Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    700 Ln Belmond, IA 50421

    Sponsored
    For Lease
    Contact for pricing

    Large industrial warehouse, ideal for multiple tenants. High ceilings, ample parking.

    Lot size:
    22,648 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    414
    This expansive industrial warehouse at 700 Luick's Lane in Belmond, Iowa, offers 22,648 square feet of vacant space, perfect for multiple tenants. The property sits on a generous 25.02-acre lot and features a range of desirable characteristics for industrial operations. The building boasts ceiling heights ranging from 20 to 28 feet, providing ample vertical space for storage and operations. Four loading docks ensure efficient loading and unloading of goods. Parking is abundant, with space for 450-500 vehicles. The warehouse is equipped with 3-phase, 440V power, suitable for a variety of industrial uses. The property is zoned for industrial use and has a Wright County APN of 043-040-1004. Built in 1980, the structure is well-established and ready for immediate occupancy. While the entire 22,648 square feet is currently available, the property is divisible to a minimum of 400 square feet, offering flexibility for businesses of various sizes. The maximum contiguous space available is 12,500 square feet. The property's location in Belmond, Iowa, zip code 50421, provides convenient access to transportation routes and local amenities. This is an exceptional opportunity for businesses seeking a large, well-equipped warehouse in a desirable location.

    Property Features for 700 Ln

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,648 SF

    Building Details

    Year Built
    1980

    Unit(s) available at that property

    Space
    Ancillary Buildings
    Size
    22,648 SF

    We can help!

    Listing Contact
    Kurt Jensen

    Learn more

    HighLights

    • 22,648 SF industrial warehouse available for lease in Belmond, IA (50421).
    • Located on a 25.02‑acre lot with 4 loading docks and parking for 450‑500 vehicles.
    • Features 20‑28' ceiling heights, 3‑phase 440V power, and divisible space (minimum 400 SF, maximum contiguous 12,500 SF).
    • Wet fire suppression system; T8 fluorescent interior and LED exterior lighting; steel, metal, brick, and block construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Belmond
    County
    Wright
    State
    Iowa
    Longitude
    -93.6037361
    Latitude
    42.8392109

    Nearby Comparable

    • $750 /Mo
      2,614 SF

      Storefront in Historic Clarion

      Storefront near Wright County Courthouse available for lease.
      113 1St Ave NE, Clarion, IA 50525
      View Details
    • $8 SF/Yr
      3,432 SF

      Iowa River Industrial Facility

      Scenic 11.7-acre property with industrial facility and outdoor storage.
      18360 County Hwy, Alden, IA
      View Details
    • $13 SF/Yr
      4,298 SF

      Mason City Retail Center Opportunity

      Prime Retail Space Available, High Visibility
      451-497 Indian Head Dr, Mason City, IA 50401
      View Details
    • $9 SF/Yr
      2,380 SF

      Retail Space in Mason City

      Retail spaces available for lease near Wal-Mart Supercenter.
      497 Indian Head Dr, Mason City, IA 50401
      View Details
    • $9 SF/Yr
      2,695 SF

      Retail Space in Mason City

      Retail spaces for lease on Wal-Mart Supercenter outlot.
      451 Indian Head Dr, Mason City, IA 50401
      View Details
    • Contact for pricing
      270,000 SF

      Willow Creek Crossing Retail Spaces

      Mason City, IA retail spaces available.
      0 Hwy 122 & Einsenhower Ave, Mason City, IA 50401
      View Details
    • Contact for pricing

      High Bulk Warehouse For Rent

      Warehouse with conveyor sortation and ample parking, near I-35.
      2400 19Th St Southwest, Mason City, IA 50401
      View Details
    • $120 SF/Yr
      1,000 SF

      Mason City Executive Office Suite

      1000 sq ft Office Space - NNN Lease
      625 Village Green Dr, Mason City, IA 50401
      View Details
    • Contact for pricing
      2,975 SF

      Retail Space in Mason City

      Retail space available in a high-traffic Mason City location.
      2261 4Th St Southwest, Mason City, IA 50401
      View Details
    • Contact for pricing
      2,975 SF

      Mason City Retail Space For Lease

      Prime location, 2,975 sq ft available.
      2261 4Th St, Mason City, IA 50401
      View Details
    • $9 SF/Yr
      11,978 SF

      Plaza West Retail Center, Mason City

      Grocery-anchored retail space available.
      2400 4Th St, Mason City, IA 50401
      View Details
    • $250,000
      5,040 SF

      Webster City Office Building

      Single-story office building for sale or lease in Webster City.
      1921 Superior St, Webster City, IA 50595
      View Details

    FAQs

    What type of property is this?
    Distribution property - Large industrial warehouse, ideal for multiple tenants. High ceilings, ample parking.
    Where is this distribution property located?
    The property is located at 700 Ln Belmond, IA.
    What are key features of this property?
    This property features: 22,648 SF industrial warehouse available for lease in Belmond, IA (50421).; Located on a 25.02-acre lot with 4 loading docks and parking for 450-500 vehicles.; Features 20-28' ceiling heights, 3-phase 440V power, and divisible space (minimum 400 SF, maximum contiguous 12,500 SF).
    Request Owner's contact information
    700 Ln Belmond, IA 50421
    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.
    700 Ln
    Belmond, IA 50421
    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
    700 Ln Belmond, IA 50421
    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

    We can help!
    Listing Contact
    Kurt Jensen
    Real Estate License ID: WI
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.