Veterinary Medical
3350 SE 82nd Street, Runnells, IA 50237
For Sale
$1,000,000
Commercial Sale, Runnells, IA
Property Size6,600 SF
Lot Size2.87 Acres
Price / SF$156.40
Days on Market51
Property Features for 3350 SE 82nd Street
General Information
Property type
Property subtype
Zoning
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Property Use
Condition
Medical Specialty
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Amenities
operating room
recovery room
dedicated pharmacy build-out
in-floor radiant heat
two boiler systems
dual crane lifts
4-foot wide doorways
X-ray lighting built into the walls
microbial floor coating
integrated fly system
pressure washer
8 interior stalls
kitchen
2 bathrooms
Building Details
Year built
Floors in Building
Flooring type
Roof type
Buildings
Listing Agency:
RE/MAX REAL ESTATE CENTER · RE/MAX International
2324663
Listed By:
Real Estate Team, Jennings · License IA S39814
(515) 291-8720
Added: Sep 25
Changed: Oct 27
Last Checked: Nov 14 at 12:06AM
MLS# 71368
Copyright © 2026 Central Iowa Board of Realtors, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1995 and remodeled approximately 5–6 years ago, this veterinary clinic includes an operating room, recovery room, and dedicated pharmacy build-out. Eight interior stalls support animal care, while 4-foot-wide doorways accommodate large animals. Additional features include in-floor radiant heat, two boiler systems, dual crane lifts, X-ray lighting integrated into the walls, microbial floor coating, a fly system, and a pressure washer. The building also has a kitchen and two bathrooms, with concrete flooring, central air, and a metal roof.
The property occupies 2.87 acres and includes 5,920 SF of asphalt paving. A 60x120 covered arena, totaling 7,200 SF, is directly adjacent on a neighboring parcel and is available for separate purchase.
The property occupies 2.87 acres and includes 5,920 SF of asphalt paving. A 60x120 covered arena, totaling 7,200 SF, is directly adjacent on a neighboring parcel and is available for separate purchase.
Key Highlights
- Operating room, recovery room, and dedicated pharmacy build‑out
- Eight interior stalls and 4‑foot‑wide doorways for large animal access
- In‑floor radiant heat, two boiler systems, and dual crane lifts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,247
Cap Rate
8.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,684,940
$1.7M
Cap Rate 7%
$1,203,529
$1.2M
Cap Rate 9%
$936,078
$936.1K
Market Conditions
NOI Build-Up for 6,394 SF
Gross rent
$140.4K $21.96/SF
− Vacancy
−$28.1K −$4.39/SF
EGI
$112.3K $17.57/SF
− OpEx
−$28.1K −$4.39/SF
NOI
$84.2K $13.18/SF
Area
Polk County, IA
Vacancy
20.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,684,940
Cap Rate 7%
$1,203,529
Cap Rate 9%
$936,078
Alternative Uses
Best Use
Office B
$1.20M
$1.05M – $1.40M
NOI $84,247 @ 7.0% cap · market cap 8.42%
Second Best
Healthcare Medical
$1.01M
$886.7K – $1.18M
NOI $70,936 @ 7.0% cap · market cap 7.09%
Theoretical Best
Office A
$1.57M
$1.38M – $1.84M
NOI $110,231 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 50237, IA
3,153
Population
1,369
Households
2.3
Avg Household Size
43
Median Age
32%
College-Educated
97%
High-School Grad
48.5 sq mi
ZIP Area
65
Density / Sq Mi
$92,667
Median Household Income
$64,327
Median Earnings
$765
Median Rent
$326,300
Median Home Value
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Market
Properties on Market for Medical Office Space in Polk County
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Equine Referral Clinic — 3350 SE 82nd St, Runnells, IA 50237
Frequently Asked Questions
What type of property is this?
Medical Office Space - Clinical improvements include an operating room, recovery space, pharmacy build-out, and eight interior stalls.
Where is this medical office space located?
The property is located at 3350 SE 82nd Street Runnells, IA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Operating room, recovery room, and dedicated pharmacy build‑out; Eight interior stalls and 4‑foot‑wide doorways for large animal access; In‑floor radiant heat, two boiler systems, and dual crane lifts
