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    11475 Highway 9 Thompson, IA 50478

    For Sale
    $875,000

    Commercial Sale - Thompson, IA

    Lot size:
    0.83 Acres
    Days on Market:
    179
    Last Refresh:
    Dec 5 at 2:06 pm

    Property Features for 11475 Highway 9

    General Information

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

    Utilities

    Heating system
    Forced Air, Radiant

    Building Details

    Year built
    2014
    Number of units
    3
    Building materials
    Metal Siding
    Architectural style
    Other

    EXIT Realty Home/Land Properties (515) 295-7577

    Listing agent Pamela Yegge (515) 295-7577 License #***

    Listing date Jun 10, 2025

    MLS# 6326328 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

    Highway 9 Commercial Property For Sale

    This commercial property, currently configured as a repair shop and auto parts store, offers potential for various business uses. The property includes three buildings. Building 1, constructed in 2014, spans 6240 square feet and is fully insulated with radiant heat and a waste oil heater in the back area. Building 2, also built in 2014, provides 960 square feet and houses office and kitchen areas with heating and cooling. Building 3, added in 2015 and adjoins building #1, offers 3064 square feet with heating and central AC. A new air compressor was installed in 2024. The kitchen/office area includes an adjacent bathroom. The property is located on Highway 9 and has high traffic and visibility. The lot size is 0.83 acres.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Food Market Storage Facility Grocery Store Bar & Pub Electrical Service Tanning Salon Steakhouse

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

    Location Insight

    • Map
    • Local Demand
    City
    Thompson
    County
    Winnebago
    State
    Iowa
    Longitude
    -93.772161
    Latitude
    43.374525

    Nearby Similar for Sale

    • $69,000
      0.07 Acres

      Historic Mixed-Use Building For Sale

      1900s brick bank building with business and residential income potential.
      160 S Jackson St, Thompson, IA 50478
      View Details

    FAQs

    What type of property is this?
    Auto shop - Commercial property with high traffic, visibility, and multiple buildings.
    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 $875,000.
    What are key features of this property?
    This property features: - High traffic and visibility on Highway 9, ideal for attracting customers.; - Three buildings totaling 10,264 SF provide ample space for various business operations.; - Building 1 (6240 SF) is insulated with radiant heat and a waste oil heater.
    (515) 295-7577
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    11475 Highway 9 Thompson, IA 50478
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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
    11475 Highway 9 Thompson, IA 50478
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