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Insulated Warehouse Business Condo

198 W Gilbert Drive #R, Evansdale, IA 50707

For Lease
$895/Mo

Zoned C, the 2023-built space includes an electric overhead door and a separate keypad-entry door.

Space Size1,350 SF
Days on Market257

Property Features for 198 W Gilbert Drive #R

General Information

Standard status Active
Size 1,350 SF
Net Rentable 1,350 SF
Zoning C

Space & Availability

Available Space 1,350 SF
Contiguous Space 1,350 SF
Space Use Warehouse

Warehouse & Industrial

Clear Height 16 ft
Warehouse Space 1,350 SF
Drive-In Doors 1
Power 100 amps
Drive-In Door Height 14 ft

Taxes and HOA fees

Annual Taxes $2,014

Building Details

Building Size 1,350 SF
Year Built 2023
Listing Agency: Fischels Commercial Group
Listed By: Chris Fischels · License IA B44779000
Source: Gnbrealestate
Added: Feb 27 Changed: Nov 9 Last Checked: Nov 9 at 1:58PM

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 Fischels Commercial Group

Rey
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Investment Insights

Based on property information with market context.

This 1,350-square-foot warehouse business condominium was built in 2023 and is configured with 30-by-45-foot dimensions and 16-foot height. The interior features insulated metal finishes, R-21 wall insulation, and an R-30 ceiling. Its 4-inch reinforced concrete floor includes a trench drain connected to a poly grease trap. Access is provided by an insulated 12-by-14-foot powered garage door and a steel walk-in door with keypad entry.

Electrical service includes a 100-amp panel and six quad outlets. Three high-bay LED fixtures and a wall-mounted exterior light provide installed lighting. A 6-by-5-foot bathroom contains a toilet, utility sink, water heater, baseboard heater, exhaust fan and light, and GFI outlet. The property is in Evansdale, Iowa, and is zoned C.

Key Highlights

  • 1,350‑square‑foot warehouse condominium built in 2023
  • 30'x45'x16' interior dimensions
  • R‑21 wall insulation and R‑30 ceiling insulation

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Restaurant Law Firm Big Box & Wholesale Store Hair Salon Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft
Clear height
1
Drive-in doors
NNN (Triple Net)
Lease Type
$1.19 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

45
Businesses Nearby
Well-served
Demand for This Use

Demographics for 50707, IA

7,708
Population
3,555
Households
2.2
Avg Household Size
42
Median Age
14%
College-Educated
90%
High-School Grad
8.2 sq mi
ZIP Area
940
Density / Sq Mi
$61,451
Median Household Income
$32,815
Median Earnings
$922
Median Rent
$142,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF/Yr for Warehouses in Black Hawk County, IA

$5.69 Jul
$6.34 Aug
$6.43 Sep
$7.17 Oct

Properties on Market for Warehouses in Black Hawk County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • D & S Self Storage — 3759 Lafayette Rd, Evansdale, IA 50707
  • Prime Storage — 206 N Evans Rd, Evansdale, IA 50707

Frequently Asked Questions

What type of property is this?
Warehouse - Zoned C, the 2023-built space includes an electric overhead door and a separate keypad-entry door.
Where is this warehouse located?
The property is located at 198 W Gilbert Drive #R Evansdale, IA.
What is the lease rate?
The lease rate is $895/Mo.
What are key features of this property?
This property features: 1,350‑square‑foot warehouse condominium built in 2023; 30'x45'x16' interior dimensions; R‑21 wall insulation and R‑30 ceiling insulation
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