1110 Dina Ct Hiawatha, IA 52233-1299
- Office Properties & Spaces
- 12,589 SF
- 1.28 lot acres
Dec 04, 2024
Current Use by Public Records
- RJ Murphy Realtor/Skogman Realty / Real Estate Agency
- Jenkins Margie / Real Estate Agency
- Steve Schroeder: Skogman Realty / Real Estate Agency
- Megan Stobb, REALTOR with Skogman Realty / Real Estate Agency
- Sarah Penney, Licensed Realtor with Skogman Realty / Real Estate Agency
Property Details for 1110 Dina Ct
- Year built
- 2000
- Lot size
- 1.28 lot acres
- Property size
- 12,589 SF
- Property type
- Office Properties & Spaces
- APN
- 11-32-1-29-004-0-0000
- APU
- 113212900400000
Description
This exceptional 12,513-square-foot office building in Hiawatha, Iowa, presents a unique investment opportunity. Located at 1110 Dina Court, this single-story, 2-suite building boasts a convenient location right off I-380 at the Boyson Road exit, offering excellent visibility and accessibility. Built in 2000, the property sits on a spacious 55,757-square-foot lot and features a 7-10' ceiling height. Suite A, comprising 8,635 square feet, includes its own separate entrance, an outside patio, ample storage, kitchen/break areas, and multiple conference rooms of varying sizes. The building is fully vacant, providing immediate occupancy for a single tenant or the potential for multiple tenants. Recent upgrades include a new Firestone membrane roof (2020) and a new 7.5-ton HVAC unit (2020). Parking is abundant, with a concrete surface accommodating 63 vehicles. The property is ADA compliant, featuring zero-entry access and ADA-compliant bathrooms. Excellent signage opportunities exist on Dina Court. The surrounding area includes prominent businesses such as UnityPoint, Culver's, McGrath Family Dealerships, and Roasters Coffee. The property is zoned C-4 in Linn County, Iowa, and offers significant potential for a variety of commercial uses. Furniture is negotiable.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $955,000
- AI Estimate
- $934,000
Market price range: $420k - $1.16MMarket price range: $391k - $1.15M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $795,000 Current use
- RESTAURANT
- $1,425,000 Change: +79% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,345,000 Change: +69% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,290,000 Change: +62% Conversion: Difficult
- MEDICAL BUILDING
- $1,255,000 Change: +58% Conversion: Easy
- RETAIL STORES
- $1,015,000 Change: +27% Conversion: Easy
- OFFICE BUILDING
- $995,000 Change: +25% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $770,000 Change: -3% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Hiawatha
- County
- Linn
- State
- Iowa
- Longitude
- -91.683
- Latitude
- 42.0493
- CBSA code
- 16300
- CBSA name
- CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA