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Property profile & analytics
OFF-MARKET Estimated value $1,615,000
Office buildings

2460 Kerper Blvd 1 Dubuque, IA 52001-2206

64,077 SF 15.19 ac lot Built 1984
Entity Owned 20-yr Hold Free & Clear
Property ID
US25-0386929
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Four Oaks Family and Children's Services, Dubuque Social Service Agency Charitable Organization
  • '35 Cafe Cafe & Coffee Shop
  • Hirschbach Department Store
  • American Customer Care Telecommunications Service Tech Support Center
  • White Distribution and Supply Warehouse & Storage
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
310 Huehl LLC · 20 yrs held
310 Huehl LLC
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
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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