2239 Heinz Rd, Iowa City, IA 52240
2239 Heinz Rd, Iowa City, IA 52240
2239 Heinz Rd, Iowa City, IA 52240
2239 Heinz Rd, Iowa City, IA 52240
2239 Heinz Rd, Iowa City, IA 52240
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JJ Johannes

JJ Johannes

+1(319) 540-1002
$ 5,100,000
Est. payment | /mo

1.65 Acres Lot

Save
$ 5,100,000
Est. payment | /mo
Save

1.65 Acres Lot

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202604991

Year Built 1997

Annual Tax Amount $81,370

Tax Year 2024

Lot Size 1.653 Acres

Acres 4.36

Lot Dimensions Irregular

Property Sub-Type Commercial

Property Description

72,000 warehouse with 33,500 SF leased at $5.00 PSF/YR NNN. Taxes are $1.13 per SF/YR, Insurance is estimated to be $0.25 SF/YR and CAM is performed directly by the tenant. When the remaining vacant space of 38,500 SF is leased, the CAP rate will be 7% per year. There are 2 doc doors with levelers, 2 OH doors with 23' eave height and floors are 5" reinforced concrete. The property is located on 4.36 acres with ample truck turn space and additional employee parking. All lighting has just been upgraded to LED warehouse lights.

Location

State IA

County Johnson

Zoning I-1

Direction North on Heinz Rd from Hwy 6 or west on Heinz Rd from Scott Blvd. On south side of Heinz Rd.

Interior

Heating Natural Gas, Other

Cooling Whole House Fan, Office Area Only

Flooring Reinforced Concrete

Exterior

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Phone Available, City Water

Roof Type Metal

Building

Lot Size Range Two To Five Acres

Structure Type Steel Or Metal

Others

Tax ID 1024178010

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Listed by Lepic-Kroeger, REALTORS

NEARBY SCHOOLS & PROPERTIES

JJ Johannes

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(319) 540-1002

jj@thejohannesgroup.com

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2239 Heinz Rd