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    106 W Market St Red Oak, IA 51566

    Pending
    For Sale
    $219,900

    Mixed Use, Commercial Sale - Red Oak, IA

    Lot size:
    0.81 Acres
    Days on Market:
    91
    Last Refresh:
    Dec 7 at 10:06 am

    Property Features for 106 W Market St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    APN
    600628351002000
    Parking features
    Garage, Heated
    Lot size
    0.81 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1960
    Number of units
    2
    Building materials
    Metal Siding
    Architectural style
    Other

    Your Real Estate Choice Inc (712) 623-9000

    Listing agent Daniel Bullington (712) 623-9000 License #***

    Listing date Sep 8, 2025

    MLS# 6323819 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

    Red Oak Auto Repair Shop

    Located on the corner of Broadway and Market Street in Red Oak, Iowa, this commercial property is currently rented as an auto repair shop. The property includes a 0.81-acre lot with two buildings. The eastern building, measuring 536 square feet, has been used for storage. The western building offers approximately 3,200 square feet of retail, office space, and shop area, and includes 3 overhead doors. Car lifts and all contents within the buildings are the renter's property and are not included in the sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Southside Sales & Service Auto Repair Shop

    Suggested Use

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

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

    Similar Places Nearby

    Russell Tractor Repair, BARR TIRE Automotive Service Center, Randy's Body Shop, Germar Auto & Truck Repair

    Location Insight

    • Map
    • Local Demand
    City
    Red Oak
    County
    Montgomery
    State
    Iowa
    Longitude
    -95.23242932
    Latitude
    41.005178227

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    FAQs

    What type of property is this?
    Auto shop - Auto repair shop with retail/office space and storage building.
    Where is this auto shop located?
    The property is located at 106 W Market St Red Oak, IA.
    What is the asking price?
    The asking price for this property is $219,900.
    What are key features of this property?
    This property features: - High-traffic corner lot location at Broadway & Market in Red Oak, IA.; - Large .81 +/- acre lot with two buildings.; - West building offers approximately 3,200 sq ft of retail/office and shop space and includes 3 overhead doors.
    (712) 623-9000
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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
    106 W Market St Red Oak, IA 51566
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