323 Cherry StNorth Liberty, IA 52317

  • Industrial properties
  • 6,480 SF
For Lease
$7.30/SF/YR View listing

Property Details for 323 Cherry St

Year built
1978
Construction
FRAME
Lot size
3.90 AC
Property size (Sq ft)
6,480 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
612451010
APU
612451010

Description

This exceptional 6,480-square-foot industrial property in North Liberty, IA, offers a unique blend of flex, warehouse, distribution, and R&D space. Situated on 5.44 acres, this single-tenant building boasts a 14-foot ceiling height and is conveniently located off Cherry Street, between Cherry Street and Zeller, providing easy access to I-380 and I-80. Built in 2004, the property features 1,944 square feet of climate-controlled space with forced air heating and cooling, metal lining, and an 8'x12' connecting door to the remaining 4,536 square feet of open warehouse space. The warehouse area includes a 12'x12' overhead door and a 3'x0' man door. The property also includes a painted concrete floor, a stainless steel sink, a safety shower, a water softener, and a substantial 3-phase electrical service. Ample parking is available, with the potential for expansion. The zoning is industrial. The gross monthly lease is $3,942, plus separately metered utilities. This property is ideal for a variety of uses and offers flexible lease terms. Twenty or more parking spaces are available, with potential for more.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,984,384
    Hospitality
    $1,817,685
    Educational
    $1,512,293
    Medical
    $1,564,303
    Retail
    $2,352,455
323 Cherry St, North Liberty, Iowa
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Location Insight

City
North Liberty
County
Johnson
State
Iowa
Latitude
41.7464
Longitude
-91.6036
CBSA code
26980
CBSA name
IOWA CITY, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,740
$407,700
$272,700
$680,400
-
$407,700
$272,700
$680,400

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