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Investment Highlights

  • Functional 19,320-square-foot industrial facility with a strong office component.
  • Zoned M1, accommodating a broad range of industrial and business activities.
  • Located in a rapidly expanding Des Moines metro submarket with excellent highway access.
  • Six dock-high doors and four drive-in doors facilitate diverse operational uses.
  • Partially leased, offering immediate income potential for investors.

Executive Summary

This 19,320-square-foot industrial property in Waukee, Iowa, offers a compelling investment opportunity within a growing Des Moines metro submarket. Built in 1994 and situated on 1.27 acres, the building is zoned M1 and currently includes 4,286 square feet of office space. Approximately 5,260 square feet are leased, providing immediate income, while the remaining space is available for future occupancy or redevelopment. The facility features six dock-high doors and four drive-in doors, supporting a range of industrial operations. Ceiling heights span between 13 and 17 feet, accommodating distribution, manufacturing, or service businesses. Located in a well-connected industrial corridor, the property benefits from strong local infrastructure and rapid regional growth. Businesses in Waukee gain access to an expanding labor force and excellent transportation routes, making this asset well-positioned for stable cash flow and long-term value.

Attachments

Brochure (8)

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,225,000
Price Per SF $115.17
Sale Type Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 1.27 AC
Rentable Building Area 19,320 SF
No. Stories 1
Year Built 1994
Clear Ceiling Height 17’
No. Dock-High Doors/Loading 6
No. Drive In / Grade-Level Doors 4
Zoning M-1 - Industrial

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 19,320 SF
  • Industrial
  • -
  • Now

This highly functional 19,320-square-foot flex building is now available for lease in Waukee’s established industrial corridor. Situated on a 1.27-acre site, the property features a clear height range of 13 to 17 feet, four drive-in doors, and six dock doors to support a variety of operational requirements. An existing office component provides an integrated environment for administrative functions, while the expansive warehouse area accommodates manufacturing, distribution, or storage users.

Space Size Space Use Build-Out Available
1st Floor 19,320 SF Industrial - Now

1st Floor

Size
19,320 SF
Space Use
Industrial
Build-Out
-
Available
Now

1st Floor

Size 19,320 SF
Space Use Industrial
Build-Out -
Available Now

This highly functional 19,320-square-foot flex building is now available for lease in Waukee’s established industrial corridor. Situated on a 1.27-acre site, the property features a clear height range of 13 to 17 feet, four drive-in doors, and six dock doors to support a variety of operational requirements. An existing office component provides an integrated environment for administrative functions, while the expansive warehouse area accommodates manufacturing, distribution, or storage users.

Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
12-35-151-003
Land Assessment
$331,930
Improvements Assessment
$1,351,210
Total Assessment
$1,683,140
  • Listing ID: 37444215

  • Date on Market: 8/27/2025

  • Last Updated:

  • Address: 16190 Laurel St, Waukee, IA 50263

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