Urbandale Auto Shop For
6400 Douglas Avenue Urbandale, IA 50322
For Sale
Contact for pricing
1,850 SF auto shop with two drive-in bays.
Property Size1,850 SF
Price / SF$270.27
Days on Market69
Property Features for 6400 Douglas Avenue
General Information
Standard status
Active
Size
1,850 SF
Property subtype
Retail
Listing Agency:
Metro Commercial Real Estate, LLC
Listed By:
Jacob Imming · License #73066000
Source:
Crexi
Added: May 21
Changed: Jul 10
Last Checked: Jul 27 at 5:23PM
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 Metro Commercial Real Estate, LLC
Investment Insights
Based on property information with market context.
This 1,850 square foot building is suitable for auto shops, automotive properties, retail spaces, and general commercial real estate. The property features two drive-in shop bays, an office, and a showroom/waiting room. The building has concrete floors and ample exterior parking. The property has potential for a dealership license.
Key Highlights
- 1,850 SF Building featuring concrete floors.
- Two drive‑in shop bays.
- Office showroom/waiting room.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.6k | $14.40 |
| − Vacancy | −$2.3k | −$1.22 |
| EGI | $24.4k | $13.18 |
| − OpEx | −$7.3k | −$3.95 |
| NOI | $17.1k | $9.22 |
1,850 SF · lease $14.40/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$243.8K
$213.3K – $284.4K
NOI $17,063 @ 7.0% cap · market cap 3.41%
Second Best
Industrial
$108.4K
$94.8K – $126.4K
NOI $7,586 @ 7.0% cap · market cap 1.52%
Theoretical Best
Flex RnD
$1.78M
$1.56M – $2.08M
NOI $124,660 @ 7.0% cap · market cap 24.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Lorenzo's 1 stop auto shop — 6306 Boston Ave, Urbandale, IA 50322
- Lane's Automotive Service and Repair — 6400 Douglas Ave, Urbandale, IA 50322
- Tires Plus — 3130 Merle Hay Rd, Des Moines, IA 50310
- Scott's Automotive, LLC — 2904 61st St, Des Moines, IA 50322
- Speedy Bee Auto Repair — 3206 68th St, Urbandale, IA 50322
Frequently Asked Questions
What type of property is this?
Auto shop - 1,850 SF auto shop with two drive-in bays.
Where is this auto shop located?
The property is located at 6400 Douglas Avenue Urbandale, IA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 1,850 SF Building featuring concrete floors.; Two drive‑in shop bays.; Office showroom/waiting room.
