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Property profile & analytics
OFF-MARKET
Warehouses

18720 Co Hwy Williams, IA 50006

33,648 SF 11.7 ac lot Built 2015
Property ID
Property summary
AI-generated overview

This exceptional industrial property in Alden, Iowa, presents a unique investment opportunity. The complex encompasses three buildings totaling 33,648 square feet on an expansive 11.7-acre site. The main industrial building, constructed in 2015, boasts 33,648 square feet of net rentable area with an impressive 18-foot clear height. It features 13 drive-in doors and includes 2,592 square feet of finished Class A office space, plus a 990-square-foot conference room. Two additional buildings provide ample space for various uses. The property includes a substantial 500' x 400' yard area with 8-inch thick concrete, ideal for large truck and heavy equipment storage and servicing. Infrastructure includes 3-phase electric, propane gas, two high-capacity wells, and on-demand water heaters and water softeners. Safety features include internal and external storm shelters. The office area features commercial-grade carpet and porcelain tile, showers in three bathrooms, and key fob entry. The shops are equipped with radiant heat, electric garage door openers, epoxy floors, and exhaust fans. A full-size wash bay with a sand separator is also included. Additional features include security lighting, cameras, fiber optic access, dedicated servers, and multiple remote access points. The property's zoning consists of two parcels zoned Manufacturing and two zoned Conservation. The complex also includes pilot's quarters and four two-story guest quarters, offering versatile accommodation options. Septic systems are in place. The property's location offers convenient access to Highway D20 and is approximately one mile east of Alden, with Iowa Falls and Highway 65 about five miles to the east. The asking price is $5,625,000.

Property profile
Verified
Property type Warehouses
Year built 2015
Total area 33,648 SF
Lot 11.7 ac (509,652 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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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