Medical Office with
New
For Sale
$950,000
6105 NW 86th Street, Johnston, IA 50131
CommercialSale, Office, Johnston, IA
Property Size4,259 SF
Lot Size1.94 Acres
Price / SF$223.06
Days on Market1
Property Features for 6105 NW 86th Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
PUD
Elementary school district
Johnston
Middle school district
Johnston
High school district
Johnston
Directions
Corner of NW 86th St and NW 62nd Ave in Johnston, east side of NW 86th St.
Subdivision
Johnston
Standard status
Active
APN
24100434521000
Lot size
1.94 Acres
Additional Details
Property Use
Office/Medical
Condition
Move-in Ready
Taxes and HOA fees
Tax Description
LT 1 CRESCENT CHASE PLAT 2
Tax Annual Amount
32488
Legal Description
LT 1 CRESCENT CHASE PLAT 2
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
covered drive-thru with two drive-up windows
building signage
Building Details
Year built
1998
Building materials
Brick, Frame
Roof type
Asphalt, Shingle
Architectural style
Other
Buildings
1
Listing Agency:
Space Simply
(515) 423-0899
Listed By:
Neil Timmins
(515) 556-9674
Added: Oct 27
Last Checked: Oct 27 at 9:06PM
MLS# 752026
Copyright © 2026 Des Moines Area Association 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.
This 4,259-square-foot, single-story brick medical office was built in 1998 on a 1.937-acre parcel. Its interior includes a reception and waiting area, private offices, exam and treatment rooms fitted with sinks and cabinetry, workrooms, and two restrooms. A covered drive-through with two service windows supports drive-up operations, while the site also provides about 50 parking spaces and building signage. Public water and sewer serve the property, which is zoned PUD.
The building occupies the corner of NW 86th Street and NW 62nd Avenue in Johnston. The reported daily traffic volume is approximately 15,576 vehicles, and nearby businesses include John Deere Financial, Corteva Agriscience, and Regus. Heating is natural gas forced air, with central air conditioning.
The building occupies the corner of NW 86th Street and NW 62nd Avenue in Johnston. The reported daily traffic volume is approximately 15,576 vehicles, and nearby businesses include John Deere Financial, Corteva Agriscience, and Regus. Heating is natural gas forced air, with central air conditioning.
Key Highlights
- 4,259‑square‑foot building on 1.937 acres
- Single‑story brick construction; built in 1998
- Covered drive‑through with two drive‑up windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,117
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,122,340
$1.1M
Cap Rate 7%
$801,671
$801.7K
Cap Rate 9%
$623,522
$623.5K
Market Conditions
NOI Build-Up for 4,259 SF
Gross rent
$93.5K $21.96/SF
− Vacancy
−$18.7K −$4.39/SF
EGI
$74.8K $17.57/SF
− OpEx
−$18.7K −$4.39/SF
NOI
$56.1K $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%
$1,122,340
Cap Rate 7%
$801,671
Cap Rate 9%
$623,522
Alternative Uses
Best Use
Office B
$801.7K
$701.5K – $935.3K
NOI $56,117 @ 7.0% cap · market cap 5.91%
Second Best
Healthcare Medical
$675.0K
$590.6K – $787.5K
NOI $47,250 @ 7.0% cap · market cap 4.97%
Theoretical Best
Flex RnD
$4.10M
$3.59M – $4.78M
NOI $286,989 @ 7.0% cap · market cap 30.21%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
322
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 50131, IA
24,434
Population
9,975
Households
2.4
Avg Household Size
37
Median Age
58%
College-Educated
97%
High-School Grad
23.7 sq mi
ZIP Area
1,031
Density / Sq Mi
$103,316
Median Household Income
$61,532
Median Earnings
$1,284
Median Rent
$347,100
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Single-story brick facility with clinical rooms, private offices, and covered drive-up service windows.
Where is this medical office space located?
The property is located at 6105 NW 86th Street Johnston, IA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 4,259‑square‑foot building on 1.937 acres; Single‑story brick construction; built in 1998; Covered drive‑through with two drive‑up windows
