Huxley Industrial Property For
For Sale
$3,700,000
1545 Blue Sky Blvd, Huxley, IA 50124
Industrial property available for purchase in Huxley, Iowa.
Property Size26,320 SF
Days on Market83
Property Features for 1545 Blue Sky Blvd
General Information
Standard status
Active
Size
26,320 SF
Property subtype
Industrial - Manufacturing
Building Details
Building Size
26,320 SF
Listing Agency:
Denny Elwell Company
(515) 964-1587
Listed By:
Blake Brown · License #S56688000
Source:
Commercialcafe
Added: May 19
Changed: Aug 8
Last Checked: Jul 16 at 2:49AM
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 Denny Elwell Company
Investment Insights
Based on property information with market context.
An industrial property is available for sale, situated at 1545 Blue Sky Blvd in Huxley, Iowa. The property is suitable for manufacturing and other commercial real estate purposes.
Key Highlights
- Industrial property available for purchase.
- Located in Huxley, Iowa.
- Additional property details available.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$126,502
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,530,040
$2.5M
Cap Rate 7%
$1,807,171
$1.8M
Cap Rate 9%
$1,405,578
$1.4M
Market Conditions
NOI Build-Up for 26,320 SF
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.
Gross rent
$192.7K $7.32/SF
− Vacancy
−$11.9K −$0.45/SF
EGI
$180.7K $6.87/SF
− OpEx
−$54.2K −$2.06/SF
NOI
$126.5K $4.81/SF
Area
Story County, IA
Vacancy
6.20%
Lease Rate
$7.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,530,040
Cap Rate 7%
$1,807,171
Cap Rate 9%
$1,405,578
Alternative Uses
Best Use
Industrial
$1.81M
$1.58M – $2.11M
NOI $126,502 @ 7.0% cap · market cap 3.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.15M
$5.38M – $7.18M
NOI $430,553 @ 7.0% cap · market cap 11.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
Demographics for 50124, IA
4,697
Population
1,717
Households
2.7
Avg Household Size
34
Median Age
58%
College-Educated
98%
High-School Grad
20.7 sq mi
ZIP Area
227
Density / Sq Mi
$122,974
Median Household Income
$63,682
Median Earnings
$1,260
Median Rent
$299,900
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial property available for purchase in Huxley, Iowa.
Where is this manufacturing property located?
The property is located at 1545 Blue Sky Blvd Huxley, IA.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Industrial property available for purchase.; Located in Huxley, Iowa.; Additional property details available.
