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Property profile & analytics
FOR SALE
Distribution centers

2535 Midport Blvd Waterloo, IA 50703

11,880 SF Built 2011
Property ID
US25-2421631
Property summary
AI-generated overview

This exceptional 11,880-square-foot commercial property, located in Waterloo just off Airline Highway, presents a unique investment opportunity. The building, constructed in 2011, boasts a versatile layout combining 10,530 square feet of warehouse space and 1,350 square feet of traditional office space, ideal for a variety of businesses. The property features a significant advantage with its 30 dock-high doors, ensuring efficient loading and unloading operations. Situated on a substantial 5.35-acre lot, this property offers ample space for expansion or future development. The zoning is designated M-2 and P, allowing for diverse operational possibilities. The property is available for occupancy on October 1, 2024. Estimated net, net, net (NNN) expenses are $4.05 per square foot. This is a single-tenant property offering a rare combination of warehouse and office space in a highly desirable location. Don't miss this chance to secure a prime industrial asset in a thriving market.

Property profile
Verified
Property type Distribution centers
Year built 2011
Total area 11,880 SF
UPID US25-2421631
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Standard Forwarding LLC Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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