Automotive

Thompson, IA Automotive Properties for Sale

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Multi-Building Auto Shop
Updated: Apr 3, 2025
Multi-Building Auto Shop

11475 Highway 9, Thompson, IA 50478

$695,000
0.83 AC lot
Three‑building auto shop property totaling 10,264 SF at 11475 Highway 9
Primary building measures 6,240 SF, was built in 2014, and includes radiant heat and a waste oil heater
Attached 960 SF office/kitchen building built in 2014 with heating, cooling, and bathroom
Additional 3,064‑SF building added in 2015 with heating and central AC
New air compressor installed in 2024
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Thompson, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 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 Flex Building with Signage
Automotive Flex Building with Signage

1100 North State Street, Fairmont, MN 56031

$599,900
15,000 sqft 1.00 AC lot

Two-building setup with heated office/showroom and service shop plus warehouse space on a high-visibility corridor.

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Marathon Gas Station NNN Lease
Marathon Gas Station NNN Lease

307 N State St, Fairmont, MN 56031

$1,545,776
4,272 sqft

Marathon-branded gas station and Quick Mart offered on an absolute NNN lease with 19 years remaining.

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Industrial Flex Space
Industrial Flex Space

162 2nd St NE, Britt, IA 50423

$30,000
8,008 sqft 0.18 AC lot

Block-and-frame facility with central air and I-L/LGT INDUST zoning.

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Industrial Flex Space with Office
Industrial Flex Space with Office

184 2nd Street NE, Britt, IA 50423

Contact for pricing
0.19 AC lot

Industrial-zoned property combining administrative space, a work area, and enclosed cold storage.

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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.

Interstate Commercial Development Land
Interstate Commercial Development Land

21133 775th St, Albert Lea, MN 56007

$975,000
6.50 AC lot

Commercial land with IDD zoning, utility availability, and direct connectivity to Interstate 35 and East Main Street.

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Off-Market Properties in Thompson, IA

Consider similar Off-Market properties in Thompson, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

101 Harrison St
CAR WASH - SELF-SERVE

101 Harrison St, Thompson, IA 50478-5005

Estimated value:
$240,000
856 sqft 0.15 AC lot
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Thompson, IA Automotive Properties Market Trends and Statistics

Explore 2 automotive properties for sale in Thompson, IA on our real estate platform.

Sale prices for automotive businesses in Thompson, IA average $695,000 — 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 1

Demographics Overview

Population 689
Population Growth (5Y) -10.9%
Median Household Income $44,880
College Educated 40.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
50478 $695K

Taxes & Financing

Tax Rate (average for all types) 2.04%
Property Tax per SF $26.92 per SF
Tax Rate vs County Average 0.17 pp below county avg
Average Loan-to-Value 65.0%

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