3600 Digital DrDubuque, IA 52003

  • Office buildings
  • 28,117 SF
For Lease
$13.50/SF/YR View listing

Property Details for 3600 Digital Dr

Year built
1999
Lot size
6.83 AC
Property size (Sq ft)
28,117 SF
Zone code
CI
Property type
Office buildings
APN
15-12-376-006
APU
1512376006

Description

This exceptional Class A office building, situated on 6.83 acres in Dubuque's Technology Park, offers 27,525 square feet of versatile space. The meticulously maintained property boasts a distinctive architectural design with efficient floor plates and extensive glass lines. Recent upgrades include a new roof, all new rooftop HVAC units (12 total), upgraded LED lighting, new carpeting, fresh paint, and air purification units added to all HVAC systems in 2021. Enjoy outdoor seating, ample parking, and beautiful countryside views, steps from the Granger Creek Nature Trail. Conveniently located near Dubuque Regional Airport, downtown Dubuque, and major highways (61/151 adjacent, Highway 52/Southwest Arterial Interchange a mile away), this property offers easy access to local amenities including restaurants and banking. Currently, the entire second floor is leased, with first-floor space available ranging from 9,541 to 14,453 square feet. The building was constructed in 1999 and is zoned PI. The asking price is $3,250,000, with a price per square foot of $118.07. This two-story building presents a unique opportunity for ownership or lease.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,076,858
    6.5%
    $4,686,330
    7%
    $4,351,592
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,854,527
    Geo Method
    $3,662,239
  • Alternative Use

    Use
    Valuation
    Residential
    $5,811,050
    Hospitality
    $5,322,890
    Educational
    $4,428,582
    Medical
    $4,580,888
    Retail
    $6,888,906

Location Insight

City
Dubuque
County
Dubuque
State
Iowa
Latitude
42.4418
Longitude
-90.677
CBSA code
20220
CBSA name
DUBUQUE, IA METROPOLITAN STATISTICAL AREA

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
$77,350
$437,900
$2,487,900
$2,925,800
-
$437,900
$2,487,900
$2,925,800

FAQs

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