Heated Warehouse Suite with Loading
For Sale
Contact for pricing
3530 Marnie Ave Unit B, Waterloo, IA 50701
Single-story warehouse suite with heating, insulation, loading docks, and fire sprinklers.
Property Size51,900 SF
Days on Market126
Property Features for 3530 Marnie Ave Unit B
General Information
Standard status
Active
Size
51,900 SF
Property subtype
Commercial
Warehouse & Industrial
Dock-High Doors
3
Sprinkler System
Yes
Building Details
Year Built
2021
Stories
1
Building Size
51,900 SF
Listing Agency:
Pinnacle Realty
Listed By:
Trev Adair · License #322502720
(319) 350-9476
Source:
Centraliowahomesearch
Added: Jun 16
Changed: Oct 7
Last Checked: Oct 19 at 7:04AM
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 Pinnacle Realty
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Investment Insights
Based on property information with market context.
Suite B provides 22,800 square feet within a 51,900-square-foot commercial building. The single-story warehouse space was built in 2021 and includes heating, insulation, three loading docks, and a sprinkler system.
The suite is structured as an NNN lease and is located at 3530 Marnie Avenue B in Waterloo, Iowa. Its combination of enclosed warehouse area, loading access, and climate-related improvements supports industrial storage and distribution operations.
The suite is structured as an NNN lease and is located at 3530 Marnie Avenue B in Waterloo, Iowa. Its combination of enclosed warehouse area, loading access, and climate-related improvements supports industrial storage and distribution operations.
Key Highlights
- 22,800‑square‑foot Suite B within a 51,900‑square‑foot building
- Heated and insulated warehouse space
- Three loading docks for freight access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,613,907
Suggested Prices Based on Cap Rates
Cap Rate 5%
$32,278,140
$32.3M
Cap Rate 7%
$23,055,814
$23.1M
Cap Rate 9%
$17,932,300
$17.9M
Market Conditions
NOI Build-Up for 22,800 SF
Gross rent
$2.01M $88.32/SF
− Vacancy
−$115.0K −$5.04/SF
EGI
$1.90M $83.28/SF
− OpEx
−$284.8K −$12.49/SF
NOI
$1.61M $70.79/SF
Area
Black Hawk County, IA
Vacancy
5.71%
Lease Rate
$88.32 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$32,278,140
Cap Rate 7%
$23,055,814
Cap Rate 9%
$17,932,300
Alternative Uses
Best Use
Warehouse
$23.06M
$20.17M – $26.90M
NOI $1,613,907 @ 7.0% cap · market cap 161,390,700.00%
Second Best
—
—
no second resolved use
Theoretical Best
Mixed Use
$28.58M
$25.01M – $33.35M
NOI $2,000,700 @ 7.0% cap · market cap 200,070,000.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Dock-high doors
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 50701, IA
29,806
Population
14,530
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
95%
High-School Grad
79.1 sq mi
ZIP Area
377
Density / Sq Mi
$62,857
Median Household Income
$41,464
Median Earnings
$846
Median Rent
$183,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Forward Storage Waterloo — 2448 K Line Dr, Waterloo, IA 50701
- Cedar Crossing Storage — 3556 Marnie Ave, Waterloo, IA 50701
Frequently Asked Questions
What type of property is this?
Warehouse - Single-story warehouse suite with heating, insulation, loading docks, and fire sprinklers.
Where is this warehouse located?
The property is located at 3530 Marnie Ave Unit B Waterloo, IA.
What are key features of this property?
This property features: 22,800‑square‑foot Suite B within a 51,900‑square‑foot building; Heated and insulated warehouse space; Three loading docks for freight access
