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    507 Research Dr Perry, IA 50220

    Sponsored
    For Sale
    $1,500,000

    30,000 SF Industrial Building, Vacant

    Property size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 30,000-square-foot industrial building is available for sale. Located at 507 Research Dr in Perry, IA, zip code 50220, this single-story, 2024-built structure sits on a 5.26-acre lot within the Perry Industrial Park. The property is zoned I - Industrial and offers a 30-foot ceiling height, making it ideal for various distribution, flex, or warehouse uses. The asking price is $1,500,000, or $50 per square foot. The Perry Industrial Park is a 151-acre certified site for light industrial development, featuring established research and science park tenants and readily available gig-ready fiber optic infrastructure. All necessary utility infrastructure is in place, and the site has completed surveys and environmental assessments, including Phase 1 EAS, cultural, wetlands, geotechnical/soil, and endangered species studies. This vacant building presents a turnkey opportunity for immediate occupancy. The building is currently a shell, awaiting final use layouts.

    Property Features for 507 Research Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    30,000 SF
    Lot Size
    229,126 SF

    Building Details

    Year Built
    2024
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 30,000 SF industrial building for sale at $1,500,000 ($50/SF).
    • Located at 507 Research Dr, Perry, IA 50220, within the Perry Industrial Park.
    • Single‑story, 2024 construction on a 5.26‑acre lot; I‑Industrial zoning.
    • 30‑foot ceiling height, suitable for distribution, flex, or warehouse uses.
    • Turnkey opportunity; shell building ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Perry
    County
    Dallas
    State
    Iowa
    Longitude
    -94.070891356075
    Latitude
    41.829945826086

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    FAQs

    What type of property is this?
    Distribution property - 30,000 SF Industrial Building, Vacant
    Where is this distribution property located?
    The property is located at 507 Research Dr Perry, IA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 30,000 SF industrial building for sale at $1,500,000 ($50/SF).; Located at 507 Research Dr, Perry, IA 50220, within the Perry Industrial Park.; Single-story, 2024 construction on a 5.26-acre lot; I-Industrial zoning.
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    507 Research Dr Perry, IA 50220
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    Perry, IA 50220
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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
    507 Research Dr Perry, IA 50220
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