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    1004 W 18Th St Spencer, IA 51301

    New
    For Sale
    $630,000

    Commercial - Spencer, IA

    Property size:
    1,536 SF
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 1004 W 18Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    9637-12-201-002
    Parking features
    Garage, Garage - Detached
    Size
    1,536 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1928
    Building materials
    Vinyl Siding
    Architectural style
    Other

    Hinn Real Estate (712) 336-1240 [email protected]

    Listing agent Brett Parks (712) 336-1240 License #S61352

    Listing date Dec 4, 2025

    MLS# 251494 Listing URL

    Copyright © 2025 Iowa Great Lakes Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land Near Fairgrounds

    This 5.5-acre commercial property is located next to the Clay County Regional Event Center and the Clay County Fairgrounds. It features 805 feet of frontage on 18th Street and includes a 1,536 square-foot dwelling with three bedrooms, one bathroom, and a full basement, as well as a 1,400 square-foot garage. The property is zoned C-1 General Commercial, making it suitable for various uses. There are also two billboards on the property, offering four sides for advertising. The average daily traffic count on W. 18th Street is approximately 5,800 cars.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Clay
    State
    Iowa
    Longitude
    -95.1578688
    Latitude
    43.1551774

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    FAQs

    What type of property is this?
    Commercial land - 5.5 acres with dwelling and garage near Clay County Fairgrounds.
    Where is this commercial land located?
    The property is located at 1004 W 18Th St Spencer, IA.
    What is the asking price?
    The asking price for this property is $630,000.
    What are key features of this property?
    This property features: - Zoned C-1 General Commercial, ideal for various business uses.; - **5.5 acres with 805 ft. frontage on 18th Street**, adjacent to Clay County Fairgrounds and Regional Event Center.; - High traffic count on W. 18th Street (approximately 5,800 cars per day).
    (712) 336-1240
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    1004 W 18Th St Spencer, IA 51301
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    Spencer, IA 51301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1004 W 18Th St Spencer, IA 51301
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