390 Us Highway 18Garner, IA 50438

  • Industrial properties
  • 12,800 SF
For Sale
$2,970,000 View listing

Property Details for 390 Us Highway 18

Year built
2013
Lot size
1.84 AC
Property size (Sq ft)
12,800 SF
Property type
Industrial properties
APN
2150300002
APU
2150300002

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,411,729
    Hospitality
    $2,209,130
    Educational
    $1,837,971
    Medical
    $1,901,181
    Retail
    $2,859,066

Location Insight

City
Garner
County
Hancock
State
Iowa
Latitude
43.1065
Longitude
-93.5984

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
2022
$21,826
$113,480
$848,320
$961,800
-
$113,480
$848,320
$961,800

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