Search
Auto Repair Shop with Parts Space
For Sale
$695,000

11475 Highway 9, Thompson, IA 50478

COMMERCIAL - Thompson, IA

Property Size10,264 SF
Lot Size0.83 Acres
Price / SF$67.71
Days on Market514

Property Features for 11475 Highway 9

General Information

Property type Commercial Sale
Property subtype Other
Appliances Range, Microwave, Refrigerator
Directions Use GPS.
Standard status Active
APN 0623351004
Lot size 0.83 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 23 99 25 A TR IN 23 99 25 DESC BY METES & BDS IN BK 4 PG 128
Tax Annual Amount 7186
Legal Description 23 99 25 A TR IN 23 99 25 DESC BY METES & BDS IN BK 4 PG 128

Utilities

Heating system Forced Air, Radiant
Water source Public

Amenities

waste oil heater
air compressor
kitchen
bathroom
radiant heat
heating
central air conditioning

Building Details

Year built 2014
Number of units 3
Building materials Metal Siding
Listing Agency: EXIT Realty Home/Land Properties
Listed By: Pamela Yegge · License #B63442000
Added: Apr 3, 2025 Changed: Aug 14 Last Checked: Aug 29 at 12:06PM
MLS# 6326328

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.

This automotive property includes three separate buildings configured for repair work, parts sales, and administrative use. Building 1 provides 6240 SF with insulation, radiant heat, and a rear waste oil heater. The attached 960 SF second building contains heated and cooled office and kitchen areas, plus an adjacent bathroom. A third building adds 3064 SF, heating, and central AC. The property includes a waste oil heater, a new air compressor installed in 2024, and kitchen appliances including a range, microwave, and refrigerator.

The 0.83-acre site is located at 11475 Highway 9 in Thompson, Iowa, with highway frontage. Public water serves the property, and the improvements feature metal siding. Building 1 and Building 2 were built in 2014, while the adjoining third building was added in 2015.

Key Highlights

  • Three‑building automotive property on 0.83 acres at 11475 Highway 9
  • Building 1 offers 6240 SF with insulation, radiant heat, and a rear waste oil heater
  • Attached Building 2 provides 960 SF of heated and cooled office and kitchen space

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Electrical Service Storage Facility Tanning Salon Grocery & Convenience Store Food Market Restaurant

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

62
Businesses Nearby
Well-served
Demand for This Use

Demographics for 50478, IA

761
Population
439
Households
1.7
Avg Household Size
47
Median Age
34%
College-Educated
91%
High-School Grad
76.5 sq mi
ZIP Area
10
Density / Sq Mi
$44,880
Median Household Income
$43,580
Median Earnings
$709
Median Rent
$94,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Auto shop - Three-building commercial property with repair, office, kitchen, and auto-parts space along Highway 9.
Where is this auto shop located?
The property is located at 11475 Highway 9 Thompson, IA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Three‑building automotive property on 0.83 acres at 11475 Highway 9; Building 1 offers 6240 SF with insulation, radiant heat, and a rear waste oil heater; Attached Building 2 provides 960 SF of heated and cooled office and kitchen space
More about this property
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