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    FOR LEASE
    Flex space

    2740 Stoner Ct, North Liberty, IA 52317

    5,600 SF 5.19 ac lot Built 2005
    Trust Owned Absentee Owner ~ Est. High Equity
    Property ID
    US25-2309962
    Property summary
    AI-generated overview

    This exceptional 5,600-square-foot flex space, situated on a 2.3-acre lot in North Liberty, Iowa, presents a unique opportunity. Built in 2005, the single-tenant building boasts a 20-foot ceiling height, four drive-in doors (allowing for convenient drive-through access), and 600 amps of power. The property features a heated service area with a waste oil-fueled in-floor heating system, office areas with HVAC, and a storage mezzanine. A grease trap with separator is also included. The building's strategic location directly faces I-380, experiencing high daily traffic volume (54,400 vehicles). The expansive 60,000-square-foot reinforced concrete lot provides ample space for display or storage. Utilities include North Liberty water and sewer, gas, and Southslope high-speed fiber. The property is zoned I1 and is available for lease. Note that an adjacent 2.9-acre lot is also available for lease or build-to-suit, offering potential for expansion. This property is ideal for a truck sales or repair facility.

    Property profile
    Verified
    Property type Flex space
    Use group LIGHT INDUSTRIAL
    Year built 2005
    Total area 5,600 SF
    Lot 5.19 ac (226,076 SF)
    APN 610452007
    UPID US25-2309962
    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
    • Brown NationaLease Trucking Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $560k
    CAP Approach CAP
    $515k
    Comparable Approach Comparable
    $706k
    Blend (final) Blend
    $695k
    Owner & transaction history
    Ruth A Boyer Revocable Living Trust
    Ruth A Boyer Revocable Living Trust
    since 2026
    4 recorded transactions
    2026
    2026
    2026
    2018
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $1.0M +95.8%
    Retail stores $880,000 +68.4%
    Office building $720,000 +38.0%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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