Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10Th St Waukee, IA 50263
    Back to Search
    Property profile & analytics

    10Th St Waukee, IA 50263

    View on Map
    • Retail properties & Spaces
    • 1.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 10Th St

    Lot size
    1.00 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Land

    Description

    This exceptional office space, located in the heart of Downtown Cartersville, offers a rare opportunity to lease a highly desirable, renovated space. The 156 to 312 square foot unit is part of a larger, well-maintained, single-story building (3,576 total square feet) constructed in 1970. The space features new flooring and paint, creating a modern and inviting atmosphere. Utilities, including power, water, sewer, and trash removal, are included in the monthly rent of $400. Tenants are responsible for their own phone and internet services. Access is via a shared exterior door and hallway, with two shared restrooms. An additional, similarly sized office is available at the same rate. Ample unassigned paved parking is available for tenants and guests (50 spaces total). The property sits on 1.02 acres of land and is zoned MU City of Cartersville, allowing for monument signage. The building boasts central heat and air and is of tilt-up concrete construction. Additional non-climate-controlled storage may be available for lease. The space is ready for immediate occupancy on September 16th, 2024. Enjoy the convenience of walking distance to downtown restaurants and businesses.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waukee
    County
    Dallas
    State
    Iowa
    Longitude
    -93.8915
    Latitude
    41.6218

    Comparable in this City

    • Value Estimation by Request
      33.50 Acres

      225 Rd

      Land • 187,000 SF
      225 Rd, Waukee, IA 50263
      View Details
    • Value Estimation by Request
      29.86 Acres

      The Kess

      Residential income properties • 29.86 Acres
      0 The Kess, Waukee, IA 50263
      View Details
    • Value Estimation by Request
      1.20 Acres

      1200 Kettlestone Blvd

      Restaurants • 1.20 Acres
      1200 Kettlestone Blvd, Waukee, IA 50263
      View Details
    • Value Estimation by Request
      405,108 SF

      33240 Ute Ave

      Restaurants • 405,108 SF
      33240 Ute Ave, Waukee, IA 50263
      View Details
    • Value Estimation by Request
      1.22 Acres

      University Ave

      Land • 1 SF
      0 University Ave, Waukee, IA 50263
      View Details
    • Value Estimation by Request
      1.25 Acres

      1014 Hickman Rd

      Neighborhood centers • 9,000 SF
      1014 Hickman Rd, Waukee, IA 50263
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Waukee Retail Opportunity For Sale

      1.43 acre retail opportunity in Waukee, Iowa.
      1045 SE Rd Alice's, Waukee, IA 50263
      View Details
    • $1,795,662
      405,108 SF

      Waukee Mixed-Use Land Investment

      9.3 Acres, I-80 Access, High Growth
      33240 Ute Ave, Waukee, IA 50263
      View Details
    • New
      $7,242,000
      144.84 Acres

      Development Land in Growing Waukee

      144.84 acres of development-ready land in Waukee, Iowa.
      T Ave & Douglas Pkwy, Waukee, IA 50263
      View Details
    • Contact for pricing
      1.00 Acre

      Prime Waukee Commercial Land

      Hickman Road development opportunity.
      1250 Hickman Rd, Waukee, IA 50263
      View Details
    • Contact for pricing

      Waukee Development Land For Sale

      Development land available for purchase in Waukee, Iowa.
      1625 NW Gettysburg Ln, Waukee, IA 50263
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Waukee Pad Site For Lease

      1.1 acre pad site available for ground lease or build-to-suit.
      405 E Hickman Rd, Waukee, IA 50263
      View Details
    • Contact for pricing

      Prime Commercial Land Opportunity

      Land available for ground lease or build-to-suit in Waukee.
      1014 E Hickman Rd, Waukee, IA 50263
      View Details
    • Contact for pricing

      Prime Land Near I-80 Exit

      Located off I-80 in fast-growing Waukee, Iowa.
      1200 SE Kettlestone Blvd, Waukee, IA 50263
      View Details
    • $28 SF/Yr
      12,090 SF

      Alder Point Retail Center

      Waukee, IA: Prime Retail Space Available
      0 Waukee Ia, Waukee, IA 50263
      View Details
    • Contact for pricing
      16,000 SF

      Kettlestone Central Retail Space

      Waukee, IA Retail Center Opportunity
      0 Tallgrass Ln, Waukee, IA 50263
      View Details
    • Contact for pricing
      47,916 SF

      Waukee Commercial Land: Prime Location

      High-traffic location, build-to-suit or ground lease.
      405 E Hickman Rd, Waukee, IA 50263
      View Details
    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.
    10Th St
    Waukee, IA 50263
    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

    Thank You for Inquiry
    10Th St, Waukee, IA, 50263
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!