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    20756 Iowa 3 Durango, IA 52039

    For Sale
    $1,350,000

    COMMERCIAL - Rickardsville, IA

    Property size:
    20,636 SF
    Days on Market:
    128
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 20756 Iowa 3

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B1, R1, A1
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    multiple
    Parking
    20
    Parking features
    Paved or Surfaced
    Size
    20,636 SF

    Utilities

    Heating system
    Forced Air, Other (Heating)
    Cooling system
    Other (Cooling)

    Building Details

    Year built
    1960
    Flooring type
    Concrete, Other
    Roof type
    Rubber
    Architectural style
    Other

    Equity Real Estate Group LLC (563) 542-3519

    Listing agent Steve Davis (563) 542-3519 License #IL

    Listing date Jul 31, 2025

    MLS# 152420 Listing URL

    Copyright © 2025 East Central Iowa Association 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

    Rickardsville Commercial Property with Warehouses

    Located in Rickardsville, Iowa, this offering includes six parcels featuring operational and warehouse buildings with B1 zoning, vacant A1 lots, and an R1 walkout lot. The property is situated less than 20 miles from Dyersville and 10 miles from Dubuque. Building 1 is an 8,000 sq ft brick structure currently operating as a vehicle service center, featuring office space and four overhead doors. Building 2 is a 6,300 sq ft steel building with a large shop accessed by a 20x14' overhead door and ample warehouse area. Building 3 is a two-level cold storage building with post frame/steel envelope construction. All buildings carry B1 (general business) zoning. Three vacant lots are included on the north side of Iowa Route 3. Lot 1 is a +/- 3.5 acre level lot, currently gravel, with 750' of frontage. Lot 2 is a +/- 1.75 acre residential walk-out lot. Lot 3 is a +/- 13.25 acre pasture lot with access via James Road. The total living area of the buildings is 20,636 square feet. The existing business is occupying and operating through June 2026. The dynamic property is intended to be sold as a bundle but certain lots may be considered for sale separately.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Map

    City
    Durango
    County
    Dubuque
    State
    Iowa
    Longitude
    -90.8614
    Latitude
    42.5442

    FAQs

    What type of property is this?
    Auto shop - Six parcels with buildings and vacant lots in Rickardsville, Iowa.
    Where is this auto shop located?
    The property is located at 20756 Iowa 3 Durango, IA.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - Six parcels offered as a bundle on a ridge in Rickardsville, Iowa.; - Includes an 8,000 sq ft vehicle service center and a 6,300 sq ft shop/warehouse with B1 zoning.; - Features a +/- 1.75 acre residential walk-out lot (R1) with exceptional views.
    (563) 542-3519
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    Durango, IA 52039
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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
    20756 Iowa 3 Durango, IA 52039
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