Property profile

101 Highway 21 Dysart, IA 52224

OFF-MARKET
Commercial real estate
24,418 SF 3 ac lot Built 1972
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Property summary

AI-generated overview

This expansive commercial property, located at 101 Hwy 21 in Dysart, Iowa, presents a significant opportunity for a variety of businesses. The 24,418 square foot building sits on a generous 3-acre lot, offering ample space for operations and expansion. Its strategic location provides convenient access to both Waterloo (25 minutes away) and Cedar Rapids (50 minutes away), enhancing its appeal for regional businesses. The property includes a newly constructed apartment, adaptable as office space, equipped with a mini-split heating and cooling system. A significant portion of the building (8710 square feet) features a cemented floor, ideal for industrial applications, along with insulated ceilings and back walls, newer zoned electric lighting, and two bathrooms. Additional amenities include a break room with a refrigerator and two propane heaters within this cemented area. The remaining space is currently used for cold storage. City utilities, including water, sewer, electric, and garbage service, are readily available. The property is being sold "as is," with all existing equipment excluded from the sale, providing a blank canvas for the new owner to customize the space to their specific needs. Given the absence of prior business financials, the sale focuses solely on the building and land itself. This property is a rare find and warrants immediate attention.

Property profile

Verified
Property type Commercial real estate
Year built 1972
Total area 24,418 SF
Lot 3 ac (130,680 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

101 Highway 21 Dysart, IA 52224
Dysart metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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