Huxley Industrial Property with
For Sale
$4,000,000
201 Campus Drive, Huxley, IA 50124
Industrial space with offices, conference rooms, and cafeteria.
Property Size56,596 SF
Price / SF$70.68
Days on Market146
Property Features for 201 Campus Drive
General Information
Standard status
Active
Size
56,596 SF
Property subtype
Industrial
Listing Agency:
CBRE - Des Moines
Listed By:
Ajdin Nadarevic · License #F03815000
(515) 415-6114
Source:
Cbre
Added: May 22
Changed: Oct 1
Last Checked: Oct 12 at 6:47PM
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
Estimated NOI and Cap Rate
NOI / Yr
$272,018
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,440,360
$5.4M
Cap Rate 7%
$3,885,971
$3.9M
Cap Rate 9%
$3,022,422
$3.0M
Market Conditions
NOI Build-Up for 56,596 SF
Gross rent
$414.3K $7.32/SF
− Vacancy
−$25.7K −$0.45/SF
EGI
$388.6K $6.87/SF
− OpEx
−$116.6K −$2.06/SF
NOI
$272.0K $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 Rate 5%
$5,440,360
Cap Rate 7%
$3,885,971
Cap Rate 9%
$3,022,422
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 authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
194
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
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.
