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Property profile & analytics
FOR LEASE
Industrial properties

2500 Highway 6 E Iowa City, IA 52240

342,058 SF 20.2 ac lot Built 1964
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-1989511
Property summary
AI-generated overview

This expansive Iowa City industrial property, located at 2500 Hwy 6 E, offers 23,973 square feet of immediately available flex space within a larger 341,491 square foot manufacturing facility. Built in 1964 and renovated in 1990, the building features impressive ceiling heights ranging from 12 to 25 feet, providing ample vertical space for various industrial operations. The property boasts 19 dock-high doors and 3 drive-in doors, ensuring efficient loading and unloading of goods. Heavy power is readily available, catering to energy-intensive manufacturing processes. The building also includes elevators for convenient multi-level access. Situated on a substantial 20.2-acre lot, this property offers ample outdoor space for storage, expansion, or additional development. The property is zoned for light industrial use and is identified by APN 1024277001 in Johnson County, Iowa. This multi-tenant building presents a unique opportunity for businesses seeking a well-equipped and strategically located manufacturing space in Iowa City, IA 52240. The property's size and features make it suitable for a variety of manufacturing and industrial uses. Contact us today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1964
Construction STEEL FRAME
Total area 342,058 SF
Lot 20.2 ac (879,912 SF)
APN 1024277001
UPID US25-1989511
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
$3.03M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.74M
Owner & transaction history
Phoenix Diablo Iowa City LLC · 5 yrs held
Phoenix Diablo Iowa City LLC
since 2021
Last sale
$4.5M
3 recorded transactions
2022
Price N/A
2021
$4.5M
2007
$4.4M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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