1010 220th Ave Maquoketa, IA 52060-8511
This Maquoketa, Iowa property offers a unique investment opportunity encompassing three buildings totaling over 13,800 square feet on a 4.82-acre lot. The property includes a former showroom and shop (Building 1, approximately 4,560 sq ft) with an attached 51' x 79' insulated metal shed (built 1967) featuring a 16-foot overhead door. Building 2, a fully cemented metal warehouse (approximately 4,872 sq ft, built 1968), and Building 3, a finished and insulated metal shop (approximately 4,440 sq ft, built 1976) with a 16-foot overhead door, complete the complex. The property, zoned C-Commercial, benefits from city water and sewer connections. Located on County Highway 220th Avenue, it enjoys a daily traffic count of 1,040 vehicles and convenient access to Highway 61 (approximately 1 mile north). The remaining acreage is currently grassy, previously used for outdoor storage. The asking price is $675,000. The APN is 0600050000. This versatile property is suitable for a variety of commercial, flex, warehouse, or manufacturing uses. Ceiling heights reach 16 feet.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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