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    FOR SALE
    Warehouses

    403 W 1St St, Wilton, IA 52778

    23,602 SF 4.38 ac lot Built 1989
    Entity Owned 15-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US25-1832022
    Property summary
    AI-generated overview

    This exceptional Wilton, IA commercial property encompasses 50,750 square feet on a 4.38-acre lot, offering a unique blend of industrial and storage space. The property includes a 41,202 square foot industrial building and a 9,548 square foot storage garage, constructed in phases between 1989 and 2016. Key features include substantial storage capacity with a 676,774-gallon tank (installed 2013) and a 685,234-gallon tank (installed 2016). The building boasts 1,500 square feet of office space, providing ample administrative area. High ceilings range from 16 to 37 feet, accommodating various equipment and operations. Access is facilitated by five overhead doors and one dock door, ensuring efficient loading and unloading. The electrical system is robust, featuring two 600-amp, 3-phase electrical panels supplemented by additional subpanels. Recent upgrades include energy-efficient LED lighting throughout. A significant advantage is the property's rail service via the Iowa Interstate Railroad, providing seamless connectivity to all Class 1 railroads. Strategically located in an M-1 zoned area, the property enjoys convenient proximity to Highway 38 and Interstate 80, offering excellent transportation links. This property presents a rare opportunity for businesses requiring substantial industrial space, significant storage capacity, and convenient rail access.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1989
    Total area 23,602 SF
    Lot 4.38 ac (190,792 SF)
    Zoning code M1-LIGHT MANUFACTURING
    APN 301432001
    UPID US25-1832022
    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
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.91M
    Owner & transaction history
    Bank Of The West · 15 yrs held
    Bank Of The West
    since 2011
    4 recorded transactions
    2025
    2023
    2021
    2011
    $522,257
    Zoning & alternative use
    M1-LIGHT MANUFACTURING · Wilton, IA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $2.8M +20.5%
    Medical building $2.4M +3.6%
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    More about this property
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