Property profile

1801 11th St De Witt, IA 52742

OFF-MARKET
Warehouses
Property ID
US25-1122272
10,368 SF 7 ac lot Built 2000
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional industrial property in DeWitt, Iowa, presents a unique investment opportunity. The complex comprises three buildings totaling 37,632 square feet, situated on a substantial 7.18-acre lot. Building 1, a warehouse/showroom space, offers 22,080 square feet, featuring four overhead doors, one sliding door, and 3-phase electrical service within the main shop area. Building 2 is a 10,368-square-foot warehouse equipped with one overhead door and 3-phase electrical service. Building 3 is a 5,184-square-foot post-frame structure with a roof only, lacking exterior walls, offering potential for customization. The entire complex benefits from a robust 600-amp, 3-phase electrical service. While not sprinklered, the buildings offer significant space and potential. Approximately 4.43 to 4.68 usable acres are available, with an additional 2.5 to 2.75 acres situated in a floodplain. This expansive lot allows for ample outdoor storage. The property is connected to the city sewer system and utilizes a private well. Benefitting from high visibility on 11th Street, with an average annual daily traffic count of nearly 9,000 vehicles, this location provides excellent access to both Highway 30 and Highway 61, ensuring convenient transportation and logistics. This property is ideal for businesses requiring substantial space, outdoor storage, and high visibility.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2000
Total area 10,368 SF
Lot 7 ac (304,920 SF)
APN 2014013900
UPID US25-1122272

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1801 11th St De Witt, IA 52742-1253
De Witt metro Census 900 CLINTON, IA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$935k
Comparable Approach Comparable
by Request
Blend (final) Blend
$925k

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2021
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $1.3M +42.1%
Commercial (general) $930,000 +4.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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