Property summary
This exceptional investment opportunity presents a 4,500-square-foot industrial building ideally situated in an Indianola industrial park, conveniently located approximately one mile east of Highway 65. Built in 2011, this warehouse boasts a spacious layout with an 18-foot ceiling height, providing ample storage and operational space. The property includes three 14-foot-wide by 15'4"-high drive-in doors, facilitating efficient loading and unloading. Power is supplied by a single-phase, 200-amp system. The building sits on a 1.21-acre lot (52,708 square feet), and an adjacent vacant lot of 2.17 acres (94,525 square feet) is also included in the sale, offering significant expansion potential. The property is zoned C - Commercial, allowing for a variety of uses. The asking price for this turnkey industrial property is $800,000, representing a compelling opportunity for investors seeking a well-maintained, strategically located warehouse in a thriving Iowa market. This property is perfect for distribution or warehousing needs and offers significant upside potential due to the inclusion of the adjacent vacant lot. The property's location near Highway 65 ensures easy access to major transportation routes, enhancing its logistical advantages.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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