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    1106 S 16Th St Clarinda, IA 51632

    For Sale
    $925,000

    Office, Commercial Sale - Clarinda, IA

    Days on Market:
    45
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 1106 S 16Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0831363125000
    Parking features
    Paved or Surfaced

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    2017
    Number of units
    3
    Building materials
    Stucco
    Architectural style
    Other

    Wellhausen Real Estate and Consulting (712) 542-0204

    Listing agent Chad Wellhausen (712) 542-0204 License #***

    Listing date Oct 22, 2025

    MLS# 6333057 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

    Retail and Office Center

    This fully leased, three-tenant retail and office center is situated along South 16th Street, a primary commercial corridor in Clarinda, Iowa. The property occupies 1.03 acres and includes 32,000 square feet of concrete parking. The building itself offers 5500 square feet of updated and well-maintained space. Featuring a strong tenant mix with long-term leases, the property provides predictable cash flow and requires minimal management, presenting a passive investment opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Puffs & More Smoke Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Clarinda
    County
    Page
    State
    Iowa
    Longitude
    -95.037437
    Latitude
    40.728183

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    FAQs

    What type of property is this?
    Shopping center - Fully leased retail and office center in Clarinda, Iowa.
    Where is this shopping center located?
    The property is located at 1106 S 16Th St Clarinda, IA.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: - Fully leased with long-term leases in place, ensuring predictable cash flow.; - Located on South 16th Street, a primary commercial corridor in Clarinda.; - Minimal management responsibilities, ideal for passive investment.
    (712) 542-0204
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    Clarinda, IA 51632
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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
    1106 S 16Th St Clarinda, IA 51632
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