www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
24699293
24699310

608 13th Ave, Council Bluffs, IA 51501 For Sale

NAI NP Dodge
Listed by NAI NP Dodge
$2,000,000
370 days on market
Updated 18 days ago

608 13th Avenue

Details
Property Type Industrial
Sub Type Warehouse
Square Footage 19,440
Cap Rate 7.00%
NOI $138,378
Tenancy Multi
Brand/Tenant Pharmacy, ProTrack & Tennis
Class C
Year Built 1980
Year Renovated 2022
Buildings 1
Stories 1
Acreage 2.400
Zoning I-2 General Industrial District
Investment Type Owner/User
Ground Lease No
Ceiling Height 10'-20'
Dock High Doors 4

Industrial | 19,440 SqFt | 2.4 acres

Marketing description

This 19,440 SF industrial facility presents a strong opportunity for both investors and potential owner-users. Situated on a secure, gated 2.4-acre site, the property was built in 1980 and extensively renovated in 2022. It features a flexible mix of warehouse, office, and outdoor storage space, and is fully sprinklered. Zoned I-2 General Industrial District, the site supports a wide range of industrial and commercial uses. Located just north of the I-80 Lake Manawa exit off South Expressway, the property is surrounded by established industrial users such as ConAgra Foods and Palleton of Council Bluffs. With its combination of modern upgrades, functional layout, and strategic location, this property is well-suited for long-term value and operational use.

Just North of the I-80 Lake Manawa exit, this industrial property is situated off of the South Expressway. Neighboring industrial users include ConAgra Foods, Palleton of Council Bluffs, and Habitat for Humanity Council Bluffs.

Investment highlights

  • Opportunity for Owner-User Occupancy with Space Available in Approximately 18 Months
  • Approximately 3.5 Acres of Fenced & Gated Outside Storage
  • Current rents in place create a 7% Cap rate
  • Four (4) Dock-High Doors and Two (2) Drive-In Doors
  • Fully Sprinklered Facility with Heated Floors
  • Convenient Access to I-80 and the Omaha/Council Bluffs Metro

Listing Contacts

NAI NP Dodge
Listed by NAI NP Dodge

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$138,378.00
$11,531.50/mo

Valuation Metrics

0
DSCR
6.92%
Cap Rate
6.92%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591