Building Details

Year built 1999

Building materials Metal Siding

Architectural style Other

Listing Agency: Jaspersen Insurance & Real Estate Show Phone

Listed By: Tom Christianson · License #*** Show Phone

Added: Feb 25, 2025 Changed: Aug 21 Last Checked: Sep 12 at 12:06AM

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MLS# 6328789

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.

This manufacturing property comprises several metal-sided buildings serving production, storage, and operational needs. The main shop, built in 1999, includes a 16 x 34 office/breakroom, radiant floor heat, geothermal heating with boiler backup, vehicle service facilities, and overhead doors measuring 14 x 14 and 30 x 14. A 20 x 26 addition was completed in 2009.

The 60 x 180 manufacturing building has a concrete floor, loading dock, 10 x 10 overhead door, 480 3ph electrical service, and geothermal heating and air conditioning. In-floor radiant heat covers 60 x 120, while the remaining 60 x 60 area is currently unheated. Additional improvements include a 60 x 140 cold-storage building with two 24 x 14 overhead doors, a 24 x 40 shed, and an 18 x 32 shed with partial concrete and a sliding door. Solar panels are installed on the cold-storage building roof. The property uses a private well and private sewer.

Key Highlights

• 60 x 180 manufacturing building with concrete floor, loading dock, and 10 x 10 overhead door
• 480 3ph electrical service in the manufacturing building
• 60 x 120 manufacturing area has in‑floor radiant heat installed in 2012

Property Analytics

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Current Use

Cornerstone Innovations, Inc. Industrial Manufacturer KGL Enterprises Ltd Agricultural Service

Suggested Use

Top Pick Storage Facility Garden Center Department Store

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

Location Intelligence

Trade Area within ½ mile

21

Businesses Nearby

Explore this area Business Placement

Demographics for 50420, IA

392

Population

188

Households

2.1

Avg Household Size

43

Median Age

25%

College-Educated

72%

High-School Grad

47.3 sq mi

ZIP Area

8

Density / Sq Mi

$76,169

Median Household Income

$43,889

Median Earnings

$394

Median Rent

$77,500

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this manufacturing properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Manufacturing property - Multi-building industrial property with manufacturing, storage, office, loading, and vehicle service features.

Where is this manufacturing property located?

The property is located at 1775 Balsam Avenue Alexander, IA.

What is the asking price?

The asking price for this property is $695,000.

What are key features of this property?

This property features: 60 x 180 manufacturing building with concrete floor, loading dock, and 10 x 10 overhead door; 480 3ph electrical service in the manufacturing building; 60 x 120 manufacturing area has in‑floor radiant heat installed in 2012