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701 Technology Pl
Waverly, IA 50677
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Prime industrial facility on 6.9 acres with expansion potential
- Combination of warehouse and office for operational efficiency
- Robust 3-phase power supporting manufacturing and distribution
- Strategic location near Highway 218 for regional connectivity
- Three dock doors and one drive-in door for flexible loading
EXECUTIVE SUMMARY
701 Technology Place presents a rare opportunity to acquire a versatile industrial asset in Waverly, Iowa—a thriving regional hub just 12 miles from the Waterloo/Cedar Falls MSA. This 27,031 SF facility sits on a generous 6.9-acre parcel, offering expansion potential and operational flexibility for growing businesses. Built in 1994 and meticulously maintained, the property combines functional warehouse space with 3,379 SF of office, including private offices and a break room.
Strategically positioned near Highway 218 (Avenue of the Saints), the site ensures seamless connectivity to major Midwest markets, making it ideal for logistics, light manufacturing, or distribution operations. Features include 18’-20’ clear heights, three dock doors, one oversized drive-in door, and robust 3-phase power. The surrounding area benefits from a skilled labor pool and a pro-business environment, enhancing long-term operational efficiency. This asset offers an exceptional platform for owner-users or investors seeking a well-located industrial property with strong regional access and growth potential.
Strategically positioned near Highway 218 (Avenue of the Saints), the site ensures seamless connectivity to major Midwest markets, making it ideal for logistics, light manufacturing, or distribution operations. Features include 18’-20’ clear heights, three dock doors, one oversized drive-in door, and robust 3-phase power. The surrounding area benefits from a skilled labor pool and a pro-business environment, enhancing long-term operational efficiency. This asset offers an exceptional platform for owner-users or investors seeking a well-located industrial property with strong regional access and growth potential.
PROPERTY FACTS
| Sale Type | Owner User | Year Built/Renovated | 1994/2011 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 0.63/1,000 SF |
| Building Class | C | Clear Ceiling Height | 20’ |
| Lot Size | 6.90 AC | No. Dock-High Doors/Loading | 3 |
| Rentable Building Area | 27,031 SF | No. Drive In / Grade-Level Doors | 1 |
| No. Stories | 2 | ||
| Zoning | M-1 - Light Industrial | ||
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 6.90 AC |
| Rentable Building Area | 27,031 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1994/2011 |
| Tenancy | Single |
| Parking Ratio | 0.63/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | M-1 - Light Industrial |
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
PROPERTY TAXES
| Parcel Number | 09-10-400-075 | Improvements Assessment | $1,163,440 |
| Land Assessment | $176,000 | Total Assessment | $1,339,440 |
PROPERTY TAXES
Parcel Number
09-10-400-075
Land Assessment
$176,000
Improvements Assessment
$1,163,440
Total Assessment
$1,339,440
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