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Property profile & analytics
OFF-MARKET Estimated value $555,000
Manufacturing properties

208 Quaker Ml Dr Manchester, IA 52057-1056

47,432 SF 1.59 ac lot Built 1967
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US25-0718937
Property summary
AI-generated overview

This exceptional 47,432-square-foot industrial property, located at 208 Quaker Mill Dr, Manchester, IA 52057, presents a unique opportunity for businesses seeking warehouse, distribution, or manufacturing space. Built in 1960 and extensively renovated in 2023, this single-story building boasts a 18.5-foot (peak) ceiling height, providing ample vertical space for storage and operations. The property features two dock-high doors and two drive-in doors, ensuring efficient loading and unloading. Power is robust, with 800 amps, 480v, 3-phase electrical service available. Modernizations include motion-sensor LED lighting and a 100% wet-sprinkler fire suppression system, enhancing safety and efficiency. Significant recent improvements encompass interior and exterior painting, and the installation of new natural gas heaters. Roof longevity is further ensured by a 65% replacement completed since 2016. The property sits on a 3.6-acre lot. The full building is available for lease at $3.25 per square foot, NNN. The owner is also open to leasing smaller suites of approximately 20,000 square feet. This prime location in Manchester, Iowa offers easy access to transportation networks, making it an ideal choice for businesses seeking a modern and functional industrial space.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1967
Total area 47,432 SF
Lot 1.59 ac (69,260 SF)
APN 630203202300
UPID US25-0718937
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
$630k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$555k
Owner & transaction history
Rogue Partners LLC · 3 yrs held
Rogue Partners LLC
since 2022
Last sale
$550,000
3 recorded transactions
2025
Price N/A
2023
Price N/A
2022
$550,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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