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Modern Flex Space with Overhead Doors
For Sale
$320,000

108 W Hammond Street, Red Oak, IA 51566

Commercial Sale, Red Oak, IA

Property Size3,200 SF
Lot Size0.18 Acres
Price / SF$100
Days on Market227

Property Features for 108 W Hammond Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Business/Commercial
Directions Property is located on the SE Corner of Broadway & W Hammond
Standard status Active
APN 600628159026000
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description ORIG PLAT LT 5 & LT 6 (EX W 20') BLK 25
Tax Annual Amount 4178
Legal Description ORIG PLAT LT 5 & LT 6 (EX W 20') BLK 25

Utilities

Heating system Radiant
Water source Public

Building Details

Year built 2018
Number of units 1
Building materials Metal Siding
Architectural style Other
Listing Agency: Rubey Realty · Windermere Real Estate
Listed By: Timothy Fridolph
Added: Jan 15 Changed: Aug 26 Last Checked: Aug 30 at 12:06PM
MLS# 6334866

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.

Completed in 2018, this 3,200-square-foot flex building occupies a 40' × 80' footprint and uses a clear-span steel-frame design with 15' sidewalls. The insulated structure includes a 6-inch concrete slab with radiant in-floor heating, a reinforced grade-beam foundation, metal siding, and a 90-mph wind rating. Commercial zoning supports the property’s stated flexibility for contractor, trade, light industrial, storage, and owner-user operations.

Access is provided by two insulated 16' × 12' overhead doors with commercial operators, three walk doors, and on-site parking. The building has 200-amp electrical service and plumbing for three bathrooms, with one completed, plus a shower in the utility room. Public water serves the property, while 8-inch gutters and downspouts direct drainage to the street. The 0.18-acre parcel is located in Red Oak, Iowa.

Key Highlights

  • 3,200 SF building on a 0.18‑acre parcel
  • Built in 2018 with clear‑span steel‑frame construction and 15' sidewalls
  • Two insulated 16' × 12' overhead doors with commercial operators

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Barber Shop Cafe & Coffee Shop Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

420
Businesses Nearby
Under-served
Demand for This Use

Demographics for 51566, IA

6,772
Population
3,435
Households
2
Avg Household Size
44
Median Age
19%
College-Educated
91%
High-School Grad
176.4 sq mi
ZIP Area
38
Density / Sq Mi
$58,264
Median Household Income
$40,632
Median Earnings
$783
Median Rent
$116,200
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Hy-Vee Catering 1605 N Broadway St, Red Oak, IA 51566

Frequently Asked Questions

What type of property is this?
Flex space - Commercially zoned flex property with radiant in-floor heat, insulated finishes, and adaptable utility infrastructure.
Where is this flex space located?
The property is located at 108 W Hammond Street Red Oak, IA.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 3,200 SF building on a 0.18‑acre parcel; Built in 2018 with clear‑span steel‑frame construction and 15' sidewalls; Two insulated 16' × 12' overhead doors with commercial operators
More about this property
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