Falcon Business Park | Case Study

Falcon Business Park | Case Study


Size 20.04 AC
Property Type Land
Location Ida & Reichmuth Rd


  • Great visibility to HWY 275 with excellent truck and vehicle access
  • Flat ground that only requires fill
  • Rare plot of land in the metro area that will accommodate industrial development
  • Wide range of uses in this zoning
  • Variety of lot sizes 
  • Survey with existing elevations available


  • The developer of Falcon Business Park purchased the land in 2015
  • Shortly after purchasing, he subdivided the land into 11 lots, ranging from 2.2 AC to 14.7 AC
  • Spring 2019, Investors Realty was engaged to sell the lots
  • The Industrial team at IRI recognized that HWY 275 corridor was a good location for future commercial and industrial development 
  • Our team helped the owner create covenants for the park by researching other industrial park covenants and altered them to reflect the owner’s end goal for the development
  • Within two years, our team was able to sell nine of the lots, some lots without utilities or pavement in place 


Lee Ehlers, CCIM
Clint Seemann