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Light Industrial Storage Flex Bay
For Lease
$850/Mo

3015 Capital Way, Cedar Falls, IA 50613

COMMERCIAL - Cedar Falls, IA

Space Size990 SF
Lot Size8.00 Acres
Days on Market339

Property Features for 3015 Capital Way

General Information

Property type Commercial Lease
Property subtype Other
Zoning Lght Indus
Directions W on Viking Rd from Hudson Rd then S on Production Dr. to Capital Way.
Standard status Active
APN 891434277011
Lot size 8.00 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Bldg 3015 Unit #4 McWing Suites
Tax Annual Amount 1150
Legal Description Bldg 3015 Unit #4 McWing Suites

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Forced Air, Electric (Heating)
Cooling system Central Air

Amenities

1/2 bath
PTAC unit

Building Details

Year built 2022
Flooring type Concrete
Building materials Frame
Roof type Metal
Listing Agency: Structure Real Estate
Listed By: Brian Wingert · License #B60468000
Added: Sep 12, 2025 Changed: Aug 4 Last Checked: Aug 16 at 7:06PM
MLS# 20254484

Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Newer storage condo/contractor bay in the CF Industrial Park, built in 2022 with frame construction, concrete flooring, and a metal roof. The space is equipped with a PTAC unit for heat and A/C, electric forced-air heating, and central air cooling. Features include a 1/2 bath, (6) 110V electrical receptacles, and (1) 220V receptacle, plus a 12' (W) by 14' (H) powered overhead (OH) door. The ceiling height is 16' (H).

The property is offered for lease with availability starting 02/01/2026 and is zoned Lght Indus for light industrial use. Water is available and public sewer services are provided. Extra first come first serve parking stalls are available nearby, and lease term options include one year or multiple year leases.

Tenant pays the association fee.

Key Highlights

  • Available 02/01/2026
  • Built in 2022 with frame construction, concrete flooring, and a metal roof
  • 8 acres within the CF Industrial Park

Property Analytics

Current Use

DinoWorks Engineering Consultant

Suggested Use

Top Pick Electrical Service Auto Repair Shop Storage Facility Restaurant

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

16 ft
Clear height
NNN (Triple Net)
Lease Type
$1.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

62
Businesses Nearby
Well-served
Demand for This Use

Demographics for 50613, IA

43,667
Population
17,808
Households
2.5
Avg Household Size
32
Median Age
48%
College-Educated
97%
High-School Grad
127.6 sq mi
ZIP Area
342
Density / Sq Mi
$75,642
Median Household Income
$33,099
Median Earnings
$1,176
Median Rent
$258,300
Median Home Value

Market

Lease Benchmarks for Cedar Falls, IA

$4.29 /SF/Yr
Avg Asking Price
$1.03–$6 /SF/Yr
Price Range
12,801 SF
Avg Space Size

This space is priced 140% above the average of $4.29 /SF/Yr.

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Newer light industrial storage flex bay with a powered overhead door, PTAC heating and cooling, and concrete floors.
Where is this flex space located?
The property is located at 3015 Capital Way Cedar Falls, IA.
What is the lease rate?
The lease rate is $850/Mo.
What are key features of this property?
This property features: Available 02/01/2026; Built in 2022 with frame construction, concrete flooring, and a metal roof; 8 acres within the CF Industrial Park
More about this property
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