20756 Route 3 - Industrial FOR SALE


Durango, IA 52039
$1,350,000 USD
563-542-3519
20756 Route 3, Durango, IA for Sale
$1,350,000 USD
Industrial - FOR SALE
1/22
null | Request Cap Rate

20756 Route 3
Durango, IA 52039


OVERVIEW

Available for purchase is the accumulation of six total parcels on top of the ridge in Rickardsville, Iowa. The offering includes existing operational and warehouse buildings with B1 zoning in addition to vacant A1 lots and an R1 walkout lot with an incredible view of the Iowa countryside. Rickardsville is located in beautiful northeast Iowa within the Dubuque MSA. It's centrally located less than 20 miles from Dyersville, IA and the Field of Dreams and only 10 miles from Dubuque's growing north/northwest corridor. Building 1 is an 8,000 sq ft brick structure currently operating as a vehicle service center with above average office and four overhead doors. Building 2 is a 6300 sq ft steel building with large shop accessed by a 20x14' OH door and ample warehouse area. Building 3 is a two-level cold storage building with post frame/steel envelope construction. All of these carry B1 (general business) zoning. On the north side of Iowa Route 3, three vacant lots are offered as part of the accumulation. Lot 1 is a +/- 3.5-acre level lot currently gravel with 750' of frontage. Lot 2 is a +/- 1.75-acre residential walk-out lot offering some of the best views in the county. Lot 3 is a +/- 13.25-acre pasture lot with access via James Road which would be ripe for additional development. The dynamic property is intended to be sold as a bundle, but certain lots may be considered for sale separately. Note: the existing business is occupying and operating through June 2026. No unscheduled visits.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$65 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

20756 Route 3, Durango, IA 52039

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

UTILITIES

Lighting, Water - City, Sewer - City, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

B1, R1, and A1

APN/PARCEL ID

05-30-102-022

ASK ABOUT THIS PROPERTY

Steve DavisEquity Real Estate GroupMore Info
563-542-3519

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Steve DavisEquity Real Estate GroupMore Info
563-542-3519

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.