1436 F Ave Nevada, IA 50201-7952
This exceptional 24,000-square-foot pre-engineered metal building in Nevada, Iowa, presents a unique investment opportunity. The property sits on a generous 2.24-acre lot and offers flexible layouts to accommodate a variety of commercial uses. Units range in size from 1,500 square feet to the full 24,000 square feet, allowing for customization to meet specific business needs. Individual bays measure 30 feet wide by 50 feet deep, or can be combined to create larger spaces up to 30 feet wide by 100 feet deep. Each bay includes a 12' x 14' overhead door and a 200-amp, 3-phase electrical panel, providing ample power for various operations. Utilities are conveniently stubbed for water, sewer, and natural gas. The building features insulated and fireproof demising walls, finished with taped and sanded surfaces, ready for tenant paint. The competitive pricing starts at $210,000 for a 1,500-square-foot bay, with lease options also available at $9 per square foot, Net, Net, Net. Its strategic location provides easy access to major transportation routes, enhancing logistical efficiency and accessibility for businesses. This property is ideal for businesses seeking a functional, adaptable, and well-located space.
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
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.