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    1850 Commercial Dr Walford, IA 52351

    For Sale
    $750,000

    Income-producing industrial property near Cedar Rapids.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional investment opportunity encompasses a prime 1.16-acre industrial property located at 1850 Commercial Drive, Walford, IA, just minutes from Cedar Rapids. The property boasts two buildings offering a versatile mix of uses ideal for owner-occupancy or investment. Building #1, totaling 5,704 square feet, comprises 4,864 square feet of heated shop space, perfect for various industrial operations. Four overhead doors (two 16' x 16' and two 14' x 14') provide ample access for equipment and materials. Additionally, this building includes retail/showroom space and a 840-square-foot mezzanine level featuring a breakroom, kitchenette, restroom, and extra office and storage areas. Building #2, a substantial 9,608 square feet, houses 20 self-storage units, each equipped with either 12' x 14' or 9' x 7' overhead doors. Many of the larger units include convenient exterior outlets. The entire property is securely enclosed by a fence and gate. The property offers a significant income stream from the self-storage units (rent roll available upon request). The possession date is flexible and negotiable. This property presents a rare opportunity to acquire a well-maintained, income-generating industrial complex in a desirable location. Don't miss out on this chance to own a versatile and profitable asset.

    Property Features for 1850 Commercial Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    50,530 SF

    Building Details

    Year Built
    2009
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ATC RV Center Rv Dealer

    Suggested Use

    Building Supply Storage Facility Furniture Store Convenience Store Pet Store Pet Supply Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Walford
    County
    Linn
    State
    Iowa
    Longitude
    -91.82504
    Latitude
    41.89053

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    FAQs

    What type of property is this?
    Commercial real estate - Income-producing industrial property near Cedar Rapids.
    Where is this commercial real estate located?
    The property is located at 1850 Commercial Dr Walford, IA.
    What is the asking price?
    The asking price for this property is $750,000.
    (319) 731-3400
    Request Owner's contact information
    1850 Commercial Dr Walford, IA 52351
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1850 Commercial Dr Walford, IA 52351
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