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.
31562811
31562812

540 N 3rd St, Polk City, IA 50226

KS
IA S73068000
Metro Commercial Real Estate, LLC
JI
IA 73066000
Metro Commercial Real Estate, LLC
Listed by Metro Commercial Real Estate, LLC
$599,000
57 days on market
Updated 57 days ago

540 N 3rd St

Details
APN 812536376007
Property Type Industrial, Special Purpose (+1)
Sub Type Garage/Parking, Warehouse (+1)
Square Footage 2,400
Net Rentable (SqFt) 2,400
Units 2
Price per SqFt $250
Class A
Year Built 2023
Buildings 1
Stories 1
Acreage 1.190
Zoning C-2
Investment Type Owner/User

Industrial | 2,400 SqFt

Marketing description

540 North 3rd Street | Polk City, IA

New Construction Warehouse Opportunity – Owner/User or Investment | Polk City

This newly constructed Class A warehouse property offers a rare opportunity to acquire high-quality industrial space in the rapidly growing Polk City market. Located along North 3rd Street, a well-traveled corridor near the highly regarded Tournament Club of Iowa, the property benefits from strong visibility and convenient access to the greater Des Moines metro.

Built in 2023, the 2,400-square-foot warehouse sits on a 1.19-acre parcel, providing excellent flexibility for both owner-users and investors. The building is currently configured as two 1,200-square-foot units, making it ideal for either single or multi-tenant use, owner-occupancy with rental income, or full-building utilization.

Constructed with durable materials including a metal roof, the property is designed for long-term performance with minimal maintenance requirements. The building includes one shared restroom, and the site offers significant open land area, presenting potential opportunities for future expansion, outdoor storage, or construction of an additional building.

Zoned C-2 Commercial, the property supports a wide range of uses including contractor shops, service businesses, storage operations, light industrial users, and small distribution operations.

With its new construction quality, flexible layout, and expansion potential, this property represents a strong opportunity for investors or businesses seeking functional warehouse space in a desirable and growing location.

Listing Contacts

KS
IA S73068000
Metro Commercial Real Estate, LLC
JI
IA 73066000
Metro Commercial Real Estate, LLC
Listed by Metro Commercial Real Estate, LLC

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
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Kaden Smith
License
S73068000
Brokerage
The York Companies
Brokerage Phone
7128987933
Title
Real Estate Agent
Brokerage Address
28187 Prospect Avenue
Name
Jacob Imming
License
73066000
Brokerage
The York Companies
Brokerage Phone
5152671040
Title
Real Estate Agent
Brokerage Address
28187 Prospect Avenue
*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