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    1020 Buddy Holly Pl Clear Lake, IA 50428

    For Sale
    $675,000

    Commercial Sale, Business - Clear Lake, IA

    Property size:
    6,528 SF
    Days on Market:
    65
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 1020 Buddy Holly Pl

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential-Multi-Family
    APN
    051240100400
    Size
    6,528 SF

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1980
    Number of units
    1
    Building materials
    Brick
    Architectural style
    Other

    Lake-IOWA REALTY (641) 357-6123

    Listing agent Dick Hayes (641) 357-6123 License #***

    Listing date Oct 2, 2025

    MLS# 6329121 Listing URL

    Copyright © 2025 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Clear Lake Commercial Opportunity

    This exceptional 6,528 square foot property is located in Clear Lake, Iowa, and occupies 1.64 acres. The building is situated on a single floor and is suitable for various purposes, including a day care, assisted living facility, medical clinic, apartments, or church. The property features a full kitchen, a living and dining area with a fireplace, and a two-car 24 x 24 garage, along with a 10 x 12 additional building. There is ample parking available and room for expansion. It is zoned RM 20 Medium Density - Multifamily Residential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Children's Autism Center Medical Clinic Midwest Autism Center Non-Profit Organization Laura Wilcke Psychologist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    The Courtyard Independent and Assisted Living, Garden Park Village

    Location Insight

    • Map
    • Local Demand
    City
    Clear Lake
    County
    Cerro Gordo
    State
    Iowa
    Longitude
    -93.388214
    Latitude
    43.145044

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    FAQs

    What type of property is this?
    Assisted living facility - Versatile 6,528 SF property on 1.64 acres in Clear Lake.
    Where is this assisted living facility located?
    The property is located at 1020 Buddy Holly Pl Clear Lake, IA.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - 6528 sq ft of finished space on 1.64 acres in town; - Versatile opportunity for Day Care, Assisted Living, Medical Clinic, Apartments, Church, etc.; - Zoning RM 20 Medium Density - Multifamily Residential
    (641) 357-6123
    Request Owner's contact information
    1020 Buddy Holly Pl Clear Lake, IA 50428
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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
    1020 Buddy Holly Pl Clear Lake, IA 50428
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