Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    810 Interstate Pkwy Waukee, IA 50263
    Back to Search
    Property profile & analytics

    810 Interstate Pkwy, Waukee, IA 50263

    View on Map
    • Warehouses
    • 3,840 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 810 Interstate Pkwy

    Year built
    2023
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional offering presents two brand-new warehouse condo units, totaling 3,840 square feet, available for lease within the I-80 West Industrial Park in Waukee, Iowa. Each unit boasts 1,920 square feet of functional space, ideal for a variety of industrial uses. Built in 2023, these units feature high-quality construction, including 10-inch precast insulated walls, 6-inch reinforced concrete floors, open web steel trusses, and a durable TPO roof. The interior includes a fire sprinkler and alarm system, 18-foot clear ceiling height (20 feet to deck), and a convenient restroom stack with water line. Each unit also offers a 12' x 14' insulated overhead door with opener, a floor drain, and ample power with 200 AMP, 3-phase, 120/208V electrical service. Two drive-in doors provide easy access for loading and unloading. Strategically located at 810 Interstate Pkwy, Unit 121 & 125, Waukee, IA 50263, this property provides unparalleled convenience with its proximity to Interstate 80, ensuring efficient transportation and logistics. The units are situated in Dallas County and offer a modern, well-constructed space ready for immediate occupancy. The fire-rated demising walls between the units ensure privacy and security. This is a rare opportunity to secure high-quality, modern warehouse space in a prime location.

    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
    -93.8807
    Latitude
    41.5597

    Comparable in this City

    • Value Estimation by Request
      1,920 SF

      800 Interstate Pkwy

      Distribution properties
      800 Interstate Pkwy, Waukee, IA 50263
      View Details
    • Value Estimation by Request

      810 Interstate Pkwy

      Refrigerated & Cold Storage
      810 Interstate Pkwy, Waukee, IA 50263
      View Details
    • Value Estimation by Request
      18,000 SF

      1125 Westbrook Dr

      Distribution properties
      1125 Westbrook Dr, Waukee, IA 50263
      View Details
    • Value Estimation by Request
      1,920 SF

      810 Interstate Pkwy

      Distribution properties
      810 Interstate Pkwy, Waukee, IA 50263
      View Details
    • Value Estimation by Request
      1,500 SF

      1575 Gettysburg Ln

      Distribution properties
      1575 Gettysburg Ln, Waukee, IA 50263
      View Details
    • Value Estimation
      $12,465,000
      62,965 SF

      805 University Ave

      WAREHOUSE, STORAGE
      805 University Ave, Waukee, IA 50263-8707
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      108,800 SF

      Waukee Manufacturing and Industrial Building

      108,800 SF manufacturing and light industrial building in Waukee, Iowa.
      250 NW 10Th St, Waukee, IA 50263
      View Details
    • Contact for pricing
      12,155 SF

      Waukee Office/Warehouse For Sale

      Freestanding office/warehouse available for sale or lease in Waukee, Iowa.
      33083 Ute Ave, Waukee, IA 50263
      View Details
    • Contact for pricing
      17,060 SF

      Fully Leased Storage Facility

      Income-producing storage facility with additional commercial and outdoor rental opportunities.
      33124 Ute Ave, Waukee, IA 50263
      View Details
    • $2,950,000
      12,180 SF

      Waukee Brewery with Dog Park

      Brewery with patio and dog park near bike trail.
      255 Northwest Sunrise Dr, Waukee, IA 50263
      View Details
    • Contact for pricing
      Pending

      Waukee Garage Condo Flex Space

      Garage/flex space units for sale or lease in Waukee.
      1585 NW Gettysburg Ln, Waukee, IA 50263
      View Details
    • Contact for pricing
      12,180 SF

      Former Kinship Brewery in Waukee

      Award-winning brewery building near Raccoon River Valley Bike Trail.
      255 NW Sunrise Dr, Waukee, IA 50263
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      18,000 SF

      1125 Westbrook Dr

      Distribution centers
      1125 Westbrook Dr, Waukee, IA 50263
      View Details
    • Contact for pricing
      12,108 SF

      Waukee Flex Space Available

      12,108 SF flex space for lease in Waukee, Iowa.
      16180 Laurel St, Waukee, IA 50263
      View Details
    • Contact for pricing
      12,108 SF

      Waukee Flex Space For Lease

      12,108 SF flex space with office and storage.
      16180 Laurel St, Waukee, IA 50263
      View Details
    • Contact for pricing
      9,600 SF

      Waukee Warehouse with Office Space

      9,600 SF warehouse with showroom/office space for lease.
      3260 Ute Ave, Waukee, IA 50263
      View Details
    • Contact for pricing
      12,000 SF

      Waukee Warehouse with Drive-In Doors

      12,000 SF warehouse with convenient access and multiple doors.
      1125 SE Westbrooke Dr, Waukee, IA 50263
      View Details
    • $12 SF/Yr
      2,500 SF

      Waukee Industrial Space Available

      Industrial property available for lease in Waukee, Iowa.
      Northwest Gettysburg Ln, 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.
    810 Interstate Pkwy
    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
    810 Interstate Pkwy, 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!