Johnston, IA
Commercial Real Estate Market Trends & Data

$180 Avg asking sale price
$16 Avg asking lease rate
15,128 SF Avg unit lease size
15,055 SF Avg building size for sale
7.13% Average cap rate

Johnston's Demographic Profile

Johnston has 9,378 households and a median income of $99,189, providing context for rent absorption and tenant demand across retail and multifamily assets. A +3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 24,281
# Households 9,378
Median age 38
Median household income $99,189
Avg household size 3.0
Renter-occupied housing units 3,237
5-year population change +3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Johnston, IA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Johnston $187 18,308 SF 2.84%
Grimes $245 19,097 SF 7.50%
Urbandale $189 22,981 SF 7.50%
Windsor Heights $168 13,915 SF 7.83%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Johnston $190 12,751 SF 6.50%
Saylorville $190 14,895 SF 6.50%
Nearby Retail Markets Avg Cost/SF Typical Size
Johnston $223 18,454 SF
Grimes $405 12,809 SF
Saylorville $194 4,721 SF
Ankeny $1,657 3,476 SF
Urbandale $389 20,345 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Johnston $108 21,224 SF 9.08%
Saylorville $468 4,636 SF 6.50%
Ankeny $440 24,275 SF 7.82%
Urbandale $145 5,016 SF 9.08%
Clive $105 8,806 SF 7.57%

Commercial Properties For Sale in Johnston

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

1821 SE Miehe Dr

Grimes, IA 50111

  • 11,000 SF Industrial Building
  • $1,650,000
For Sale

4500 NW 6th Dr

Des Moines, IA 50313

  • 9,200 SF Retail Building
  • $680,000
For Sale

8831 Windsor Pky

Johnston, IA 50131

  • 7,459 SF Office Building
  • $2,285,000
For Sale

2660 100th St

Urbandale, IA 50322

  • 5,000 SF Industrial Building
  • $1,250,000
For Sale

Caliber Collision

Des Moines, IA 50313

  • 12,600 SF Industrial Building
  • 6.50% Cap Rate
  • $2,335,384
For Sale

Lovington Apartments

Des Moines, IA 50310

  • 5,016 SF Multifamily
  • 9.08% Cap Rate
  • $725,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Understand how accelerated depreciation works, which method fits your deal, and how to avoid the tax pitfalls that catch most investors off guard.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Johnston pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Johnston $180 15,055 SF
Grimes $247 19,782 SF
Polk City $66 12,595 SF
Saylorville $283 10,775 SF
Ankeny $862 46,947 SF

Regional Demographic Comparison

This comparison places Johnston alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Johnston or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Johnston 24,281 9,378 38 $99,189 3 3,237 3%
Grimes 16,953 6,326 35 $96,899 3 1,651 7%
Polk City 6,256 2,151 38 $142,001 3 324 7%
Saylorville 3,897 1,493 42 $90,784 3 185 3%
Ankeny 74,293 28,944 36 $94,390 3 8,718 5%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Johnston, IA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Johnston

View All Commercial Real Estate For Sale in Johnston
Is Johnston a good market for a first-time commercial real estate investor?

Johnston offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Johnston?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Johnston. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Johnston?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Johnston. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Johnston compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Johnston. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Johnston acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Johnston, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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