Flex Building with Fenced
1427 Northwest 81st Street, Clive, IA 50325
For Sale
Contact for pricing
C2-zoned property combines office and warehouse areas with overhead-door access.
Property Size6,655 SF
Price / SF$82.49
Days on Market104
Property Features for 1427 Northwest 81st Street
General Information
Standard status
Size
Property subtype
Zoning
Investment Type
Site & Location
Road Access
Fenced Yard
Warehouse & Industrial
Warehouse Space
Office Build-Out
Amenities
Washer/Dryer Hookups
Building Details
Year Built
Buildings
Units
Building Size
Listing Agency:
CDM Real Estate Services
Listed By:
Jesse Caston · License IA S58006000
(515) 901-3403
Source:
Crexi
Added: Jul 29
Changed: Oct 28
Last Checked: Nov 8 at 6:44AM
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 CDM Real Estate Services
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,655 SF flex property, constructed in 1986, combines approximately 3,000 SF of office area with 3,655 SF of warehouse space. The warehouse component is divided into two areas and includes overhead doors, while washer/dryer hookups add practical utility. A fenced yard is also part of the property.
Zoned C2, the building is positioned on Northwest 81st Street in Clive, just north of University Boulevard. The configuration brings office and warehouse functions together within one commercial property, with the site layout supporting businesses that require both administrative and storage or work areas.
Zoned C2, the building is positioned on Northwest 81st Street in Clive, just north of University Boulevard. The configuration brings office and warehouse functions together within one commercial property, with the site layout supporting businesses that require both administrative and storage or work areas.
Key Highlights
- 6,655 SF flex building constructed in 1986
- Approximately 3,000 SF of office space
- 3,655 SF of warehouse space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,290
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$745,800
$745.8K
Cap Rate 7%
$532,714
$532.7K
Cap Rate 9%
$414,333
$414.3K
Market Conditions
NOI Build-Up for 6,655 SF
Gross rent
$62.3K $9.36/SF
− Vacancy
−$4.9K −$0.74/SF
EGI
$57.4K $8.62/SF
− OpEx
−$20.1K −$3.02/SF
NOI
$37.3K $5.60/SF
Area
Polk County, IA
Vacancy
7.90%
Lease Rate
$9.36 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$745,800
Cap Rate 7%
$532,714
Cap Rate 9%
$414,333
Alternative Uses
Best Use
Office B
$1.25M
$1.10M – $1.46M
NOI $87,686 @ 7.0% cap · market cap 15.97%
Second Best
Flex RnD
$532.7K
$466.1K – $621.5K
NOI $37,290 @ 7.0% cap · market cap 6.79%
Theoretical Best
Office A
$1.64M
$1.43M – $1.91M
NOI $114,730 @ 7.0% cap · market cap 20.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,045
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 50325, IA
18,619
Population
7,455
Households
2.5
Avg Household Size
39
Median Age
60%
College-Educated
95%
High-School Grad
7.7 sq mi
ZIP Area
2,418
Density / Sq Mi
$131,082
Median Household Income
$63,495
Median Earnings
$1,099
Median Rent
$379,000
Median Home Value
Market
Average Price Trend$/SF for Flex space in Polk County, IA
Properties on Market for Flex space in Polk County
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Hy-Vee Catering — 7101 University Ave, Windsor Heights, IA 50324
Frequently Asked Questions
What type of property is this?
Flex space - C2-zoned property combines office and warehouse areas with overhead-door access.
Where is this flex space located?
The property is located at 1427 Northwest 81st Street Clive, IA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 6,655 SF flex building constructed in 1986; Approximately 3,000 SF of office space; 3,655 SF of warehouse space
