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Property profile & analytics
OFF-MARKET
Warehouses

3015 Capital Way 1 Cedar Falls, IA 50613

990 SF 0.08 ac lot Built 2022
Individually Owned Absentee Owner Free & Clear
Property ID
US25-0635474
Property summary
AI-generated overview

This exceptional offering presents a unique opportunity to acquire brand-new Class A industrial condo units in Cedar Falls, Iowa's thriving industrial park. Located at 3015 Capital Way, these versatile spaces, ranging from 990 to 3,860 square feet, are perfect for a variety of uses, including warehouse, flex, and R&D operations. Built in 2022, each unit boasts 16-foot ceilings, a 12' wide by 14' tall overhead door (in a 22' x 45' space), and a convenient walk-in door. Individual electric and water meters are included, ensuring efficient utility management. Units feature insulated walls, a heating/cooling system, and a finished bathroom. An annual HOA fee covers lawn maintenance, snow removal, and exterior insurance. Smaller units start at $106,500 for 990 square feet. Larger spaces can be created by combining multiple units to accommodate needs from 2,000 to 7,000 square feet. The permitted zoning is industrial, making these properties ideal for a range of businesses. This is a rare chance to own your own space in a modern, well-maintained building within a prime industrial location. Note that optional features, such as mezzanines, fans, and railings, are available at an additional cost. The asking price for individual units starts at $109,000.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2022
Construction FRAME
Total area 990 SF
Lot 0.08 ac (3,267 SF)
APN 8914-34-277-008
UPID US25-0635474
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
  • DinoWorks Engineering Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
GERROT L JACOBSON
GERROT L JACOBSON
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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