Property summary
This exceptional 30,000-square-foot industrial building is available for sale. Located at 507 Research Dr in Perry, IA, zip code 50220, this single-story, 2024-built structure sits on a 5.26-acre lot within the Perry Industrial Park. The property is zoned I - Industrial and offers a 30-foot ceiling height, making it ideal for various distribution, flex, or warehouse uses. The asking price is $1,500,000, or $50 per square foot. The Perry Industrial Park is a 151-acre certified site for light industrial development, featuring established research and science park tenants and readily available gig-ready fiber optic infrastructure. All necessary utility infrastructure is in place, and the site has completed surveys and environmental assessments, including Phase 1 EAS, cultural, wetlands, geotechnical/soil, and endangered species studies. This vacant building presents a turnkey opportunity for immediate occupancy. The building is currently a shell, awaiting final use layouts.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Perry market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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