Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    155 Jefferson St Carlisle, IA 50047-7657
    Back to Search
    Property profile & analytics

    155 Jefferson St, Carlisle, IA 50047-7657

    View on Map
    • Flex space
    • 4,310 SF
    • 0.41 lot acres
    Off-Market
    Last Sale Jan 1, 2025
    $166,000
    Property ID
    US25-2217722
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Flex space

    Property Details for 155 Jefferson St

    Year built
    1965
    Lot size
    0.41 lot acres
    Property size
    4,310 SF
    Property type
    Flex space
    APN
    39080000060
    APU
    39080000060

    Description

    This exceptional Carlisle, IA commercial property at 155 Jefferson Street boasts over 4,310 square feet of versatile space within a durable metal building with a matching metal roof. The interior features a dedicated office area and two convenient half-bathrooms. A significant advantage is the abundance of open space, ideal for various uses, complemented by substantial overhead storage – perfect for vehicle storage or a workshop. The property benefits from recently updated three-phase electrical service and a newer furnace, ensuring efficient and reliable operation. Access is facilitated by two overhead doors, providing easy loading and unloading. Exterior features include ample parking and a large concrete pad situated on the north and west sides of the building, offering significant flexibility for operations and expansion. The 0.41-acre lot provides ample room for maneuvering and future development. This property presents a tremendous opportunity for a wide range of businesses seeking a functional and spacious workspace with significant potential for customization and growth. The combination of updated utilities, ample storage, and generous outdoor space makes this a truly compelling investment opportunity in a desirable location. The asking price is $185,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Carlisle
    County
    Warren
    State
    Iowa
    Longitude
    -93.4806
    Latitude
    41.4991
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,108
    $16,000
    $97,800
    $113,800
    -
    $16,000
    $97,800
    $113,800

    Comparable in this City

    • Value Estimation by Request
      720 SF

      1529 Hwy 5th 5

      LIGHT INDUSTRIAL • 720 SF
      1529 Hwy 5th 5, Carlisle, IA 50047-9458
      View Details
    • Value Estimation by Request
      2,800 SF

      7 Grant St

      LIGHT INDUSTRIAL • 2,800 SF
      7 Grant St, Carlisle, IA 50047
      View Details
    • Value Estimation
      $745,000
      10,400 SF

      405 Railroad St

      LIGHT INDUSTRIAL • 10,400 SF
      405 Railroad St, Carlisle, IA 50047-7717
      View Details
    • Value Estimation by Request
      5,720 SF

      3797 120th Ave

      LIGHT INDUSTRIAL • 5,720 SF
      3797 120th Ave, Carlisle, IA 50047-3171
      View Details
    • Value Estimation by Request
      1,800 SF

      235 Garfield St

      LIGHT INDUSTRIAL • 1,800 SF
      235 Garfield St, Carlisle, IA 50047-7602
      View Details
    • Value Estimation by Request
      1,584 SF

      805 1st St

      LIGHT INDUSTRIAL • 1,584 SF
      805 1st St, Carlisle, IA 50047
      View Details

    Similar Nearby for Sale

    • $475,000
      Pending

      Versatile Acreage with Commercial Building

      22.94 acres with commercial space and outbuildings near Carlisle.
      04 170Th Ave, Carlisle, IA 50047
      View Details
    • Contact for pricing

      Historic Farmhouse with Warren County Views

      Historic farmhouse on 18.68 acres with pond and outbuildings.
      15018 Scotch Ridge Rd, Carlisle, IA 50047
      View Details
    • $475,000
      Pending

      Acreage with Commercial-Style Office Space

      22.94 acres with commercial building near Des Moines Metro.
      04 170Th Ave, Carlisle, IA 50047
      View Details
    • Contact for pricing

      Land with Development Incentives

      Land available with tax abatement and highway access.
      Hwy 65 & Hwy 5, Carlisle, IA 50047
      View Details
    • $1,360,000
      Pending

      Carlisle Land with Building Sites

      79.74 acres with building sites near Des Moines.
      170Th Ave, Carlisle, IA 50047
      View Details
    • Contact for pricing

      Land Ready for Development

      Land with development incentives and highway access in Carlisle, Iowa.
      Hwy 65 & Hwy 5, Carlisle, IA 50047
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,500,000 SF

      Carlisle Industrial Property with Storage

      Industrial property in Carlisle with outdoor storage and highway access.
      6600 SE 52Nd St, Carlisle, IA 50047
      View Details
    • Contact for pricing
      330,000 SF

      Carlisle Warehouse with 32' Clearance

      330,000 SF warehouse with 40 dock doors for lease.
      1100 Gateway Dr, Carlisle, IA 50047
      View Details
    • Contact for pricing

      Industrial Space Available For Rent

      Industrial spaces available, ranging from 300,000 to 747,925 SqFt.
      1100 Gateway Dr, Carlisle, IA 50047
      View Details
    • Contact for pricing

      Carlisle Land for Lease

      Land available for lease in Carlisle, Iowa.
      6600 SE 52Nd St, Carlisle, IA 50047
      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.
    155 Jefferson St
    Carlisle, IA 50047-7657
    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
    155 Jefferson St, Carlisle, IA, 50047
    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!