5611 Westminster Dr, Cedar Falls, IA 50613-6991
This exceptional 1,728-square-foot warehouse condo, located at 5611 Westminster Dr. #3 in Cedar Falls, Iowa, presents a fantastic opportunity for small businesses seeking a functional and conveniently located space. The property is part of a larger industrial complex, offering a single-tenant occupancy within a 14,256-square-foot building. Built in 1996, this single-story structure sits on a 1.23-acre lot (53,579 square feet) and is zoned M-1. The unit features a 14-foot overhead door, providing easy access for loading and unloading. The property's location in Cedar Falls, Iowa, zip code 50613, offers excellent accessibility and visibility. This is a rare opportunity to acquire a well-maintained warehouse condo in a thriving business community. The property's single-story design and convenient drive-in access enhance operational efficiency. The ample lot size provides ample room for maneuvering and potential future expansion. This turnkey solution is ready for immediate occupancy and presents a compelling investment opportunity for entrepreneurs and business owners alike.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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