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Property profile & analytics
OFF-MARKET Estimated value $1,935,000
Manufacturing properties

1436 F Ave Nevada, IA 50201-7952

24,000 SF 2.23 ac lot Built 2023
Entity Owned Free & Clear
Property ID
US25-0350484
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2023
Total area 24,000 SF
Lot 2.23 ac (97,139 SF)
APN 10-12-140-020
UPID US25-0350484
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
$1.78M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.94M
Owner & transaction history
ELKHART PROPERTIES
ELKHART PROPERTIES
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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