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Property profile & analytics
OFF-MARKET Estimated value $865,000
Warehouses

1825 Industrial Cir West Des Moines, IA 50265-5557

5,600 SF 1.01 ac lot Built 2000
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US25-0069831
Property summary
AI-generated overview

This single-tenant flex space at 1825 Industrial Circle in West Des Moines, Iowa, offers 5,040 square feet of versatile space, perfectly suited for a variety of industrial or flex uses. The property sits on 1.01 acres of land within the GI - General Industrial District of Polk County. The building boasts 1,440 square feet of well-appointed office space, featuring two private offices, a conference room, reception area, two restrooms, and a copy room. The remaining 3,600 square feet comprises warehouse space, conveniently equipped with two drive-in doors (18x8 and 12x12). Its strategic location in the West Des Moines submarket provides easy access to major transportation routes, ensuring efficient logistics and distribution. The property's proximity to Jordan Creek Town Center offers employees and clients convenient access to dining and retail amenities. This exceptional property presents a unique opportunity to establish or expand your business within a thriving and accessible industrial hub in the Des Moines area. The zip code is 50265.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2000
Construction FRAME
Total area 5,600 SF
Lot 1.01 ac (44,126 SF)
Zoning code GI
APN 320/04927-029-000
UPID US25-0069831
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Enderson Electric, LLC Electrical Service General Contractor
  • Meycon Construction Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$865k
CAP Approach CAP
by Request
Comparable Approach Comparable
$700k
Blend (final) Blend
$865k
Owner & transaction history
Hurd Kettlestone LLC · 5 yrs held
Hurd Kettlestone LLC
since 2021
Last sale
$875,000
3 recorded transactions
2021
$875,000
2010
$400,000
2008
Price N/A
Zoning & alternative use
GI · West Des Moines, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

General industrial areas shall be designated to provide areas for light and heavy industrial uses, and warehouse and distribution facilities. In particular, general industrial areas are intended to provide areas where outside storage and fabrication yards are allowed if properly mitigated, including dust control and visual screening when deemed necessary. Ap…

Zone name General Industrial
General category INDUSTRIAL
Zone area 360.14 ac
Source Realmo
Top alternative use upside
Restaurant $965,000 +101.8%
Auto repair, garage $870,000 +82.1%
Apartment house (5+ units) $850,000 +77.5%
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