Search
Industrial Flex Building with Two Bays
For Sale
Contact for pricing

804 SW Cherry St, Ankeny, IA 50023

Industrial building with two bays, natural-gas radiant heat, and a new rooftop A/C for the front bay.

Property Size21,120 SF
Days on Market121

Property Features for 804 SW Cherry St

General Information

Standard status Active
Size 21,120 SF
Property subtype Industrial
Occupancy 100%
Listing Agency: Keller Williams Ankeny Metro
Listed By: Tom Butler · License #S58866000
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 5:46PM

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 Keller Williams Ankeny Metro

Investment Insights

Based on property information with market context.

This industrial flex building totals 21,120 square feet and is currently divided into two bays: one 15,000 square feet and one 6,120 square feet. The property is equipped with natural gas-fired radiant heaters for the building. The front bay is also cooled by a new rooftop A/C unit.

The building is currently fully leased, with the option to vacate if necessary. It was constructed to be demised into 10 suites, supporting flexibility for future reconfiguration.

For owner-operators or investors seeking a multi-bay industrial layout, this property offers an arrangement designed for potential split-suit occupancy while maintaining centralized building systems.

Key Highlights

  • 21,120 SF industrial building currently fully leased (can be vacated if necessary)
  • Divided into two bays: 15,000 SF bay and 6,120 SF bay
  • Heated throughout with natural gas fired radiant heaters

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Grocery & Convenience Store (Bike/Boat/Book/etc) Store Accounting Firm Veterinary Clinic Catering Service

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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

656
Businesses Nearby
Balanced
Demand for This Use

Demographics for 50023, IA

43,603
Population
17,822
Households
2.4
Avg Household Size
34
Median Age
55%
College-Educated
99%
High-School Grad
21.0 sq mi
ZIP Area
2,076
Density / Sq Mi
$113,914
Median Household Income
$59,891
Median Earnings
$1,191
Median Rent
$327,200
Median Home Value

Market

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Hy-Vee Catering 410 N Ankeny Blvd, Ankeny, IA 50021

Frequently Asked Questions

What type of property is this?
Flex space - Industrial building with two bays, natural-gas radiant heat, and a new rooftop A/C for the front bay.
Where is this flex space located?
The property is located at 804 SW Cherry St Ankeny, IA.
What are key features of this property?
This property features: 21,120 SF industrial building currently fully leased (can be vacated if necessary); Divided into two bays: 15,000 SF bay and 6,120 SF bay; Heated throughout with natural gas fired radiant heaters
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message