Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    9 Cross-Town Connector Industrial Park Fort Dodge, IA 50501
    Back to Search
    Property profile & analytics

    9 Cross-Town Connector Industrial Park, Fort Dodge, IA 50501

    View on Map
    • Land
    • 16.98 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 9 Cross-Town Connector Industrial Park

    Lot size
    16.98 lot acres
    Property type
    Land

    Description

    This exceptional 16.98-acre commercial lot presents a remarkable investment opportunity within the thriving Cross-town Connector Industrial Park in Fort Dodge, Iowa. Located in Fort Dodge's established industrial corridor, this property boasts convenient access to a substantial labor pool exceeding 158,000 people. The asking price is $1,000,000. The site is fully serviced with readily available utilities, including 12-inch water lines and 18-inch sanitary sewer lines, significantly reducing development costs and timelines. This ready-to-build lot is ideally suited for a variety of industrial uses, offering significant potential for growth and return on investment. Its strategic location within the industrial park provides easy access to major transportation routes, ensuring efficient logistics and distribution. The property's size and infrastructure make it an attractive option for businesses seeking to establish or expand their operations in a dynamic and rapidly growing area. The address is Lot 9, Cross-town Connector Industrial Park, Fort Dodge, IA 50501. This is a rare opportunity to acquire a prime industrial lot in a highly desirable location. Don't miss out on this exceptional chance to secure your future in the heart of Fort Dodge's industrial sector.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Dodge
    County
    Webster
    State
    Iowa
    Longitude
    -94.1923
    Latitude
    42.5137

    Comparable in this City

    • Value Estimation by Request
      0.25 Acres

      27th Avenue

      Land
      27th Avenue, Fort Dodge, IA 50501
      View Details
    • Value Estimation by Request
      1.78 Acres

      Dodge 1.78 Ft

      Land
      Dodge 1.78 Ft, Fort Dodge, IA 50501
      View Details
    • Value Estimation by Request
      1.78 Acres

      Parcel 0727226005

      Land
      0 Parcel 0727226005, Fort Dodge, IA 50501
      View Details
    • Value Estimation by Request
      2.98 Acres

      1 Triton Pl Leah Ln

      Land
      1 Triton Pl Leah Ln, Fort Dodge, IA 50501
      View Details
    • Value Estimation by Request
      2.01 Acres

      Dodge 2.01 Ft

      Land
      Dodge 2.01 Ft, Fort Dodge, IA 50501
      View Details
    • Value Estimation by Request
      15.54 Acres

      230Th St

      Land
      0 230Th St, Fort Dodge, IA 50501
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Vacant Land Ready to Develop

      Vacant land available for development in Fort Dodge, Iowa.
      1527 28Th Ave, Fort Dodge, IA 50501
      View Details
    • Contact for pricing
      1 SF

      Redevelopment Land Near Corridor Plaza

      Land for development near Hy-Vee and Hobby Lobby.
      212 South 29Th St, Fort Dodge, IA 50501
      View Details
    • $1,750,000
      39.92 Acres

      Fort Dodge Commercial Land Parcel

      Almost 40-acre parcel with commercial/industrial zoning near town.
      Quail Ave, Fort Dodge, IA 50501
      View Details
    • $250,000
      3.70 Acres

      Commercial Land in Fort Dodge

      Commercial lot available for sale in Fort Dodge, Iowa.
      5 S 42 St, Fort Dodge, IA 50501
      View Details
    • $178,000
      1.78 Acres

      Fort Dodge Commercial Land Available

      1.78 acre commercial land parcel in Fort Dodge, Iowa.
      Parcel 0727226005, Fort Dodge, IA 50501
      View Details
    • Contact for pricing

      Fort Dodge Development Site

      15.54 Acres near Highway 169, Fort Dodge, Iowa.
      North 230Th St, Fort Dodge, IA 50501
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr

      Prime Retail Space in Fort Dodge

      Versatile retail space with modern amenities in a convenient location.
      2817 3Rd Ave N, Fort Dodge, IA 50501
      View Details
    • $16 SF/Yr
      6,020 SF

      Retail Space in Fort Dodge

      Prime retail space in high-traffic area near major retailers.
      217 South 25Th St, Fort Dodge, IA 50501
      View Details
    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.
    9 Cross-Town Connector Industrial Park
    Fort Dodge, IA 50501
    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
    9 Cross-Town Connector Industrial Park, Fort Dodge, IA, 50501
    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!