Country Acreage with
For Sale
$209,900
1024 Dakota Ave., Clare, IA 50524
LAND - Clare, IA
Property Size1,544 SF
Lot Size1.82 Acres
Price / SF$135.95
Days on Market113
Property Features for 1024 Dakota Ave.
General Information
Property type
Land
Property subtype
Other
Vegetation
Wooded
Interior features
Hardwood Floors
Exterior features
Fenced Yard, Outbuildings, Shed(s), Wooded, Workshop
Fencing
Fenced
Appliances
Dishwasher, Electric Range, Refrigerator
Elementary school district
Manson/NW Webster/FD
Middle school district
Manson/NW Webster/FD
High school district
Manson/NW Webster/FD
Subdivision
Webster
Standard status
Active
Size
1,544 SF
Lot size
1.82 Acres
Taxes and HOA fees
Tax Annual Amount
1305
Utilities
Heating system
Propane (Heating), Forced Air
Cooling system
Central Air
Water source
Well
Building Details
Flooring type
Hardwood
Roof type
Metal
Architectural style
Other
Additional Structures
Outbuilding, Workshop
Listing Agency:
Kesterson Realty Inc
(515) 955-7714
Listed By:
Jeremiah Condon · License #B63052000
(515) 571-8326
Added: Apr 16
Changed: Aug 2
Last Checked: Aug 6 at 7:06AM
MLS# 29821
Copyright © 2026 Fort Dodge 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.
Investment Insights
Based on property information with market context.
Set on 1.82 acres just outside Clare, Iowa, this property offers a 4-bedroom, 2-bath farmhouse with original hardwood floors throughout. The home’s layout provides character and comfortable interior living space.
The acreage includes a versatile 36 x 30 shed with a concrete floor and heating and cooling, along with additional outbuildings on site. Two chicken coops are also included with the property.
Located at 1024 Dakota Ave., Clare (Webster County), the site is suited for those looking for rural space with multiple accessory structures for storage, workshop use, or other on-site needs.
The acreage includes a versatile 36 x 30 shed with a concrete floor and heating and cooling, along with additional outbuildings on site. Two chicken coops are also included with the property.
Located at 1024 Dakota Ave., Clare (Webster County), the site is suited for those looking for rural space with multiple accessory structures for storage, workshop use, or other on-site needs.
Key Highlights
- Acreage offers country living just outside of Clare, Iowa.
- 36 x 30 shed with concrete floor, heating, and cooling, suitable for workshop, storage, or hobbies.
- Charming 4‑bedroom, 2‑bath farmhouse.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.4k | $14.52 |
| − Vacancy | −$1.4k | −$0.91 |
| EGI | $21.0k | $13.61 |
| − OpEx | −$9.5k | −$6.12 |
| NOI | $11.6k | $7.48 |
1,544 SF · lease $14.52/SF/yr · vacancy 6.30% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$165.1K
$144.4K – $192.6K
NOI $11,554 @ 7.0% cap · market cap 5.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$278.2K
$243.5K – $324.6K
NOI $19,477 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
Explore this area
Business Placement
Demographics for 50524, IA
524
Population
204
Households
2.6
Avg Household Size
44
Median Age
23%
College-Educated
95%
High-School Grad
57.2 sq mi
ZIP Area
9
Density / Sq Mi
$89,063
Median Household Income
$51,979
Median Earnings
$650
Median Rent
$200,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - A 1.82-acre property with a 36x30 outbuilding featuring a concrete floor and heating and cooling.
Where is this single family property located?
The property is located at 1024 Dakota Ave. Clare, IA.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Acreage offers country living just outside of Clare, Iowa.; 36 x 30 shed with concrete floor, heating, and cooling, suitable for workshop, storage, or hobbies.; Charming 4‑bedroom, 2‑bath farmhouse.
