1850 Commercial Dr Walford, IA 52351
- Warehouses
- 9,608 SF
- 1.16 lot acres
Current Use by Public Records
- ATC RV Center / Rv Dealer
Property Details for 1850 Commercial Dr
- Year built
- 2013
- Lot size
- 1.16 lot acres
- Property size
- 9,608 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 20302-02014-00000
- APU
- 203020201400000
Description
This exceptional investment opportunity encompasses a prime 1.16-acre industrial property located at 1850 Commercial Drive, Walford, IA, just minutes from Cedar Rapids. The property boasts two buildings offering a versatile mix of uses ideal for owner-occupancy or investment. Building #1, totaling 5,704 square feet, comprises 4,864 square feet of heated shop space, perfect for various industrial operations. Four overhead doors (two 16' x 16' and two 14' x 14') provide ample access for equipment and materials. Additionally, this building includes retail/showroom space and a 840-square-foot mezzanine level featuring a breakroom, kitchenette, restroom, and extra office and storage areas. Building #2, a substantial 9,608 square feet, houses 20 self-storage units, each equipped with either 12' x 14' or 9' x 7' overhead doors. Many of the larger units include convenient exterior outlets. The entire property is securely enclosed by a fence and gate. The property offers a significant income stream from the self-storage units (rent roll available upon request). The possession date is flexible and negotiable. This property presents a rare opportunity to acquire a well-maintained, income-generating industrial complex in a desirable location. Don't miss out on this chance to own a versatile and profitable asset.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Walford
- County
- Linn
- State
- Iowa
- Longitude
- -91.8253
- Latitude
- 41.8906
- CBSA code
- 16300
- CBSA name
- CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
