1501 21St StEldora, IA 50627

Property Details for 1501 21St St

Year built

1966

Lot size

5.00 AC

Property size (Sq ft)

26,000 SF

Property type

Warehouses

APN

871907406005

APU

871907406005

Description

This exceptional value-add investment opportunity presents five industrial buildings totaling 63,544 square feet situated on a 5-acre lot in Eldora, Iowa. Located within the Eldora Industrial Park at 1501 21st St, zip code 50627, this property boasts a flexible layout suitable for manufacturing or warehousing operations. Built in 1966, the single-story structures feature multiple overhead and dock doors, facilitating efficient loading and unloading. The property benefits from a robust infrastructure including a three-phase power supply and an existing overhead crane system. The permitted zoning is M1. The asking price is $530,000, translating to $8.34 per square foot. This property is subject to the approval of the US District Court for the Southern District of Florida. Note that an adjacent property at 1702 21st St, Eldora, offering additional office space and over 50,000 square feet, may be available for purchase as well. This presents a unique chance to acquire a significant industrial footprint in a strategic location. The steel metal frame construction ensures durability and longevity.

• Alternative Use

  Use

  Valuation

  Residential

  $4,898,824

  Hospitality

  $4,487,296

  Educational

  $3,733,378

  Medical

  $3,861,774

  Retail

  $5,807,477

Location Insight

City

Eldora

County

Hardin

State

Iowa

Latitude

42.3579

Longitude

-93.1083

Property Tax & Assessments

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