North Liberty Flex/Industrial
580 Madison Avenue North Liberty, IA 52317
580 Madison Avenue, North Liberty, IA, 52317
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For Sale
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3,300 SF flex/industrial property in North Liberty, Iowa.
Property Size3,300 SF
Price / SF$93.94
Days on Market55
Property Features for 580 Madison Avenue
General Information
- Standard status
- Active
- Size
- 3,300 SF
- Property subtype
- Office, Industrial
Building Details
- Year Built
- 2002
Listing Agency
Lepic-Kroeger, REALTORS
Listed by
Jeff Edberg · License #IA B33730000
Source
Crexi
Added: May 26 Checked: Jul 13 at 8:47 am
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 Lepic-Kroeger, REALTORS
Investment Insights
Based on property information with market context.
This 3,300 square foot property is located in North Liberty, Iowa. The property is suitable for flex space, industrial, office, and warehouse uses.
Key Highlights
- 3,300 SF of flexible/industrial space.
- Located in North Liberty, Iowa.
- Built in 2002.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.7k | $9.60 |
| − Vacancy | −$1.4k | −$0.43 |
| EGI | $30.3k | $9.17 |
| − OpEx | −$4.5k | −$1.38 |
| NOI | $25.7k | $7.79 |
3,300 SF · lease $9.60/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Office B
$541.0K
$473.4K – $631.1K
NOI $37,868 @ 7.0% cap · market cap 12.22%
Second Best
Warehouse
$367.4K
$321.5K – $428.6K
NOI $25,716 @ 7.0% cap · market cap 8.30%
Theoretical Best
Office A
$716.9K
$627.3K – $836.4K
NOI $50,181 @ 7.0% cap · market cap 16.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
North Liberty Clinic ...
Alternative Medicine Practice
Lincare
Home Health Care Service
Thomas J. Holub, ...
Alternative Medicine Practice
Counterfeit Free
Hotel & Motel
Prevail Counseling for Wellness
Counselor
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FAQs
What type of property is this?
Flex space - 3,300 SF flex/industrial property in North Liberty, Iowa.
Where is this flex space located?
The property is located at 580 Madison Avenue North Liberty, IA.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: 3,300 SF of flexible/industrial space.; Located in North Liberty, Iowa.; Built in 2002.
