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Property profile & analytics
OFF-MARKET
Warehouses

900 Avenue H Carter Lake, IA 51510

78,400 SF 4.6 ac lot Built 2000
Property ID
Property summary
AI-generated overview

This exceptional 78,400-square-foot industrial property, situated on a 4.6-acre lot in Carter Lake, Iowa, presents a compelling investment opportunity. Built in 2000, the single-building facility boasts a desirable location offering convenient access to major transportation arteries, including I-480, I-680, I-80, I-29, and Highway 75, as well as proximity to the airport. The building itself is exceptionally well-maintained and features a precast construction, providing durability and longevity. High ceilings, ranging from 24 to 27 feet clear height, accommodate a variety of operational needs. Efficient loading and unloading are facilitated by 12 dock doors and 6 drive-in doors. Safety is prioritized with an ESFR sprinkler system throughout. A spacious truck court ensures ample maneuvering space for large vehicles. The property is zoned GI and offers significant potential for various industrial uses, including distribution and manufacturing. This turnkey facility is ready for immediate occupancy and represents a rare opportunity to acquire a high-quality industrial asset in a strategic location. The asking price is $9,000,000. The property's address is 900 Avenue H, Carter Lake, IA 51510.

Property profile
Verified
Property type Warehouses
Year built 2000
Total area 78,400 SF
Lot 4.6 ac (200,376 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • K&M Tire (Bike/Boat/Book/etc) Store Auto Parts Store
  • Ruben Investments III Financial Advisor
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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