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Property profile & analytics
OFF-MARKET
Industrial properties

390 Us Hwy 18 Garner, IA 50438-1004

12,800 SF 1.84 ac lot Built 2013
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-1853747
Property summary
AI-generated overview

This exceptional commercial property, located at 390 E US Hwy 18 in Garner, Iowa, presents a unique investment opportunity. Priced at $2,970,000, this 1.84-acre site features two buildings, offering versatile space ideal for a variety of commercial uses. The main building boasts a spacious layout with a full upper level, including a modern kitchen perfect for employee meals or client functions, and a full bathroom with washer/dryer hookups. The property also includes two offices and a heated showroom floor, enhancing its functionality and appeal. Significant cost savings are realized through the inclusion of solar panels, reducing electricity expenses. Additional features include ample parking, a loading dock, racking systems, and a storm shelter, all contributing to the property's overall value and practicality. The high-traffic location on US Hwy 18 ensures excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the Garner market. This property is ready for immediate occupancy and presents a compelling opportunity for a discerning investor or business owner. The included equipment and amenities further enhance the value proposition of this exceptional commercial offering.

Property profile
Verified
Property type Industrial properties
Use group LUMBERYARD, BUILDING MATERIALS
Year built 2013
Total area 12,800 SF
Lot 1.84 ac (80,150 SF)
APN 2150300002
UPID US25-1853747
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
N & J Enterprises LLC · 3 yrs held
N & J Enterprises LLC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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