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Auto Repair Shop with Highway Frontage
For Sale
$730,000

11475 Highway 9, Thompson, IA 50478

COMMERCIAL - Thompson, IA

Property Size10,264 SF
Lot Size0.83 Acres
Price / SF$71.12
Days on Market490

Property Features for 11475 Highway 9

General Information

Property type Commercial Sale
Property subtype Other
Appliances Range, Microwave, Refrigerator
Directions Use GPS.
Standard status Active
APN 0623351004
Lot size 0.83 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 23 99 25 A TR IN 23 99 25 DESC BY METES & BDS IN BK 4 PG 128
Tax Annual Amount 7186
Legal Description 23 99 25 A TR IN 23 99 25 DESC BY METES & BDS IN BK 4 PG 128

Utilities

Heating system Forced Air, Radiant
Water source Public

Amenities

insulated
radiant heat
central air conditioning
kitchen
bathroom

Building Details

Year built 2014
Number of units 3
Building materials Metal Siding
Listing Agency: EXIT Realty Home/Land Properties
Listed By: Pamela Yegge · License #B63442000
Added: Apr 3, 2025 Changed: Aug 4 Last Checked: Aug 5 at 11:06PM
MLS# 6326328

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Auto repair shop and auto parts store property on 11475 Highway 9 in Thompson, Iowa, currently set up for repairs and parts. The site includes three buildings: Bldg 1 (built in 2014) at 6,240 SF with radiant heat and a waste oil heater in the back area; Bldg 2 (built in 2014) at 960 SF with office/kitchen areas and heated and cooled comfort; and Bldg 3 (added in 2015) at 3,064 SF, adjoining Bldg 1, with heating and central AC. The property also notes a new air compressor added in 2024. In the off-shop kitchen area, appliances are included, including a range, microwave, and refrigerator. The kitchen/office area has an adjacent bathroom.

The property is described as having highway frontage and strong visibility, supporting a wide range of commercial uses beyond the current repair shop setup.

The buildings are constructed with metal siding, and water service is listed as public.

Key Highlights

  • 0.83‑acre auto repair shop site on Highway 9 in Thompson, IA
  • Three buildings: 6,240 SF (Bldg 1), 960 SF (Bldg 2), and 3,064 SF (Bldg 3)
  • Bldg 1 built in 2014 with radiant heat and a waste oil heater in back area

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Electrical Service Storage Facility Tanning Salon Grocery & Convenience Store Food Market Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

61
Businesses Nearby
Well-served
Demand for This Use

Demographics for 50478, IA

761
Population
439
Households
1.7
Avg Household Size
47
Median Age
34%
College-Educated
91%
High-School Grad
76.5 sq mi
ZIP Area
10
Density / Sq Mi
$44,880
Median Household Income
$43,580
Median Earnings
$709
Median Rent
$94,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Auto shop - Auto repair shop property on Highway 9 with three buildings totaling 0.83 acres and office kitchen space.
Where is this auto shop located?
The property is located at 11475 Highway 9 Thompson, IA.
What is the asking price?
The asking price for this property is $730,000.
What are key features of this property?
This property features: 0.83‑acre auto repair shop site on Highway 9 in Thompson, IA; Three buildings: 6,240 SF (Bldg 1), 960 SF (Bldg 2), and 3,064 SF (Bldg 3); Bldg 1 built in 2014 with radiant heat and a waste oil heater in back area
More about this property
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