Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    315 S 5Th St Cherokee, IA 51012

    For Sale
    $68,000

    Commercial - Cherokee, IA

    Lot size:
    0.40 Acres
    Days on Market:
    21
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 315 S 5Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    19035-0734131001
    Exterior features
    Level Lot
    Lot size
    0.40 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    2024
    Floors in Building
    1
    Building materials
    Other
    Roof type
    Metal
    Architectural style
    Other

    Rasmus Realty & Auction (712) 225-4911

    Listing agent Rusty Rasmus (712) 225-4911 License #S44870

    Listing date Nov 15, 2025

    MLS# 830988 Listing URL

    Copyright © 2025 Northwest Iowa Regional 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

    Commercial Lot in Cherokee, Iowa

    Located in Cherokee, Iowa, this commercial property at 315 S 5th St presents an opportunity for launching a local business. The property includes a fully powered lot with electricity run to the northwest side and a 368 sq ft climate-controlled shed on the south end. The shed is finished and suitable for use as a hobby shed, office, or creative studio. The property is located within Cherokee’s business community and may be suitable for various business ventures.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Cherokee
    County
    Cherokee
    State
    Iowa
    Longitude
    -95.5557435
    Latitude
    42.7474587

    Nearby Similar for Sale

    • $150,000
      1,952 SF

      Cherokee Multi-Unit Investment Opportunity

      Duplex with new roof, siding, windows, and flooring.
      222 W Elm St, Cherokee, IA 51012
      View Details
    • $250,000
      0.11 Acres

      Cherokee Commercial Building For Sale

      Well-maintained commercial building with equipment and furnishings included.
      119 E Main St, Cherokee, IA 51012
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial lot with powered shed, ideal for local business.
    Where is this commercial land located?
    The property is located at 315 S 5Th St Cherokee, IA.
    What is the asking price?
    The asking price for this property is $68,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Cherokee, ideal for launching a local business.; - Fully powered lot with electricity already connected.; - **Climate-controlled 368 sq ft shed, suitable for office, studio, or hobby space.**
    (712) 225-4911
    Request Owner's contact information
    315 S 5Th St Cherokee, IA 51012
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    315 S 5Th St
    Cherokee, IA 51012
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    315 S 5Th St Cherokee, IA 51012
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.