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Property profile & analytics
OFF-MARKET
Warehouses

319 Washington SE Ave Bondurant, IA 50035-2145

40,000 SF 2.96 ac lot Built 2007
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0211567
Property summary
AI-generated overview

This exceptional 40,000-square-foot industrial property, located at 319 Washington Ave SE in Bondurant, Iowa, presents a unique owner-user opportunity. Built in 2007, this single-story building sits on a 2.961-acre lot and is zoned for Business Park (BP) use, encompassing light industrial applications. The warehouse boasts a 22' to 24' clear height ceiling, 50' x 50' column spacing, and is equipped with a wet sprinkler system and LED lighting. Loading capabilities include three docks—two measuring 8' x 9' and one 8' x 10', all with exterior levelers—plus a 12' x 14' drive-in door. The property also features 6" concrete flooring and existing racking that will remain with the building. The building includes approximately 900 square feet of office space. The electrical system provides 3-phase 208V power. Occupancy is available October 21, 2024. The asking price for this turnkey operation is $3,700,000. This property offers a blend of warehouse and office space, ideal for a business seeking efficient operations and ample storage in a prime Bondurant location. The combination of modern features, ample space, and strategic zoning makes this an attractive investment for owner-occupiers.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2007
Construction STEEL FRAME
Total area 40,000 SF
Lot 2.96 ac (128,975 SF)
Zoning code C-2
APN 231/00221-594-201
UPID US25-0211567
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
  • Burke's Outsourcing & Returns Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
319 Washington LLC · 1 yrs held
319 Washington LLC
since 2025
Last sale
$3.3M
5 recorded transactions
2025
Price N/A
2025
$3.3M
2017
Price N/A
2009
Price N/A
1969
Price N/A
Zoning & alternative use
C-2 · Bondurant, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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