101 Highway 21 Dysart, IA 52224
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.