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    415 Broad Ave Stanton, IA 51573

    Sponsored
    For Sale
    $199,000

    COMMERCIAL - Other - Stanton, IA

    Lot size:
    0.21 Acres
    Days on Market:
    56
    Last Refresh:
    Jan 22 at 1:06 am

    Property Features for 415 Broad Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Window features
    Wood Frames, Double Pane Windows, Blinds
    Zoning
    Business/Commercial
    APN
    681104256002000
    Parking features
    Open, Garage, Garage - Detached
    Basement
    Storage Space, Walk-Out Access, Full
    Appliances
    Range, Electric Water Heater
    Lot size
    0.21 Acres

    Utilities

    Heating system
    Baseboard, Heat Pump (Heating), Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1918
    Number of units
    2
    Flooring type
    Drainage, Concrete, Vinyl, Carpet
    Building materials
    Concrete, Frame, Block, Brick, Metal Siding, Wood Siding
    Roof type
    Rubber, Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Chris A Amos
    Chris A Amos

    Rubey Realty (712) 623-2724 [email protected]

    Listing agent Chris A Amos (712) 623-2724

    Listing date Nov 28, 2025

    Copyright © 2025 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.

    Learn more

    Property Insight Report

    Overview

    Versatile Commercial Building in Stanton, Iowa

    Located at 415 Broad Avenue in Stanton, Iowa, this commercial property features a main building of 8,120 square feet. The main level, encompassing 4,060 square feet, includes office space with an air lock entry and a payment drop-off area. The main lobby measures 20x29 feet and opens to a hallway with two restrooms and access to four individual offices. An "L"-shaped conference room on the main level includes a sink and mini refrigerator. The breakroom, sized at 38x31 feet, features a kitchenette and three separate storage rooms. The attic houses ductwork for the heat pump and ventilation, along with additional storage space. The lower level, also 4,060 square feet, contains two garage bays, hanging electric heat, a half-bath restroom, storage, and a work area. A Generac generator with a propane tank is included. Each level contains a large vault. The roof, replaced in 2019, features a Thermoplastic Polyolefin Membrane, and the building has newer metal siding. Additionally, there is a 2,000-square-foot warehouse building with a 16' W x 12' H overhead door, a walk-in door, and electrical service. The property sits on a lot of approximately 0.21 acres. Note that the South parcel will be surveyed, and the South half of that parcel will not be included in the sale. The sale is subject to the approval of the board of directors and the Rural Utilities Service. The property is zoned for business/commercial use and offers potential for various business applications.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    City Clerk City Tax Office SW Iowa Rural ... Electric Utility Company

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Hotel & Motel Kitchen & Bath Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Stanton
    County
    Montgomery
    State
    Iowa
    Longitude
    -95.10437116
    Latitude
    40.98232499

    Nearby Similar for Sale

    • $325,000
      Pending

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      Well-maintained 12-unit motel with manager's quarters for sale.
      620 Halland Ave, Stanton, IA 51573
      View Details

    FAQs

    What type of property is this?
    Office space - Commercial building with office, warehouse, and storage space for sale.
    Where is this office space located?
    The property is located at 415 Broad Ave Stanton, IA.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Main building: 8,120 sq ft with versatile office space, including a lobby, conference room, breakroom with kitchenette, and individual offices.; - Lower level: 4,060 sq ft with two garage bays, storage, and a work area.; - Includes a 2,000 sq ft warehouse with a large overhead door and electrical service.
    (712) 370-5515
    Request Owner's contact information
    415 Broad Ave Stanton, IA 51573
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    415 Broad Ave Stanton, IA 51573
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    We can help!
    Listing Contact
    Chris A Amos
    Chris A Amos
    Real Estate License ID: ***
    (712) 370-5515
    Learn more
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