Current Use by Public Records
- Warehouses
Property Details for 3311 Airline Hwy
- Year built
- 2024
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents two brand-new, 2,384 sq ft flex/warehouse condo units in Waterloo, Iowa, situated on a spacious 58,283 sq ft lot. Each unit, priced at $250,000, boasts a 12' x 14' overhead door with 20' side walls, a floor drain, separate electric and water meters, insulated walls, a heating/cooling unit, and a finished bathroom. The single-story, 2024-built building features a metal pole construction with asphalt parking/driveway (to be completed Spring 2024). Units include a walk-in door adjacent to the overhead door and a 200-amp surface-mounted panel. A customizable mezzanine option is available at an additional cost. The property is zoned M-1 and benefits from an annual HOA fee covering lawn care, snow removal, and exterior insurance. Conveniently located between Cedar Falls and Waterloo, near the airport, this property is ideal for owner-users seeking a versatile space for storage, small business operations, or personal use. The potential exists to combine units for a total of 4,768 sq ft. This is a rare opportunity to own a modern, well-equipped industrial space in a desirable location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waterloo
- County
- Black Hawk
- State
- Iowa
- Longitude
- -92.4033
- Latitude
- 42.5412
