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1802 Industrial Park Dr

181,200 SF Industrial Building Ellsworth, IA 50075 $4,750,000 ($26/SF)

Investment Highlights

  • State-of-the-art aquaculture facility with efficient recirculating system, easily adaptable for various aquacultural, horticultural, or aquaponic uses
  • Conveniently located near interstate 35, with nearby Love's Travel Stop offering truck repair and biosecurity truck wash.
  • Well-equipped with 120v, 240v, and 480v electrical service, plus two 450 kW 480V Cummins generators.
  • Excellent condition greenhouse built in 2017 and 2018, featuring 4 dock doors and 1 drive-in door.
  • Attached office building with 6 offices, reception area, conference room, kitchen/break area, locker rooms, and garage/workshop.
  • Assumable loan and eligibility for bonus depreciation make this single-use agricultural asset a profitable investment opportunity. Contact broker.

Executive Summary

This state-of-the-art greenhouse facility is currently being used as an aquaculture facility, utilizing an efficient recirculating aquaculture system.  The facility can quickly be converted to any other aquacultural, horticultural, or aquaponic use.  Built in 2017 and 2018, the property is in excellent condition.  
The facility has 4 dock doors and 1 drive-in door.  Conveniently located just off interstate 35, the City of Ellsworth also features a Love's Travel Stop, which includes a full-service truck repair shop and a biosecurity truck wash.
The attached office building provides 6 offices, a reception area, a conference room, a kitchen/break area, mens/womens locker rooms, and a 20' X 45' garage and workshop with a 10' X 10' roll-up door.
There is 120v, 240v, and 480v electrical service with two 450 kW 480V Cummins generators.  The facility is also serviced by 6" water line and two 600 gallon/minute water pumps.
There is an assumable loan available with negotiable financing terms. Contact broker for more details.
Property qualifies as a single-use agricultural asset and is eligible for bonus depreciation. Consult your CPA for verification of asset eligibility.

Data Room Click Here to Access

Property Facts

Price $4,750,000
Price Per SF $26
Sale Type Investment or Owner User
Property Type
Industrial
  • Industrial Food Processing
  • Industrial Manufacturing
  • Industrial Warehouse
Building Class B
Lot Size 10.68 AC
Rentable Building Area 181,200 SF
No. Stories 1
Year Built 2017
Tenancy Single
Parking Ratio 0.12/1,000 SF
No. Dock-High Doors/Loading 8
No. Drive In / Grade-Level Doors 1

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Electric

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
40872330326041
Land Assessment
$176,450
Improvements Assessment
$3,643,190
Total Assessment
$3,819,640

zoning

Zoning Code C (Commercial)
C (Commercial)
  • Listing ID: 27581972

  • Date on Market: 1/24/2023

  • Last Updated:

  • Address: 1802 Industrial Park Dr, Ellsworth, IA 50075

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