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    401 E Reed St Red Oak, IA 51566

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    For Sale
    Contact for pricing

    Well-maintained brick building suitable for storage facility.

    Property size:
    16,815 SF
    Lot size:
    0.14 Acres

    Property Features for 401 E Reed St

    General Information

    Size
    16,815 SF
    Lot size
    0.14 Acres

    Source: Berkshire Hathaway HomeServices Ambassador Real Estate - Omaha Agent Michael J Blackmon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Red Oak Brick Building

    This well-maintained all-brick building, formerly a grocery store, includes a rear storage area constructed in the 1950s. The 16,815 square foot property is ideally suited for use as a mini storage facility, catering to the small storage needs of area businesses. The building is climate controlled and currently vacant, ready for a new owner.
    Insight Report Location Intelligence

    Current Use by Public Records

    Single Use Solutions Consultant Stuntz Wendell R ... Dentist Wulf Michelle DDS Dentist Experience Education Education Totally Green Bottles ... Manufacturer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Red Oak
    County
    Montgomery
    State
    Iowa
    Longitude
    -95.2277674
    Latitude
    41.0097969

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    FAQs

    What type of property is this?
    Self storage facility - Well-maintained brick building suitable for storage facility.
    Where is this self storage facility located?
    The property is located at 401 E Reed St Red Oak, IA.
    What is the asking price?
    The asking price for this property is $20,000.
    What are key features of this property?
    This property features: - Perfect location for a mini storage facility.; - Well-maintained all-brick building.; - Rear storage area already in place.
    (402) 981-7337
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    401 E Reed St Red Oak, IA 51566
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    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
    401 E Reed St Red Oak, IA 51566
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