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    18Th St Spirit Lake, IA 51360

    For Sale
    $1,500,000

    Commercial - Spirit Lake, IA

    Days on Market:
    27
    Last Refresh:
    Dec 6 at 3:06 pm

    Property Features for 18Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0705401027
    Parking features
    Driveway

    Building Details

    Year built
    2010
    Building materials
    Metal Siding
    Architectural style
    Other

    Hinn Real Estate (712) 336-1240 [email protected]

    Listing agent Doug Small (712) 336-1240 License #S70351

    Listing date Nov 10, 2025

    MLS# 251156 Listing URL

    Copyright © 2025 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.

    Overview

    Spirit Lake Storage Facility Investment

    This commercial property, located just off Hwy 71 & 9 in Spirit Lake, IA, presents an investment opportunity for those seeking large-scale storage space. The property includes three storage buildings, one measuring 60' x 200' and two at 60' x 210', totaling 37,200 sq ft of space. Each building features 20' wide x 14' tall garage doors and a walk-in door. The owner is surveying off the east building to retain. The remaining three buildings are available for purchase and can be separated if desired. Easements are in place, providing access to the property from Hwy 9 & 71. All four buildings are currently leased with agreements in place until August 1, 2026, ensuring immediate cash flow.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Map

    City
    Spirit Lake
    County
    Dickinson
    State
    Iowa
    Longitude
    -95.120957195276
    Latitude
    43.421045216811

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    FAQs

    What type of property is this?
    Self storage facility - Large-scale storage space with immediate cash flow potential.
    Where is this self storage facility located?
    The property is located at 18Th St Spirit Lake, IA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Prime location off high-traffic Hwy 71 & 9.; - Substantial storage space totaling 37,200 sq ft across three buildings.; - Immediate cash flow with existing leases in place until August 1, 2026.
    (712) 336-1240
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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.

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    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
    18Th St Spirit Lake, IA 51360
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