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    1775 Balsam Ave Alexander, IA 50420

    For Sale
    $785,000

    Storage Facility - Alexander, IA

    Property size:
    5,512 SF
    Days on Market:
    111
    Last Refresh:
    Dec 6 at 7:06 pm

    Property Features for 1775 Balsam Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0508101026
    Size
    5,512 SF

    Utilities

    Heating system
    Forced Air, Geothermal (Heating)

    Building Details

    Year built
    1999
    Building materials
    Metal Siding
    Architectural style
    Other

    Jaspersen Insurance & Real Estate (641) 444-7163

    Listing agent Tom Christianson (641) 444-7163 License #***

    Listing date Aug 18, 2025

    MLS# 6328789 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

    Alexander IA Storage and Manufacturing

    This property in Alexander, Iowa, features multiple buildings suitable for storage, manufacturing, and other industrial uses. The main shop, constructed in 1999, includes a 16 x 34 office/breakroom, geothermal heat with boiler backup, and in-floor radiant heat. It is equipped with 14 x 14 and 30 x 14 overhead doors, along with a 20 x 26 addition from 2009, an oil change pit, and a wash area. The shop has 240 3-phase electrical power. The manufacturing building measures 60 x 180 with a concrete floor, loading dock, and a 10 x 10 overhead door. A 60 x 120 section of this building has in-floor radiant heat installed in 2012, along with geothermal heating and AC. A 60 x 60 area of the manufacturing building is not currently heated. The manufacturing building has 480 3-phase electric power. The middle storage building measures 60 x 140 and offers cold storage with a partial concrete floor and two 24 x 14 overhead doors. Solar panels are installed on its roof. Additionally, there is a 24 x 40 shed with an overhead door and an 18 x 32 shed with a partial concrete floor and sliding door. The total living area of the property is 5512 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cornerstone Innovations, Inc. Manufacturer KGL Enterprises Ltd Agricultural Service

    Suggested Use

    Department Store Storage Facility Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Alexander
    County
    Franklin
    State
    Iowa
    Longitude
    -93.477149
    Latitude
    42.800579

    FAQs

    What type of property is this?
    Warehouse - Storage, manufacturing, and shop buildings in Alexander, Iowa for sale.
    Where is this warehouse located?
    The property is located at 1775 Balsam Ave Alexander, IA.
    What is the asking price?
    The asking price for this property is $785,000.
    What are key features of this property?
    This property features: - Manufacturing building: **spacious 60 x 180 with concrete floor and loading dock**, plus in-floor radiant heat.; - Enjoy geothermal heating and AC in the manufacturing building and geothermal heat with boiler backup and in-floor radiant heat in main shop.; - Main shop (built in 1999) features office/breakroom, overhead doors, oil change pit, and wash area.
    (641) 444-7163
    Request Owner's contact information
    1775 Balsam Ave Alexander, IA 50420
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    Alexander, IA 50420
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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
    1775 Balsam Ave Alexander, IA 50420
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