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Insulated Warehouse Business Condo

198 W Gilbert Drive #S, Evansdale, IA 50707

For Lease
$895/Mo

The new-construction unit includes a reinforced concrete floor, trench drain with grease trap, and powered overhead door.

Space Size1,350 SF
Days on Market583

Property Features for 198 W Gilbert Drive #S

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
Available From 2025-05-01

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 $1,877

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: Apr 7, 2025 Changed: Nov 9 Last Checked: Nov 9 at 1:57PM

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 condo was built in 2023 and measures 30' x 45' x 16'. The interior is designed for insulated use, with R-21 wall insulation and an R-30 ceiling. A 4-inch reinforced concrete floor is served by a 5-inch x 6-foot trench drain and poly grease trap. The unit also has a 12' x 14' insulated overhead garage door with electric opener.

Electrical service includes a 100-amp panel and six quad outlets. Three 36,000-lumen high-bay LED fixtures are installed and wired. The space is zoned C and located in Evansdale, Iowa.

Key Highlights

  • 1,350‑square‑foot unit measuring 30' x 45' x 16'
  • R‑21 wall insulation and R‑30 ceiling insulation
  • 4‑inch rebar‑reinforced concrete floor with a 5‑inch x 6‑foot trench drain and poly grease trap

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Dental Office Restaurant Building Supply Big Box & Wholesale Store Pharmacy Auto Parts Store

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

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 - The new-construction unit includes a reinforced concrete floor, trench drain with grease trap, and powered overhead door.
Where is this warehouse located?
The property is located at 198 W Gilbert Drive #S 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 unit measuring 30' x 45' x 16'; R‑21 wall insulation and R‑30 ceiling insulation; 4‑inch rebar‑reinforced concrete floor with a 5‑inch x 6‑foot trench drain and poly grease trap
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