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8.5-Acre Flex Warehouse Facility
For Sale
Contact for pricing
Pending

2395 Jamestown Avenue, Independence, IA 50644

Updated flex/warehouse facility on an 8.5-acre site with multiple loading docks and drive-in loading bay.

Property SizeContact for details
Lot Size8.50 Acres
Days on Market143

Property Features for 2395 Jamestown Avenue

General Information

Standard status Pending
Lot size 8.50 Acres
Property subtype Industrial

Warehouse & Industrial

Dock-High Doors 3
Drive-In Doors 1
Heavy Power Yes

Additional Details

Cap Rate 6.3%

Amenities

4 bathrooms
2 offices
break room
reception area
conference room
Listing Agency: KW Commercial Cedar Rapids
Listed By: Teresa Turnis · License #IA B433670
Source: Crexi
Added: Apr 11 Changed: Aug 14 Last Checked: Aug 30 at 10:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Cedar Rapids

Investment Insights

Based on property information with market context.

This updated flex/warehouse facility offers a functional mix of warehouse space and office support areas, including two offices, a break room, a reception area, and a conference room. The building includes four bathrooms and features loading infrastructure with three exterior loading docks plus one drive-in loading bay. Major addition work was completed in 1997, with additional improvements including a new rubber roof membrane, along with HVAC and plumbing upgrades within the past three years.

The property is situated on an 8.5-acre lot, providing space beyond the existing structure. High-voltage electrical hook-ups are also included, supporting a variety of operational needs within the facility.

With substantial loading capacity, updated building systems, and room on-site for additional buildings, the property is positioned as a practical option for buyers seeking a versatile warehouse and flex arrangement.

Key Highlights

  • Updated flex/warehouse facility on an 8.5‑acre site with multiple loading docks and a drive‑in loading bay
  • Cap rate reported as 6.3, with possibility for improvement
  • Roof, HVAC, and plumbing updated within the last 3 years, including a new rubber membrane roof

Property Analytics

Current Use

Meridian Agriculture Distribution Food Processing Plant Simplot Grower Solutions Chemical Plant

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Plumbing Service Locksmith Garden Center Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Dock-high doors
1
Drive-in doors
Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

122
Businesses Nearby
Well-served
Demand for This Use

Demographics for 50644, IA

8,795
Population
3,921
Households
2.2
Avg Household Size
42
Median Age
24%
College-Educated
96%
High-School Grad
145.0 sq mi
ZIP Area
61
Density / Sq Mi
$79,861
Median Household Income
$41,689
Median Earnings
$770
Median Rent
$174,000
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Updated flex/warehouse facility on an 8.5-acre site with multiple loading docks and drive-in loading bay.
Where is this flex space located?
The property is located at 2395 Jamestown Avenue Independence, IA.
What are key features of this property?
This property features: Updated flex/warehouse facility on an 8.5‑acre site with multiple loading docks and a drive‑in loading bay; Cap rate reported as 6.3, with possibility for improvement; Roof, HVAC, and plumbing updated within the last 3 years, including a new rubber membrane roof
More about this property
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