16390 252nd Avenue, Spirit Lake, IA 51360
- Added:
- Jul 7, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 8 at 11:06 pm
Property Features for 16390 252nd Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Driveway
- Standard status
- Active
- APN
- 10152004 & 10152005
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Lots 14 and 15, Hawn Storage Park, Dickinson County, IA EXACT LEGAL AS PER ABSTRACT
- Tax Annual Amount
- 1180
Building Details
- Year built
- 2017
- Building materials
- Steel Siding
Listing agent Deb Goetzinger License #B27135 (712) 330-1232
Listing office RE/MAX Lakes Realty 272 Hwy 71 PO Box 427, Spirit Lake, IA (712) 336-4967
Listing date Jul 7, 2026
Copyright © 2026 Iowa Great Lakes 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
- 4000 SF storage building built in 2017 with steel siding
- 50' x 80' building with concrete floors throughout
- Three large overhead doors: 16' wide x 14' high
- Driveway parking on an additional extra lot for more parking or future structure
Overview
The property is located at 16390 252nd Avenue in Spirit Lake, Iowa, in Dickinson County. An extra lot is included, which may support additional parking needs or a potential future structure, depending on how the site is planned.
For a tenant or operator, the combination of concrete flooring and oversized overhead doors suits businesses that require reliable storage and easy loading access. The existing building configuration supports immediate use, while the stated subdivision possibility can align with operators looking to adjust the mix of storage spaces over time. The included extra lot adds flexibility for vehicle storage or site planning considerations.
Local Financial Insights For Self Storage
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.8k | $13.20 |
| − Vacancy | −$4.5k | −$1.12 |
| EGI | $48.3k | $12.08 |
| − OpEx | −$14.5k | −$3.62 |
| NOI | $33.8k | $8.45 |
Alternative Uses
Current Use by Public Records
Map
- City
- Spirit Lake
- County
- Dickinson
- State
- Iowa
- Longitude
- -95.0909474
- Latitude
- 43.4271084
