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    FOR LEASE
    Manufacturing properties

    3530 Marnie Ave, Waterloo, IA 50701

    51,900 SF 6.08 ac lot Built 2021
    Entity Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US25-0030413
    Property summary
    AI-generated overview

    This exceptional 51,900-square-foot industrial property in Waterloo, IA, offers unparalleled flexibility for a variety of commercial uses. Situated on a 6.08-acre lot at the crossroads of Highways 20 and 63 in the Cedar Valley, this single-tenant building boasts a 20-foot ceiling height, six loading docks, two drive-ins, and ample parking for 30 vehicles. Built in 2021, the structure is zoned C2 - M1 Flex Zoning, allowing for diverse applications including warehousing, manufacturing, distribution, and research & development. The space is divisible, with potential configurations including approximately 22,800 square feet of warehouse space and 27,000 square feet of combined warehouse, industrial, manufacturing, shipping, and flex space, along with 2,100 square feet of office space. The property features three-phase power and a low tax rate of $2.35 per square foot. Currently vacant, this property presents a unique opportunity for businesses seeking a modern, efficient, and strategically located industrial facility. The address is 3530 Marnie Ave, Waterloo, IA 50701.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 2021
    Total area 51,900 SF
    Lot 6.08 ac (264,844 SF)
    APN 8813-06-426-058
    UPID US25-0030413
    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
    • KCNG Industrial Manufacturer Production Facility
    • Cedar Valley Crossing Industrial Manufacturer Production Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.68M
    Owner & transaction history
    Fusion Investments II LLC · 3 yrs held
    Fusion Investments II LLC
    since 2023
    2 recorded transactions
    2023
    2022
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $2.8M +25.4%
    Medical building $2.6M +18.1%
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    More about this property
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