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    Hiawatha, IA
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    Hiawatha, IA Flex Space for Sale

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    Cedar Rapids, IA Robins, IA Marion, IA Palo, IA Alburnett, IA Fairfax, IA Center Point, IA Shellsburg, IA
    Industrial Flex Office Building
    Updated: Jun 18
    Industrial Flex Office Building

    740 KACENA RD, Hiawatha, IA 52233

    $995,000
    6,528 sqft 2.11 AC lot
    2003‑built industrial office/flex building on a 2.11‑acre site in Hiawatha with metal siding and metal roofing
    6,528 SF building with finished office layout plus warehouse area, including 5 offices, 1 conference room, and 2 breakrooms
    Central HVAC and 15' clear height, with three overhead doors
    Currently leased: tenant occupies 3,000 SF on a 5‑year lease at $2,480/month (modified gross)
    Excess land includes a pad site for an additional 12,000 SF building
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    This listing looks promising.

    Here's a quick look at some key insights for

    740 KACENA RD, HIAWATHA, IA

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    • Est. Cap Rate

      3.9%
      NOI ÷ price

    • Est. NOI

      $39K
      Annual

    • Mortgage

      $512K
      Jun 2021

    • Last Sold

      Jun 2021
      $640K

    • Property Type

      Commercial (General)
      Built 2003
    View Property Analytics
    Flex Office/Warehouse Suite
    Updated: Jun 11
    Flex Office/Warehouse Suite

    935 Boyson Ct, Hiawatha, IA 52233

    Contact for pricing
    7,200 sqft 0.57 AC lot
    Well‑maintained 3,500 SF commercial unit with a functional office‑and‑warehouse layout and private entrance
    Office area includes four private offices, a reception area, and three restrooms (one with a shower plus washer/dryer hookups)
    Large breakroom with a full kitchen
    Utility features include a washout sink in a utility closet, an industrial floor drain washout area, and a water softener
    Frame construction with concrete flooring and a shingle roof; built in 1998
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    Warehouse Shop Space with Overhead Doors
    Warehouse Shop Space with Overhead Doors

    1110 Hawkeye Drive, Hiawatha, IA 52233

    Contact for pricing
    4,332 sqft 0.55 AC lot

    Flexible shop space includes heat, restroom, and four 12' overhead doors for practical loading and light operations.

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    Hiawatha Flex Industrial Office Space
    Hiawatha Flex Industrial Office Space

    929 Marthas Way, Hiawatha, IA 52233

    $2,150,000
    1.12 AC lot

    Flex industrial office space, convertible, accessible from I-380.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 4 Active listings in Hiawatha, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Cedar Rapids Industrial/Office Flex Space
    Cedar Rapids Industrial/Office Flex Space

    1075 Rockford Rd SW, Cedar Rapids, IA 52404

    $625,000
    10,802 sqft

    Versatile commercial property in Cedar Rapids' industrial corridor.

    View details
    New Industrial Condo Unit
    New Industrial Condo Unit

    B-1255 Blairs Ferry Rd, Marion, IA 52302

    $285,000
    2,400 sqft

    Newly constructed commercial condo unit with a 149 overhead door, restroom, and 200-amp service, plus onsite parking.

    View details
    Flex Warehouse Unit with Overhead Door
    Flex Warehouse Unit with Overhead Door

    4160 3rd Avenue Unit D, Marion, IA 52302

    Contact for pricing

    Secure flex/warehouse space with gas heat, high ceilings, and a 14-foot overhead door for light industrial or storage use.

    View details
    Versatile Commercial Space Near Collins
    Versatile Commercial Space Near Collins

    5255 Rockwell Drive NE, Cedar Rapids, IA 52402

    Contact for pricing
    100,000 sqft 3.40 AC lot

    12,000 SF commercial space near Collins Aerospace campus.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterloo Commercial Land For Sale
    Waterloo Commercial Land For Sale

    3455 Marnie Avenue lot: 2, Waterloo, IA 50701

    $802,593
    3.35 AC lot

    Commercial land with flexible zoning and development options in Waterloo.

    View details
    Waterloo Commercial Land For Sale
    Waterloo Commercial Land For Sale

    3423 Marnie Avenue lot: 1, Waterloo, IA 50701

    $479,160
    2.00 AC lot

    Commercial land available for design/build project in Waterloo, Iowa.

    View details
    Dubuque Industrial Land for Sale
    Dubuque Industrial Land for Sale

    Chavenelle Road, Dubuque, IA 52002

    $780,000
    6.50 AC lot

    6.5-acre planned industrial site at Chavenelle & Seippel Road.

    View details
    Planned Industrial Land For Sale
    Planned Industrial Land For Sale

    Digital Drive, Dubuque, IA 52003

    $301,200
    2.51 AC lot

    2.51 acre planned industrial land with highway frontage.

    View details

    Off-Market Properties in Hiawatha, IA

    Consider similar Off-Market properties in Hiawatha, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1408 Industrial Ave
    Distribution properties

    1408 Industrial Ave, Hiawatha, IA 2386176

    Value Estimation by Request
    11,900 sqft
    View details
    939 Metzger Dr
    Distribution properties

    939 Metzger Dr, Hiawatha, IA 52233

    Value Estimation by Request
    11,992 sqft
    View details
    1729 Hawkeye Dr
    Distribution properties

    1729 Hawkeye Dr, Hiawatha, IA 52233

    Value Estimation by Request
    18,600 sqft
    View details
    1760 Robins Rd
    Distribution properties

    1760 Robins Rd, Hiawatha, IA 2386170

    Value Estimation by Request
    11,900 sqft
    View details
    1325-1331 Stamy Rd
    Flex space

    1325-1331 Stamy Rd, Hiawatha, IA 52233

    Value Estimation by Request
    17,450 sqft
    View details
    1780 Robins Rd
    Distribution properties

    1780 Robins Rd, Hiawatha, IA 52233

    Value Estimation by Request
    11,900 sqft
    View details

    Hiawatha, IA Flex Space Market Trends and Statistics

    Explore 10 flex space for sale in Hiawatha, IA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 6,528 square feet of properties for sale, with an estimated market value of $995,000.

    Sale prices for business spaces in Hiawatha, IA start at $995,000, averaging $995,000, and reaching up to $995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 21
    Manufacturing properties 3
    Distribution centers 1

    Demographics Overview

    Population 7,008
    Population Growth (5Y) -2.0%
    Median Household Income $66,497
    College Educated 41.5%

    High-Yield Neighborhoods for Investment

    Identify Hiawatha submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    52233 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 2.76%
    Property Tax per SF $40.22 per SF
    Tax Rate vs County Average 0.24 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Linn County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Linn County

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Hiawatha fall within the 100,000+ square foot range.

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