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115 E Vista Lake Ave 3,200 SF Flex Building Polk City, IA 50226 $1,081,358 CAD ($337.92 CAD/SF)



Investment Highlights
- Existing flex/office building with integrated office and shop components.
- Excess buildable land provides future expansion potential.
- Built in 2013 with functional owner-user configuration.
- Situated on 3.87 acres across two separate parcels.
- Zoned M-1 Light Industrial District.
- Located within the growing Polk City market near the Des Moines metro area.
Executive Summary
115 E Vista Lake Ave presents an opportunity to acquire a flex/office asset with additional development potential in Polk City, one of the fastest-growing communities in the Des Moines metropolitan area. Positioned on 3.87 acres across two parcels, the property combines an existing owner-user facility with excess land that may support future expansion or additional building development, subject to applicable approvals.
The existing building contains a combination of office and shop space designed to accommodate a range of business operations. The office component includes multiple private offices, a kitchenette, and restrooms, while the shop area is equipped with an overhead door and climate-controlled workspace. This layout provides flexibility for contractors, service businesses, light industrial users, and companies seeking a combination of administrative and operational functions within a single location.
The property is zoned M-1 Light Industrial District, supporting a variety of commercial and industrial uses. Its location within Polk City provides convenient access to the greater Des Moines region via nearby transportation corridors while benefiting from the area's continued residential and commercial growth. The combination of an existing income-producing or owner-occupied facility and excess developable land creates optionality for future expansion, redevelopment, or long-term investment strategies.
With two parcels totaling 3.87 acres, a modern building constructed in 2013, and additional land available for future improvements, the property offers both immediate functionality and future growth potential for investors, developers, and owner-users seeking a foothold in the expanding Polk City market.
The existing building contains a combination of office and shop space designed to accommodate a range of business operations. The office component includes multiple private offices, a kitchenette, and restrooms, while the shop area is equipped with an overhead door and climate-controlled workspace. This layout provides flexibility for contractors, service businesses, light industrial users, and companies seeking a combination of administrative and operational functions within a single location.
The property is zoned M-1 Light Industrial District, supporting a variety of commercial and industrial uses. Its location within Polk City provides convenient access to the greater Des Moines region via nearby transportation corridors while benefiting from the area's continued residential and commercial growth. The combination of an existing income-producing or owner-occupied facility and excess developable land creates optionality for future expansion, redevelopment, or long-term investment strategies.
With two parcels totaling 3.87 acres, a modern building constructed in 2013, and additional land available for future improvements, the property offers both immediate functionality and future growth potential for investors, developers, and owner-users seeking a foothold in the expanding Polk City market.
Property Facts
| Price | $1,081,358 CAD | Lot Size | 2.35 AC |
| Price Per SF | $337.92 CAD | Rentable Building Area | 3,200 SF |
| Sale Type | Owner User | No. Stories | 2 |
| Property Type | Flex | Year Built | 2013 |
| Building Class | C | ||
| Zoning | M-1 | ||
| Price | $1,081,358 CAD |
| Price Per SF | $337.92 CAD |
| Sale Type | Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 2.35 AC |
| Rentable Building Area | 3,200 SF |
| No. Stories | 2 |
| Year Built | 2013 |
| Zoning | M-1 |
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Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 261-00175202000 | Improvements Assessment | $732,749 CAD |
| Land Assessment | $246,585 CAD | Total Assessment | $979,334 CAD |
Property Taxes
Parcel Number
261-00175202000
Land Assessment
$246,585 CAD
Improvements Assessment
$732,749 CAD
Total Assessment
$979,334 CAD
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115 E Vista Lake Ave
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