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    103 Highway 31 Quimby, IA 51049

    For Sale
    $189,900

    Commercial - Quimby, IA

    Lot size:
    0.33 Acres
    Days on Market:
    95
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 103 Highway 31

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    1412151001
    Exterior features
    Other-see Comments
    Lot size
    0.33 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1988
    Floors in Building
    1
    Roof type
    Metal
    Architectural style
    Other

    Northwest Realty Inc (712) 225-6447

    Listing agent Carl Nelson (712) 225-6447 License #S37342

    Listing date Sep 2, 2025

    MLS# 829481 Listing URL

    Copyright © 2025 Northwest Iowa Regional 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

    Quimby Convenience Store on Highway

    This is a turn-key convenience store with many new improvements made within the last 3 years. The property is located in Quimby, IA, on a busy highway. It includes two gas pumps with a 24' x 24' canopy and an 8' x 18' shed. The property size is 0.33 acres. The asking price covers the real property, fixtures, and equipment; inventory is negotiable. New gas pumps were installed in January 2025.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Wholesale Shop Spa & Massage Auto Repair Shop Hair Salon Hotel & Motel Nail Salon Pet Store Pet Supply Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Quimby
    County
    Cherokee
    State
    Iowa
    Longitude
    -95.6417813
    Latitude
    42.6285484

    FAQs

    What type of property is this?
    Grocery and convenience store - Turn-key convenience store with recent improvements on a busy highway.
    Where is this grocery and convenience store located?
    The property is located at 103 Highway 31 Quimby, IA.
    What is the asking price?
    The asking price for this property is $189,900.
    What are key features of this property?
    This property features: - Turnkey convenience store with recent improvements.; - Excellent location on a busy highway.; - Includes real property, fixtures, and equipment.
    (712) 225-6447
    Request Owner's contact information
    103 Highway 31 Quimby, IA 51049
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    103 Highway 31
    Quimby, IA 51049
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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
    103 Highway 31 Quimby, IA 51049
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