3213 Crabtree LnFort Madison, IA 52627

  • Manufacturing properties
  • 90,000 SF
For Sale
$4,925,000 View listing

Property Details for 3213 Crabtree Ln

Year built
2008
Lot size
15.78 AC
Property size (Sq ft)
90,000 SF
Property type
Manufacturing properties
APN
02-47-09-35-100-0440
APU
24709351000440

Description

This exceptional 90,000-square-foot industrial facility, located at 3213 Crabtree Ln, Fort Madison, IA 52627, is available for purchase at $4,925,000. The single-story building sits on a 15.88-acre lot and boasts a 24-foot clear ceiling height, ideal for various industrial uses. The property features six loading docks and six dock-high doors, ensuring efficient loading and unloading operations. Previously occupied by a food packaging plant, the facility is in immaculate condition and maintains SQF certification, making it suitable for a range of food and non-food businesses requiring a pristine environment. The property is currently vacant, with the previous tenant ceasing operations on March 31, 2024. The sale is a Net NNN lease type. The price per square foot is $54.72. This prime location in Lee County, Iowa offers significant potential for a variety of businesses seeking a well-maintained, spacious industrial space. The open floor plan provides exceptional flexibility for customization and efficient workflow. This is a rare opportunity to acquire a high-quality industrial property in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $27,560,888
    Hospitality
    $25,245,624
    Educational
    $21,004,064
    Medical
    $21,726,426
    Retail
    $32,672,988

Location Insight

City
Fort Madison
County
Lee
State
Iowa
Latitude
40.6505
Longitude
-91.2929
CBSA code
22800
CBSA name
FORT MADISON-KEOKUK, IA-IL-MO MICROPOLITAN 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
$102,534
$176,700
$2,557,400
$2,734,100
-
$176,700
$2,557,400
$2,734,100

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