Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    E 1st Street Huxley, IA 50124

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Land available in the rapidly growing Des Moines Metro suburb.

    Type:Land
    Added:
    Oct 7, 2024
    Days on Market:
    566
    Last Refresh:
    Mar 17 at 1:13 pm

    Property Features for E 1st Street

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Ben Probst

    Listing agent Ben Probst License #S700000000

    Listing office CBRE - Des Moines

    Listing date Oct 7, 2024

    Source Crexi

    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 CBRE - Des Moines

    Overview

    Land in Growing Huxley Community

    Located just north of Ankeny, in Huxley, Iowa, this land benefits from the Des Moines Metro's rapid suburban expansion. Huxley has developed into a well-rounded community and has experienced consistent growth over the past decade due to its location between Des Moines and Ames.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Huxley
    County
    Story
    State
    Iowa
    Longitude
    -93.607194
    Latitude
    41.89256

    Nearby Similar for Sale

    • $179,900

      Residential Land in Growing Huxley

      Over half acre walkout lot in Blue Sky Estates.
      1424 Trail Creek Road, Huxley, IA 50124
      View Details
    • $89,000

      Residential Land in Blue Sky Estates

      Residential lots in Huxley, near Heart of Iowa Trailhead.
      1410 Sky View Boulevard, Huxley, IA 50124
      View Details
    • $175,000

      Residential Land in Blue Sky Estates

      Land for sale in Huxley's Blue Sky Estates development.
      1416 Trail Creek Road, Huxley, IA 50124
      View Details
    • $77,500

      Residential Land in Blue Sky Estates

      Residential land for sale in Huxley's Blue Sky Estates.
      1403 Trail Creek Road, Huxley, IA 50124
      View Details
    • $150,000

      Residential Land in Blue Sky Estates

      Residential land for sale in Huxley's Blue Sky Estates.
      1432 Trail Creek Road, Huxley, IA 50124
      View Details
    • $287,000

      Commercial Lot in Growing Huxley

      Prime commercial lot in Anthem development, Huxley, Iowa. High visibility.
      600 S Main Avenue, Huxley, IA 50124
      View Details
    • $287,000

      Commercial Lot in Growing Huxley

      Prime commercial lot in Anthem development, Huxley, Iowa.
      600 S Main Avenue, Huxley, IA 50124
      View Details
    • $145,000

      Residential Land in Huxley, Iowa

      Home lots in a thriving Central Iowa community.
      1105 Willow Drive, Huxley, IA 50124
      View Details
    • $535,000

      Commercial Lot in Growing Huxley

      Prime commercial lot in Anthem development, Huxley, Iowa.
      400 W Anthem Drive, Huxley, IA 50124
      View Details
    • $459,000

      Commercial Lot in Growing Huxley

      Prime commercial lot in a rapidly expanding, vibrant community.
      100 W Anthem Drive, Huxley, IA 50124
      View Details
    • $535,000

      Commercial Lot in Growing Huxley

      Prime commercial lot in a rapidly expanding, vibrant community.
      400 W Anthem Drive, Huxley, IA 50124
      View Details
    • $459,000

      Commercial Lot in Huxley, Iowa

      Prime commercial lot in a rapidly expanding and vibrant community.
      100 W Anthem Drive, Huxley, IA 50124
      View Details

    FAQs

    What type of property is this?
    Land - Land available in the rapidly growing Des Moines Metro suburb.
    Where is this land located?
    The property is located at E 1st Street Huxley, IA.
    What are key features of this property?
    This property features: Located just north of Ankeny, a fast‑growing suburb of Des Moines.; Situated between Des Moines and Ames.; Huxley is a well‑rounded community.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Ben Probst
    Real Estate License ID: S700000000
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!