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Property profile & analytics
OFF-MARKET
Warehouses

1300 Saunders St Mt Pleasant, IA 52641-1564

15,260 SF 9.79 ac lot Built 1974
Entity Owned 3-yr Hold Free & Clear
Property ID
US25-1381223
Property summary
AI-generated overview

This exceptional 15,270-square-foot flex space property in Mt. Pleasant, IA, presents a unique opportunity for businesses seeking versatile and adaptable space. Located at 1300 W Saunders St, this single-tenant building boasts a blend of office, retail, and warehouse functionality, perfectly suited for a variety of commercial uses. Built in 1975 and extensively renovated in 2023, the property sits on 9.76 acres of land and features a single-story structure with 15-foot ceilings. The warehouse component offers approximately 4,000 square feet (70' x 57'), complemented by 2,800 square feet of office/retail space. Convenient features include two dock-high doors and one drive-in door, ensuring efficient loading and unloading. The property is zoned C-2 and benefits from high visibility and excellent access, situated within a thriving industrial district. With 6,800 square feet currently vacant, this property offers significant potential for growth and expansion. The APN is 180080825100400. This is an ideal location for businesses seeking a strategic presence in Mt. Pleasant, Iowa, within a vibrant and established industrial area.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1974
Total area 15,260 SF
Lot 9.79 ac (426,452 SF)
APN 180080825100400
UPID US25-1381223
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Rtm Saunders LLC · 3 yrs held
Rtm Saunders LLC
since 2022
Last sale
$315,000
2 recorded transactions
2022
$315,000
2021
$210,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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