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Flex Building With Shop Space
For Sale
$540,000

2062 653rd Avenue, Albia, IA 52531

COMMERCIAL - Albia, IA

Property Size6,032 SF
Lot Size1.21 Acres
Price / SF$89.52
Days on Market193

Property Features for 2062 653rd Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Industrial
Appliances Range, Microwave, Exhaust Fan, Dishwasher, Refrigerator, Washer, Dryer, Electric Water Heater
Directions At the intersection of Highway 5 & 34, head South on Highway 5 for 0.6 miles then turn Eats onto 653rd Avenue. Property will be on the Northeast side of road.
Standard status Active
APN 080827041000000
Lot size 1.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Parcel G in NW 1/4 SW 1/4, Section 27, T72N, R17W, Monroe County, Iowa. Exact legal to come from abstract.
Tax Annual Amount 5028
Legal Description Parcel G in NW 1/4 SW 1/4, Section 27, T72N, R17W, Monroe County, Iowa. Exact legal to come from abstract.

Utilities

Sewer type Septic Tank
Heating system Forced Air
Cooling system Ductless
Water source Public

Amenities

kitchen
living area
bathroom
private office
insulated shop space
concrete floors
electric heat
overhead doors

Building Details

Year built 2022
Number of units 1
Flooring type Concrete
Building materials Metal Siding
Roof type Metal
Listing Agency: Hawkeye Farm Mgmt & Real Estat
Listed By: Ryan Ammons · License #S61896
Added: Feb 16 Changed: Aug 10 Last Checked: Aug 28 at 9:06PM
MLS# 6335657

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 flex property combines a 6,032-square-foot steel building with a practical mix of finished space and shop area. The 1,392-square-foot finished portion includes a kitchen, living area, bathroom, and one bedroom or private office. The remaining 4,640 square feet provides insulated shop space with full concrete floors, electric heat, and 16-foot sidewalls. Two large overhead doors support equipment and vehicle access.

The property occupies 1.21 acres outside the Albia city limits, with paved road frontage and a location approximately 180 feet off Highway 5. A gravel lot provides additional area for parking, equipment storage, or expansion. Industrial zoning, public water, septic service, metal siding, a metal roof, forced-air heating, and ductless cooling complete the existing improvements.

Key Highlights

  • 6,032‑square‑foot steel flex building on 1.21 acres
  • 1,392 square feet of finished office or living space
  • 4,640 square feet of insulated shop area with concrete floors

Property Analytics

Current Use

Flex space

Lease Details

16 ft
Clear height
2
Drive-in doors
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

39
Businesses Nearby
Well-served
Demand for This Use

Demographics for 52531, IA

5,817
Population
2,724
Households
2.1
Avg Household Size
42
Median Age
21%
College-Educated
96%
High-School Grad
223.0 sq mi
ZIP Area
26
Density / Sq Mi
$74,081
Median Household Income
$48,953
Median Earnings
$741
Median Rent
$140,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Hy-Vee Catering 301 US-34 W, Albia, IA 52531

Frequently Asked Questions

What type of property is this?
Flex space - Flexible commercial building with finished office or living space, insulated shop area, and paved-road access near Highway 5.
Where is this flex space located?
The property is located at 2062 653rd Avenue Albia, IA.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 6,032‑square‑foot steel flex building on 1.21 acres; 1,392 square feet of finished office or living space; 4,640 square feet of insulated shop area with concrete floors
More about this property
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