contact for pricing

      Des Moines Office/Warehouse Opportunity

      29,342 SF building on 2.275 acres for sale/lease.
      2701 Delaware Ave, Des Moines, IA 50317
      View Details
    • $14 SF/Yr
      10,401 SF

      East Village Contemporary Office Space

      Modern 10,401 SF office in vibrant urban environment.
      505 East Grand Ave, Des Moines, IA 50309
      View Details
    • $18 SF/Yr
      4,539 SF

      Retail/Office Space in Mixed-Use Building

      Trendy retail or office space in a modern urban neighborhood.
      210 Southwest 11Th St, Des Moines, IA 50309
      View Details
    • $18 SF/Yr
      17,373 SF

      Des Moines Landmark Lofts

      Renovated lofts with ground floor commercial space in Des Moines.
      717 Locust St, Des Moines, IA 50309
      View Details
    • Contact for pricing
      152,854 SF

      Modern Space in DMU32 Complex

      152,854 SF building with flexible space and amenities.
      3300 Grand Ave, Des Moines, IA 50312
      View Details
    • $22 SF/Yr
      152,854 SF

      Grand Avenue Office and Clinic

      First-class office and clinic space with parking ramp.
      3200 Grand Ave, Des Moines, IA 50312
      View Details
    • $34 SF/Yr
      9,602 SF

      Ingersoll Avenue Retail Space Available

      Versatile ground-level retail space in a modern, sustainable building.
      3402 Ingersoll Ave, Des Moines, IA 50312
      View Details

    FAQs

    What type of property is this?
    Warehouse - 23,698 SF warehouse with outdoor storage available for rent.
    Where is this warehouse located?
    The property is located at 4771 NW 2Nd St Des Moines, IA.
    What are key features of this property?
    This property features: - Conveniently Located at the Intersection of the I-80/I-35 and 2nd Avenue Industrial District; - 23,698 SF Warehouse with **4,640 SF Finished Space**; - Situated on **3.25 Acres with Fenced-In Outdoor Storage**
    (515) 964-1587 Call to check price and availability
    Request Owner's contact information
    4771 NW 2Nd St Des Moines, IA 50313
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4771 NW 2Nd St
    Des Moines, IA 50313
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4771 NW 2Nd St Des Moines, IA 50313
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Carson Hughes
    (515) 964-1587 (515) 314-9146
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!