1110 Dina CtHiawatha, IA 52233

Property Details for 1110 Dina Ct

Year built

2000

Lot size

1.28 AC

Property size (Sq ft)

12,589 SF

Property type

Office properties

APN

11-32-1-29-004-0-0000

APU

113212900400000

Description

This exceptional 12,513-square-foot office building in Hiawatha, Iowa, presents a unique investment opportunity. Located at 1110 Dina Court, this single-story, 2-suite building boasts a convenient location right off I-380 at the Boyson Road exit, offering excellent visibility and accessibility. Built in 2000, the property sits on a spacious 55,757-square-foot lot and features a 7-10' ceiling height. Suite A, comprising 8,635 square feet, includes its own separate entrance, an outside patio, ample storage, kitchen/break areas, and multiple conference rooms of varying sizes. The building is fully vacant, providing immediate occupancy for a single tenant or the potential for multiple tenants. Recent upgrades include a new Firestone membrane roof (2020) and a new 7.5-ton HVAC unit (2020). Parking is abundant, with a concrete surface accommodating 63 vehicles. The property is ADA compliant, featuring zero-entry access and ADA-compliant bathrooms. Excellent signage opportunities exist on Dina Court. The surrounding area includes prominent businesses such as UnityPoint, Culver's, McGrath Family Dealerships, and Roasters Coffee. The property is zoned C-4 in Linn County, Iowa, and offers significant potential for a variety of commercial uses. Furniture is negotiable.

• CAP approach

  CAP return

  Valuation

  6%

  $2,072,288

  6.5%

  $1,912,881

  7%

  $1,776,247

• Comparable approach

  Method

  Valuation

  Relative Method

  $642,543

  Geo Method

  $642,543

• Alternative Use

  Use

  Valuation

  Residential

  $2,371,973

  Hospitality

  $2,172,714

  Educational

  $1,807,673

  Medical

  $1,869,842

  Retail

  $2,811,936

Location Insight

City

Hiawatha

County

Linn

State

Iowa

Latitude

42.0493

Longitude

-91.683

CBSA code

16300

CBSA name

CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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