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410 Community Dr 3,958 SF Specialty Building Offered at $750,000 in North Liberty, IA 52317
Investment Highlights
- Great redevelopment opportunity on North Liberty's busiest road.
Executive Summary
Redevelopment opportunity on this commercial parcel with prime visibility located near the Hwy 965 & Penn St intersection. This parcel sees thousands of commuters daily en route to Iowa City, North Liberty, Coralville, Cedar Rapids & I-380. North Liberty has seen explosive expansion and development over the last 25 years. Recently constructed University of Iowa Hospitals & Clinics North Liberty Medical Campus is only 5 minutes / 2.1 miles away; also 5 minutes / 2 miles to I-380. North Liberty is consistently one of the fastest growing cities in Iowa with near constant multiple residential and commercial projects in progress. This parcel has been used as a profitable car wash business for over 20 years. It is still a functioning carwash, the best use for this property is likely for redevelopment. Equipment Included: 3 touch free auto wash bays, 3 self serve wash bays, 6 Car Vacuum Stations; 1 shampoo and 1 fragrance Vacuum, Bill Changer, vending machine & an in-floor heat boiler system. Boiler new in the last few years. .61 acre lot.
Property Facts
| Price | $750,000 | Building Class | C |
| Price Per SF | $189.49 | Lot Size | 0.61 AC |
| Sale Type | Investment or Owner User | Building Size | 3,958 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Car Wash | Year Built | 2004 |
| Zoning | C-1-B - Commercial, general | ||
| Price | $750,000 |
| Price Per SF | $189.49 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.61 AC |
| Building Size | 3,958 SF |
| No. Stories | 1 |
| Year Built | 2004 |
| Zoning | C-1-B - Commercial, general |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0612426012 | Improvements Assessment | $174,000 |
| Land Assessment | $212,600 | Total Assessment | $386,600 |
Property Taxes
Parcel Number
0612426012
Land Assessment
$212,600
Improvements Assessment
$174,000
Total Assessment
$386,600
Contact
-
Mark Paterno - Urban Acres Real Estate
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410 Community Dr