5311 Oakcrest Hill Rd Riverside, IA 52327
This exceptional industrial property, located at 5311 Oak Crest Hill Rd SE, Unit 1 & 2 in Riverside, IA 52327, offers 2,688 square feet of versatile space ideal for manufacturing, flex, warehouse, or distribution operations. Built in 2019, this single-tenant Class D building features one story and boasts a spacious 48'x64' bay with two 14-foot overhead doors, perfect for efficient loading and unloading. The property includes two half-bathrooms equipped with slop sinks, providing convenient restroom facilities. Heating is provided by a Reznor system. Four parking spaces are available on-site. The property is conveniently located just off Highway 218, offering easy access to major transportation routes and is less than 15 minutes from the Iowa City Metro area. The monthly rent of $1,900 includes taxes, insurance, and water. Tenants are responsible for gas, electricity, and other utilities. A one-year minimum lease term is required. The property is zoned commercial and offers two drive-in doors for added convenience. This property presents a fantastic opportunity for businesses seeking a functional and well-located industrial space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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