Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Industrial Warehouse and Manufacturing Facility Title is generated by Realmo AI

    777 Weaver Blvd, Wapello, IA 52653

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Versatile industrial property with expansion potential in Wapello, Iowa.

    Type:Industrial
    Property size:
    63,256 SF
    Price / SF:
    $30/SF
    Added:
    Mar 2, 2026
    Days on Market:
    72
    Last Refresh:
    Mar 16 at 1:52 pm

    Property Features for 777 Weaver Blvd

    General Information

    Standard status
    Active
    Size
    63,256 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1979

    We can help!

    Listing Contact
    Harrison Kruse
    Harrison Kruse

    Listing agent Harrison Kruse License #IA S63825000

    Listing office CBRE - Des Moines

    Listing date Mar 2, 2026

    Source Crexi

    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 CBRE - Des Moines

    HighLights

    • Versatile industrial warehouse and manufacturing facility.
    • Additional ground for future expansion.
    • Strong utility infrastructure.
    • Convenient regional access.
    • Ideal for growth, repositioning, or investment.
    • Located in an area with limited industrial availability.

    Overview

    The property at 777 Weaver Blvd in Wapello, IA, is a versatile industrial warehouse and manufacturing facility. It offers functional space and additional ground suitable for future expansion. The property benefits from a strong utility infrastructure and convenient regional access. It is suited for users looking to grow, reposition, or invest in an area with limited industrial availability. The property size is 63256 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wapello
    County
    Louisa
    State
    Iowa
    Longitude
    -91.197255
    Latitude
    41.18863

    Nearby Similar for Sale

    • $52,000

      Land Ready for Dream Home

      Unimproved land with scenic views and convenient location in Wapello, IA.
      4006 Concord Ln, Wapello, IA 52653
      View Details
    • $52,000

      Land Near Heritage Oaks Golf

      Land ready for building with scenic views and utilities.
      4006 Concord Lane, Wapello, IA 52653
      View Details
    • $48,000

      Lakefront Property Lot in Wapello

      Lakefront lot ideal for building a home or cabin.
      8926 93rd Ave, Wapello, IA 52653
      View Details
    • $48,000

      Lake Odessa Waterfront Property Lot

      Waterfront lot on Lake Odessa, ideal for building.
      8926 93Rd Avenue, Wapello, IA 52653
      View Details
    • $40,000

      Land Near Recreational Opportunities

      Land with utilities ready for building near outdoor activities.
      4005 Concord Ln, Wapello, IA 52653
      View Details
    • $48,000

      Lakefront Lot in Wapello, Iowa

      Lakefront property lot with water access for home or cabin.
      8926 93Rd Avenue, Wapello, IA 52653
      View Details
    • $42,000

      Land Near Recreational Opportunities

      Unimproved land near Lake Odessa and Mississippi River.
      4003 Concord Ln, Wapello, IA 52653
      View Details
    • $51,000

      Residential Land Near Recreation

      2.84 acre residential land near recreational opportunities in Wapello, Iowa.
      4001 Concord Ln, Wapello, IA 52653
      View Details
    • $51,000

      Residential Land Near Recreation

      Land near recreational opportunities with utilities in place.
      4001 Concord Lane, Wapello, IA 52653
      View Details
    • $42,000

      Residential Land Near Recreation

      Land with utilities ready for building near recreational opportunities.
      4003 Concord Lane, Wapello, IA 52653
      View Details
    • $54,000

      Residential Land Near Golf Course

      2.13 acres of residential land near a golf course.
      4008 Concord Ln, Wapello, IA 52653
      View Details
    • $40,000

      Land For Sale in Wapello

      Land available for purchase in Wapello, Iowa.
      4005 Concord Lane, Wapello, IA 52653
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - Versatile industrial property with expansion potential in Wapello, Iowa.
    Where is this manufacturing property located?
    The property is located at 777 Weaver Blvd Wapello, IA.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: Versatile industrial warehouse and manufacturing facility.; Additional ground for future expansion.; Strong utility infrastructure.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Harrison Kruse
    Harrison Kruse
    Real Estate License ID: IA S63825000
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    777 Weaver Blvd, Wapello, IA 52653
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!