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    18983 Wendover Ave Granger, IA 50109

    For Sale
    $1,495,000

    22,425 SF Warehouse, Light Industrial

    Property size:
    22,425 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This single-story, 22,425-square-foot warehouse is situated on a 1.46-acre lot in Granger, Iowa, and is offered for sale at $1,495,000. Built in 1976 and renovated in 2010, the property features 15 drive-in doors, providing ample access for loading and unloading. The building is zoned for Light Industrial use within Dallas County and benefits from 480V/3-phase power. Significant outdoor storage space is available. The property includes multiple bays for efficient workflow. Its convenient location is approximately half a mile from a major highway. There's also an option to purchase additional adjacent land to the west, offering potential for expansion. This well-maintained warehouse presents a strong investment opportunity in a desirable industrial location. The property's single-story design and ample parking contribute to its functionality and appeal. The building's 1976 construction date, coupled with the 2010 renovation, suggests a balance of established infrastructure and updated features.

    Property Features for 18983 Wendover Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    22,425 SF
    Lot Size
    63,598 SF

    Building Details

    Year Built/Renovated
    1976/2010
    Buildings
    1
    Stories
    1
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    En-Save XL Inc. Water Softening Equipment Supplier

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Storage Facility Home Appliance Store Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Granger
    County
    Dallas
    State
    Iowa
    Longitude
    -93.843851969886
    Latitude
    41.761237578282

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    FAQs

    What type of property is this?
    Distribution property - 22,425 SF Warehouse, Light Industrial
    Where is this distribution property located?
    The property is located at 18983 Wendover Ave Granger, IA.
    What is the asking price?
    The asking price for this property is $1,495,000.
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    Granger, IA 50109
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    Realmo Value Estimation

    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.

    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.

    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
    18983 Wendover Ave Granger, IA 50109
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