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    42 Spruce St Tipton, IA 52772
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    Property profile & analytics

    42 Spruce St, Tipton, IA 52772

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    • Warehouses
    • 19,100 SF
    • 1.54 lot acres
    Versatile Commercial Building in Tipton For Sale
    $899,000
    54,600 SF

    Versatile Commercial Building in Tipton

    54,600 sq ft multi-purpose commercial building for sale.

    42 Spruce St, Tipton, IA 52772
    View Listing
    Property ID
    US25-2099769
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 42 Spruce St

    Year built
    2013
    Lot size
    1.54 lot acres
    Property size
    19,100 SF
    Property type
    Warehouses
    APN
    48011063000180
    APU
    48011063000180

    Description

    This 17,000 square foot building, constructed in 2013, is situated on a large lot at 42 Spruce Street in Tipton, Iowa. Previously utilized as a youth sports complex, it offers a unique opportunity for diverse commercial applications. The structure boasts 24' sidewalls and a 26' center ceiling height, providing ample vertical space. Features include four overhead doors (two 12'x16', one 24'x16'), five man doors, a sprinkler/fire/alarm system, three-phase electrical service, four tube heaters, and HVAC in the entry and meeting rooms. Additional amenities consist of two large ceiling fans, seven high-volume vents capable of complete air recirculation in six minutes, a mezzanine for spectators, four volleyball courts, four basketball courts, two team rooms, two restrooms, and four drinking fountains. The building also includes a 32' x 50' entry area with a director's office and concessions. Its strategic location offers easy access to major transportation routes, being just eight miles north of Iowa 80, ten miles south of Iowa 30, and within reasonable driving distance of Cedar Rapids (41 miles) and Iowa City (28 miles). Ideal for warehouse, repair facility, agricultural equipment storage, trucking company, automotive business, daycare, or numerous other uses. The asking price for this exceptional property is $950,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $961,000
      Market price range: $328k - $1.08M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Tipton
    County
    Cedar
    State
    Iowa
    Longitude
    -91.1319
    Latitude
    41.764

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $24,988
    $101,760
    $748,610
    $850,370
    -
    $101,760
    $748,610
    $850,370
    View Listing
    More about this property
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