2535 Midport Blvd Waterloo, IA 50703
For Sale
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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.
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Standard Forwarding LLC Freight Service Logistics Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.