Huxley Industrial Property with
201 Campus Drive Huxley, IA 50124
For Sale
$4,000,000
Industrial space with offices, conference rooms, and cafeteria.
Property Size56,596 SF
Price / SF$70.68
Days on Market64
Property Features for 201 Campus Drive
General Information
- Standard status
- Active
- Size
- 56,596 SF
- Property subtype
- Industrial
Listing Agency:
CBRE - Des Moines
(515) 415-6114
Listed By:
Ajdin Nadarevic · License #S700000000
(515) 415-6114
Source:
Cbre
Added: May 22
Changed: Jul 10
Last Checked: Jul 24 at 11:04AM
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 CBRE - Des Moines
Investment Insights
Based on property information with market context.
The property at 201 Campus Drive is located in Huxley, Iowa, providing strategic positioning with convenient access to major highways and close proximity to both Des Moines and Ames. The property is suitable for businesses seeking connectivity and growth opportunities. Constructed between 1992 and 2005, the property is zoned for industrial use. The building features industrial space, offices, conference rooms, a training classroom, and a cafeteria. It includes 4 dock doors and 3 drive-in doors. The property is located 4 miles from I-35. The property size is 56596 square feet.
Key Highlights
- Strategic location with easy access to major highways and proximity to Des Moines and Ames.
- Industrial zoning suitable for various business operations.
- Features offices, conference rooms, a training classroom, and a cafeteria.
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 | $414.3k | $7.32 |
| − Vacancy | −$25.7k | −$0.45 |
| EGI | $388.6k | $6.87 |
| − OpEx | −$116.6k | −$2.06 |
| NOI | $272.0k | $4.81 |
56,596 SF · lease $7.32/SF/yr · vacancy 6.20% · expense 30.00%
Alternative Uses
Best Use
Industrial
$3.89M
$3.40M – $4.53M
NOI $272,018 @ 7.0% cap · market cap 6.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.23M
$11.57M – $15.43M
NOI $925,820 @ 7.0% cap · market cap 23.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kreg tool
Industrial Manufacturer
FAQs
What type of property is this?
Industrial property - Industrial space with offices, conference rooms, and cafeteria.
Where is this industrial property located?
The property is located at 201 Campus Drive Huxley, IA.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Strategic location with easy access to major highways and proximity to Des Moines and Ames.; Industrial zoning suitable for various business operations.; Features offices, conference rooms, a training classroom, and a cafeteria.