Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7305 Crosswinds Dr Ankeny, IA 50317

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7305 Crosswinds Dr Ankeny, IA 50317

    View on Map
    • Warehouses
    • 221,520 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 7305 Crosswinds Dr

    Year built
    2021
    Property size
    221,520 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional Class A industrial property, Crosswind Business Park II, offers 26,000 square feet of immediately available warehouse space in a multi-tenant distribution center. Built in 2021, this single-story building boasts a total of 221,520 square feet and features 16 suites. The available space is contiguous and offers a 32-foot ceiling height, perfect for various distribution needs. The building includes 30 loading docks and one drive-in door, ensuring efficient loading and unloading. Ample parking is provided with approximately 154 spaces (approximately 0.94 spaces per 1,000 square feet), plus an area for up to 58 additional truck or trailer storage. The expansive 135-foot-deep truck court offers dual access. Bay sizes are 13,000 square feet (50' x 260'). The building features new insulated pre-cast construction. Located in Polk County's Des Moines submarket, this property benefits from exceptional access to major interstates I-35, I-80, and I-235. The property is zoned PUD. A 1,357 square foot office space is also available. This is a rare opportunity to secure modern, efficient warehouse space in a prime Des Moines location. The property offers significant advantages for businesses seeking a strategic distribution hub.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ankeny
    County
    Polk
    State
    Iowa
    Longitude
    -93.5661
    Latitude
    41.6712

    Comparable in this City

    • Value Estimation
      $1,130,000
      15,000 SF

      4376 50th St

      WAREHOUSE, STORAGE • 15,000 SF
      4376 50th St, Des Moines, IA 50317-4756
      View Details
    • Value Estimation by Request
      4,544 SF

      600 18th St

      WAREHOUSE, STORAGE • 4,544 SF
      600 18th St, Des Moines, IA 50317-7623
      View Details
    • Value Estimation by Request
      4,284 SF

      4415 Hubbell Ave

      WAREHOUSE, STORAGE • 4,284 SF
      4415 Hubbell Ave, Des Moines, IA 50317-4653
      View Details
    • Value Estimation by Request
      12,000 SF

      2001 Grand Ave

      WAREHOUSE, STORAGE • 12,000 SF
      2001 Grand Ave, Des Moines, IA 50317-5235
      View Details
    • Value Estimation
      $835,000
      13,163 SF

      2233 Maury St

      STORAGE YARD (JUNK, SALVAGE) • 13,163 SF
      2233 Maury St, Des Moines, IA 50317-1135
      View Details
    • Value Estimation by Request
      5,136 SF

      2703 Grand Ave

      WAREHOUSE, STORAGE • 5,136 SF
      2703 Grand Ave, Des Moines, IA 50317-2324
      View Details

    Similar Nearby for Sale

    • $4,090,000
      24,720 SF

      Des Moines Industrial Property For Sale

      Strategically located industrial property with expansion potential in Des Moines.
      2150 Milton Ave, Des Moines, IA 50317
      View Details
    • Contact for pricing
      263,500 SF

      Adaptable Des Moines Industrial Space

      Flexible industrial park with customizable options for manufacturing operations.
      SE 36Th St, Des Moines, IA 50317
      View Details
    • $425,000
      1.74 Acres

      Des Moines Office/Warehouse Opportunity

      Over 5000 sq ft building suitable for office or warehouse.
      2679 Maury St, Des Moines, IA 50317
      View Details
    • Contact for pricing
      144,000 SF

      Adaptable Des Moines Industrial Park

      Flexible industrial space with customizable options for manufacturing operations.
      SE 36Th St, Des Moines, IA 50317
      View Details
    • Contact for pricing
      5,472 SF

      410 SE 18th St, Des Moines, IA 50317

      Manufacturing properties • 5,472 SF
      410 SE 18Th St, Des Moines, IA 50317
      View Details
    • $81,000
      Pending

      Residential Land in Des Moines

      Land with tax abatement in Woodbury Development, Des Moines, IA.
      5678 Walnut Ridge Dr, Des Moines, IA 50317
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Modern Industrial Warehouse Sublease Available

      Modern industrial warehouse space available for sublease off Interstate 80.
      4950 NE 29Th St, Des Moines, IA 50317
      View Details
    • Contact for pricing

      Des Moines Office/Warehouse Opportunity

      29,342 SF building on 2.275 acres for sale/lease.
      2701 Delaware Ave, Des Moines, IA 50317
      View Details
    • $7 SF/Yr
      58,080 SF

      Premier Industrial Logistics Center

      Prime location with immediate access to major transportation routes.
      990 East Broadway Ave, Des Moines, IA 50317
      View Details
    • Contact for pricing
      25,060 SF

      Des Moines Industrial Opportunity

      25,060 SF industrial space on 7.99 acres.
      804 SE 30Th St, Des Moines, IA 50317
      View Details
    • Contact for pricing

      Industrial Building on Corner Lot

      5,500 SF industrial building on a 32,000 SF lot.
      410 SE 18Th St, Des Moines, IA 50317
      View Details
    • Contact for pricing

      Commercial Space Available for Lease

      Commercial space available for lease in Des Moines, Iowa.
      2574 Hubbell Ave, Des Moines, IA 50317
      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.
    7305 Crosswinds Dr
    Ankeny, IA 50317
    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!