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    Correctionville, IA
    Auto Shop

    Correctionville, IA Auto Shops for Sale

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    Holstein, IA Kingsley, IA Quimby, IA Moville, IA Ida Grove, IA Mapleton, IA Cherokee, IA Marcus, IA
    Established Auto Parts Store
    Updated: May 26
    Established Auto Parts Store

    319 5th St, Correctionville, IA 51016

    $750,000
    6,000 sqft
    Established NAPA Auto Parts store with business and real estate included.
    Turnkey operation with consistent annual revenue around $870,000.
    Minimal debt and clean balance sheet.
    Includes all FF&E, inventory, and real estate.
    Building built in 2012 with 6,000 sf, clear span, 11‑14' ceilings, and 8' dock door.
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    This listing looks promising.

    Here's a quick look at some key insights for

    319 5th St, Correctionville, IA 51016

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    • Est. Cap Rate

      7.9%
      Above avg (5.9%)

    • Est. NOI

      $60K
      Annual

    • Mortgage

      $108K
      Jan 2021

    • Last Sold

      Jan 2021
      $100K

    • Property Type

      Retail Stores
      Built 2012
    View Property Analytics
    Automotive Repair Shop with Tall Doors
    Updated: Mar 7
    Automotive Repair Shop with Tall Doors

    307 Sioux Avenue, Correctionville, IA 51016

    $699,000
    1,100 sqft
    10,700 SF commercial building built in 2019 just off the intersection of 4‑lane Hwy 20 and Hwy 31
    Includes 9,600 SF shop space, most recently used as an auto body repair shop
    Shop has 4 extra‑tall doors and virtually the entire exterior in new concrete
    On‑site office area totals 1,100 SF with 2 bathrooms and a break room with kitchenette
    Heated with a waste oil heat system with propane heat backup
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Correctionville, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Automotive Shop Building Opportunity
    Automotive Shop Building Opportunity

    1903 1st Ave N, Fort Dodge, IA 50501

    $595,000
    12,000 sqft

    Two separate auto shop spaces with offices and overhead doors suit owner-users or multi-tenant service operations.

    View details
    Split Auto Shop with Office
    Split Auto Shop with Office

    1903 1st Ave. N, Fort Dodge, IA 50501

    $525,000
    0.28 AC lot

    Former tire building features two separate shop spaces with overhead doors and office/showroom area.

    View details
    Turnkey Auto Parts Store
    Turnkey Auto Parts Store

    1705 W Main Street, Sac City, IA 50583

    $414,000
    0.52 AC lot

    Profitable auto parts store with strong market presence on Main.

    View details
    Auto Parts Store on Main Street
    Auto Parts Store on Main Street

    1705 W Main Street, Sac City, IA 50583

    $305,000

    Turnkey auto parts store offering parts and supplies services at 1705 W Main Street.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Business-Zoned Commercial Land
    Business-Zoned Commercial Land

    Industrial Avenue, Turtle Lake, WI 54889

    $950,000
    10.37 AC lot

    Business-zoned land with State Highway 63 frontage and paved city access for a range of commercial uses.

    View details
    Heavy Commercial Land with Residence
    Heavy Commercial Land with Residence

    4732 Highway 78, Black Earth, WI 53515

    $199,000
    3.54 AC lot

    3.54-acre heavy commercial site on Hwy 78 with a 3-bedroom home, septic, and shared well for mixed operations.

    View details
    Springfield Commercial Land Opportunity
    Springfield Commercial Land Opportunity

    W WABASH Avenue, Springfield, IL 62711

    $7,900,000
    28.79 AC lot

    28+ acres of commercial land ready for development.

    View details
    Commercial Property in Wonder Lake
    Commercial Property in Wonder Lake

    7312 Hancock Drive, Wonder Lake, IL 60097

    $300,000
    0.31 AC lot

    Commercial property available in Wonder Lake, Illinois.

    View details

    Correctionville, IA Auto Shops Market Trends and Statistics

    Explore 2 auto shops for sale in Correctionville, IA on our real estate platform. These investment opportunities span a total of 7,100 square feet of properties for sale, with an estimated market value of $1,449,000.

    Sale prices for auto repair shops in Correctionville, IA start at $699,000, averaging $724,500, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Auto shops 2

    Demographics Overview

    Population 1,095
    Population Growth (5Y) -12.2%
    Median Household Income $52,813
    College Educated 23.0%

    High-Yield Neighborhoods for Investment

    Identify Correctionville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    51016 $724.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.38%
    Property Tax per SF $29.37 per SF
    Tax Rate vs County Average 0.36 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Woodbury County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Woodbury County

    Residential Income

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