405 Wapello StMediapolis, IA 52637

  • Manufacturing properties
  • 14,424 SF
For Sale
$485,000 View listing

Property Details for 405 Wapello St

Year built
1975
Lot size
0.70 AC
Property size (Sq ft)
14,424 SF
Property type
Manufacturing properties
APN
02-26-326-010
APU
226326010

Description

This exceptional 15,384 square foot light industrial building is situated on a 0.7-acre lot in the heart of Mediapolis, Iowa. Its highly visible location offers unparalleled exposure for any business. Constructed using durable post-frame methods, the building features concrete floors throughout, providing a robust and versatile space. The interior includes well-appointed office areas, equipped with two bathrooms for the convenience of employees and clients. Heating is installed throughout the building, ensuring year-round operational capability. A significant advantage is the availability of 3-phase power, making it suitable for businesses with high electrical demands, such as manufacturing or those utilizing heavy machinery. This property presents a unique opportunity for businesses seeking expansion or a new location in a thriving Iowa community. The building's design and features cater to a wide range of industrial and commercial uses, offering flexibility and efficiency. The recent price reduction makes this an even more compelling investment opportunity. Don't miss the chance to secure this strategically located and well-equipped commercial property. The asking price is $485,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,417,092
    Hospitality
    $4,046,032
    Educational
    $3,366,251
    Medical
    $3,482,022
    Retail
    $5,236,391

Location Insight

City
Mediapolis
County
Des Moines
State
Iowa
Latitude
41.0056
Longitude
-91.1705
CBSA code
15460
CBSA name
BURLINGTON, IA-IL 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
$2,364
$37,900
$108,200
$146,100
-
$37,900
$108,200
$146,100

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