Technical
Financial
Distress signals
Property profile

2460 Kerper Blvd 1 Dubuque, IA 52001

OFF-MARKET
Office buildings
Property ID
US25-0386929
64,077 SF 15.19 ac lot Built 1984
Entity Owned 20-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional industrial property, located at 2460 Kerper Blvd, Dubuque, IA 52001, offers a range of warehouse and distribution spaces within an established office/industrial park. The property encompasses a substantial 387,207 square feet across two stories, situated on a 15.19-acre lot with convenient access to Hwy 151/61. Units are available ranging from 8,773 to 43,896 contiguous square feet, with a total of 100,000 square feet currently vacant. Ceiling heights vary from 12' to 38', accommodating diverse operational needs. The building boasts 15 loading docks and ample parking for 588 vehicles. Significant improvements were completed in 2020, including six new loading docks, new boilers, an updated fire alarm system, parking lot enhancements, a roof replacement, new warehouse gas heaters (100-400 BTU's), new LED lighting (warehouses with occupancy sensors, parking lot, building entrances, and flood lighting). The property is zoned H1 and features security card access and a walking trail along the Mississippi River. Power is provided by a 77/480 system, supplemented by a 400 KW emergency generator. Lease rates vary based on ceiling height: 14'-16' ceilings are $4.00 PSF + $1.95 PSFCAM (utilities, taxes, and insurance included)

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1984
Total area 64,077 SF
Lot 15.19 ac (661,676 SF)
APN 11-18-251-012
UPID US25-0386929

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Social Service Agency Charitable Organization
  • Cafe & Coffee Shop
  • Department Store
  • Telecommunications Service Tech Support Center
  • Warehouse & Storage

Location

2460 Kerper Blvd, Unit 1 Dubuque, IA 52001-2206
Dubuque metro Census 100 DUBUQUE, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.14M
Blend (final) Blend
$1.62M

Owner & transaction history

since 2006
7 recorded transactions
2017
Price N/A
2006
Price N/A
2006
$10.3M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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