3015 Capital Way 1 Cedar Falls, IA 50613
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.
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DinoWorks Engineering Consultant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.