2216-2218 NIMTZ ROAD

Industrial for Sale
Catylist Listing ID: 30399458
Property Subtypes: Free-Standing, Manufacturing, Light Industrial
Building Size (RSF): 20,200 SF
Gross Land Area: 1.32 Acres
Sale Price: $499,000
Unit Price: $24.70 PSF
Ceiling: 14 ft.
Docks/Doors: 1 Dock, 5 Doors
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/10/2019

Overview / Comments

Multi Tenant 20,200 SF INDUSTRIAL BUILDING. Owner occupies three units and will vacate at time of sale. TENANT OCCUPIES 5,000 SF. PAY $1,550/MONTHLY WITH 2 YEARS LEFT ON LEASE.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $11,466 (Annual)
Assessed Value - Total($) $98,869 (Annual)

Additional Details

Nearest MSA: Rockford
County: Winnebago
Tax ID/APN: 08-32-426-017
Zoning: IG
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1972
Construction/Siding: Concrete
Parking Type: Surface
Parking Description: BLACKTOP
Total Parking Spaces: 28
Sprinklers: None
Amps: 400
Heat Type: Natural Gas
Zoning Description: INDUSTRIAL
Lot Frontage: 283
Lot Depth: 203
Water Service: Municipal
Sewer Type: Municipal
Legal Description: NIMTZ ROAD INDUSTRIAL PARK PT SE 1/4 SEC 32-45-2 LOT 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,863 67,858 159,972
Median Age: 39.56 41.81 39.49
Households: 4,247 27,476 64,152
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