Carter Lake Warehouse Near
900 Avenue H Carter Lake, IA 51510
For Sale
Contact for pricing
Clean warehouse near airport with highway access for sale.
Property Size78,400 SF
Price / SF$98.21
Days on Market632
Property Features for 900 Avenue H
General Information
Standard status
Active
Size
78,400 SF
Property subtype
Industrial
Building Details
Year Built
2000
Listing Agency:
Colliers - Omaha, Nebraska
(402) 345-5866
Listed By:
Mike Potthoff · License #NE 20150270
Source:
Crexi
Added: Nov 5, 2024
Changed: Jul 10
Last Checked: Jul 29 at 3:50PM
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 Colliers - Omaha, Nebraska
Investment Insights
Based on property information with market context.
This 78,400-square-foot building is located near the airport and offers convenient access to I-480, I-680, I-80, I-29, and Hwy 75. The building features precast construction and clear heights ranging from 24 to 27 feet. It is equipped with an ESFR sprinkler system, 12 dock doors, and 6 drive-in doors. A large truck court is also present.
Key Highlights
- Convenient location near the airport and major highways (I‑480, I‑680, I‑80, I‑29, Hwy 75)
- Precast construction
- 24’ - 27’ clear height
Financial Insights For Warehouse
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 | $545.7k | $6.96 |
| − Vacancy | −$38.2k | −$0.49 |
| EGI | $507.5k | $6.47 |
| − OpEx | −$76.1k | −$0.97 |
| NOI | $431.3k | $5.50 |
78,400 SF · lease $6.96/SF/yr · vacancy 7.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$6.16M
$5.39M – $7.19M
NOI $431,347 @ 7.0% cap · market cap 5.60%
Second Best
Industrial
$5.07M
$4.44M – $5.92M
NOI $355,227 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$14.97M
$13.10M – $17.47M
NOI $1,048,096 @ 7.0% cap · market cap 13.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Carter Lake Boat & RV Storage — 516 E Locust St, Carter Lake, IA 51510
- General Storage — 2701 N 5th St, Carter Lake, IA 51510
- Armor Storage - I-29 — 912 N 35th St, Council Bluffs, IA 51501
- Village Near-by Self Storage Units - Carter Lake IA — 151 8th ave, carter lake, ia 51510
Frequently Asked Questions
What type of property is this?
Warehouse - Clean warehouse near airport with highway access for sale.
Where is this warehouse located?
The property is located at 900 Avenue H Carter Lake, IA.
What is the asking price?
The asking price for this property is $7,700,000.
What are key features of this property?
This property features: Convenient location near the airport and major highways (I‑480, I‑680, I‑80, I‑29, Hwy 75); Precast construction; 24’ - 27’ clear height
