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    929 Marthas Way Hiawatha, IA 52233

    Sponsored
    For Sale
    $2,335,000

    20,295 SF Office/Warehouse, Vacant

    Property size:
    20,295 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 20,295-square-foot flex industrial office space is available for sale or lease in Hiawatha, Iowa. Located at 929 Marthas Way, this single-story, Class B building offers a versatile layout currently configured as primarily office space, but easily adaptable to suit industrial or flex distribution needs. Built in 2005, the property boasts convenient access to I-380, ensuring efficient transportation and logistics. The ample parking provides a 10:1,000 ratio, accommodating employees and visitors. Building features include one overhead door and shared dock access in the rear. The asking price is $2,335,000, translating to $115.05 per square foot. The property is currently vacant, presenting a unique opportunity for immediate occupancy. Its strategic location in Linn County, near Kirkwood Community College Linn County Campus, Primerica, World Class Industries, Karma Coffee Cafe, Lucky Penny, and Farm Credit Services of America, offers excellent visibility and proximity to a variety of businesses. This property is an ideal choice for businesses seeking a flexible, well-located space in a thriving community. The property's adaptable design and prime location make it a highly attractive investment opportunity.

    Property Features for 929 Marthas Way

    General Information

    Property type
    Distribution properties
    Square Feet
    20,295 SF
    Class
    B

    Building Details

    Year Built
    2005
    Buildings
    1
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Tata Consultancy Services Corporate Office

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hiawatha
    County
    Linn
    State
    Iowa
    Longitude
    -91.6945923
    Latitude
    42.0464328

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    FAQs

    What type of property is this?
    Distribution property - 20,295 SF Office/Warehouse, Vacant
    Where is this distribution property located?
    The property is located at 929 Marthas Way Hiawatha, IA.
    What is the asking price?
    The asking price for this property is $2,335,000.
    Request Owner's contact information
    929 Marthas Way Hiawatha, IA 52233
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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
    929 Marthas Way Hiawatha, IA 52233
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