Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Storefront with Office Space Title is generated by Realmo AI

    110 Reed St, Akron, IA 51001

    View on Map
    Claim this Listing
    For Sale
    $192,500

    COMMERCIAL - Akron, IA

    Property size:
    4,828 SF
    Lot size:
    0.20 Acres
    Price / SF:
    $39/SF
    Added:
    Jul 23, 2025
    Days on Market:
    318
    Last Refresh:
    Jun 5 at 6:06 pm

    Property Features for 110 Reed St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active
    APN
    02-31-334-018
    Lot size
    0.20 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    W 37' LOT 3 & E 23' LOT 4 BLK 9 (PARCEL A) AKRON
    Tax Annual Amount
    5676

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2005

    We can help!

    Listing Contact
    Janel Pearson
    Janel Pearson

    Listing agent Janel Pearson License #S64755000,PersonLicenseNumber

    Listing office NextHome Tri State Realty 600 4th St Suite 231, Sioux City, IA

    Listing date Jul 23, 2025

    MLS# 829592

    Copyright © 2026 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.

    HighLights

    • Total public remarks mention over 4,828 sq. ft. of commercial space in Akron, IA
    • Built in 2005 with central air and a new boiler installed this year
    • Currently split setup: one side rented to Akron Gold & Silver plus a bathroom on that side (sink & toilet)
    • Other side includes office space plus a kitchen area and a 3/4 bath (sink, shower, toilet)
    • Alley access to a one‑stall attached garage, with an alley access hall door and double doors
    • Off‑street parking available in the back alley; 48‑hour notice required for the rented side

    Overview

    This commercial property is a split-use building designed for flexible occupancy, with two distinct sides under one roof. One side is configured for storefront or service use and includes a bathroom with a sink and toilet, with entry from the alley and double doors for customer access. The other side offers a more office-oriented layout, including office spaces, a kitchen area, and a 3/4 bath with a sink, shower, and toilet.

    The property is located at the intersection of Hwy 12 and Reed St in Akron and sits just off Highway 12 for visibility and convenient access. Alley access provides an entry route to the building, and there is an alley access hall door. The alley also supports a one-stall attached garage and off-street parking in the back alley. The seller reports a new boiler installed this year.

    With its mix of storefront access, multiple workspaces, and practical back-alley circulation, the building can fit a range of commercial concepts, including retail and service operations that benefit from both customer-facing space and dedicated offices. As part of the current configuration is rented, showings require 48 hours’ notice for the occupied side, making it straightforward for tenants and buyers to review layout options during scheduled tours. The property’s Commercial zoning supports a variety of business uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Plymouth
    State
    Iowa
    Longitude
    -96.560303
    Latitude
    42.828686

    Nearby Similar for Sale

    • $192,500
      4,828 SF

      Commercial Property on Highway 12

      Commercial property with retail and office space near Highway 12.
      110 Reed St, Akron, IA 51001
      View Details
    • $192,500
      4,828 SF

      Commercial Property in Akron, Iowa

      Exceptional commercial property with retail and office space.
      110 Reed St, Akron, IA 51001
      View Details

    FAQs

    What type of property is this?
    Storefront property - Split storefront and office layout near Highway 12, with alley access, dedicated baths, and a new boiler.
    Where is this storefront property located?
    The property is located at 110 Reed St Akron, IA.
    What is the asking price?
    The asking price for this property is $192,500.
    What are key features of this property?
    This property features: Total public remarks mention over 4,828 sq. ft. of commercial space in Akron, IA; Built in 2005 with central air and a new boiler installed this year; Currently split setup: one side rented to Akron Gold & Silver plus a bathroom on that side (sink & toilet)
    (712) 224-6398
    We can help!
    Listing Contact
    Janel Pearson
    Janel Pearson
    Real Estate License ID: S64755000,PersonLicenseNumber
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    110 Reed St, Akron, IA 51001
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!