NOT LISTED FOR SALE

400 S 14th Ave Eldridge, IA 52748

Estimated Value: $14,097,231

Studio
1 Bath
-- Sq Ft
13.7 Acres Lot

About This Home

As of October 2020

This 86,104 SF of warehouse and up to 15,000 SF of office space will be available on August 1st, 2020. Please call LA for showings. Modern industrial facility suitable for a variety of manufacturing or distribution uses. Heavy electrical power and large yard area for trailer storage and employee parking. Floor plans available with listing agent. In addition to the CAM charges of $1.45 SF/YR, tenant is responsible for payment of production utilities, snow removal at their docks, trash removal and janitorial service.

Last Agent to Rent the Property

Ricardo Saldanha

Coldwell Banker Howes & Jefferies REALTORS License #S66334000/475.182893 Listed on: 02/21/2020

Coldwell Banker Howes & Jefferies REALTORS

Last Renter's Agent

Ricardo Saldanha

Coldwell Banker Howes & Jefferies REALTORS License #S66334000/475.182893 Listed on: 02/21/2020

Coldwell Banker Howes & Jefferies REALTORS

Property Details

Property Type

  • Other

Year Built

  • Built in 1981

Lot Details

  • 13.7

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for real estate taxes, insurance, internal maintenance, common area, common area maintenance, janitorial, trash, snow/lawn, gas, electric
  • The owner pays for structural maintenance, management, special assessment

Property Details

Property Type

Other

Year Built

Built in 1981

Lot Details

13.7 Acres

Rental Info

  • Lease Dollar Sq Ft: 2.4
  • Lease Type: Net
  • Owner Pays: Structural Maintenance, Management, Special Assessment
  • Sale Lease Includes: Building, Land
  • Tenant Pays: Real Estate Taxes, Insurance, Internal Maintenance, Common Area, Common Area Maint, Janitorial, Trash, Snow/Lawn, Gas, Electric
  • Terms Lease: Yearly, 2 Years, 3 Years, 4 Years, 5 Years, Other Term/Lease

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial
  • Year Built: 1981
  • Handicap Modified: Unknown
  • Three Phase: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Maximum Ceiling Ht Feet: 24
  • Min Ceiling Ht Feet: 16
  • Total Building Sq Ft: 322553
  • Estimated Lot Sq Ft: See acres

Exterior Features

  • Exterior Finish: Steel
  • Frontage Access: Paved 2Lane, Inside Lot, City Street
  • Insulation: Other Insulation
  • Roof Construction: Other Roof Construction
  • Wall Construction: Steel/ST Fram

Garage/Parking

  • Numberparking Spaces Allocated: 40

Utilities

  • Cooling: Office Only
  • Heating: Gas
  • Sprinkler: Yes
  • Water Supply: City on Premises

Lot Info

  • Estimated Number of Acres: 13.7
  • Zoning: Industrial
  • Geo Subdivision: IA
  • Property Use: Business Park, Distribution Warehouse, Manufacturing, Warehouse

Tax Info

  • Annual Taxes: 78292
  • Parcel Id Number Tax Id: 931301309
  • Tax Incentive: None
  • Tax Year: 2018

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2022
Sold by
Bought by
Current Estimated Value
$14,097,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,640,000
Outstanding Balance
$4,020,621
Interest Rate
5.67%
Estimated Equity
$10,076,610

Purchase Details

Closed on
Jun 20, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,875,000
Interest Rate
3.87%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$12,050,000 --
-- --
$2,500,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $9,640,000
Closed $9,640,000
Previous Owner $1,875,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/01/2020 10/01/20 Rented $127,101 0.0% --
02/21/2020 02/21/20 For Rent $127,101 -- --
Source: RMLS Alliance

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $175,138 $12,875,300 $524,800 $12,350,500
2024 $180,702 $7,267,200 $378,000 $6,889,200
2023 $84,646 $7,515,700 $378,000 $7,137,700
2022 $82,338 $3,589,010 $309,000 $3,280,010
2021 $82,338 $3,589,010 $309,000 $3,280,010
2020 $79,032 $3,436,830 $309,000 $3,127,830
2019 $78,292 $3,382,240 $309,000 $3,073,240
2018 $81,834 $3,382,240 $309,000 $3,073,240
2017 $69,782 $3,382,240 $309,000 $3,073,240
2016 $69,844 $2,890,190 $0 $0
2015 $69,844 $2,890,190 $0 $0
2014 $71,552 $2,890,190 $0 $0
2013 $77,188 $0 $0 $0
2012 -- $4,700,000 $309,000 $4,391,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC7041967

RMLS Alliance

APN: 931301309

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