1303 N 56th St, Clear Lake, IA 50428
Modern warehouse facility on nearly two acres with HWY Commercial zoning for flexible industrial use.
- Added:
- Jun 2, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 6 at 3:52 am
Property Features for 1303 N 56th St
General Information
- Standard status
- Active
- Size
- 11,028 SF
- Lot size
- 1.96 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2005
Listing agent Brett Schoneman License #43980000
Listing office Schoneman Realtors (641) 423-0500
Listing date Jun 2, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Schoneman Realtors
HighLights
- Modern warehouse facility built in 2005, expanded in 2023, offering approximately 11,028 SF
- Located on 1.96 acres with HWY Commercial zoning for flexible industrial use
- High‑visibility property with expansive site for maneuverability, parking, and outdoor use potential
Overview
Located at 1303 N 56th St in Clear Lake, the property is positioned for visibility and commercial accessibility. With the combination of a warehouse building and substantial acreage, the site layout is built to accommodate on-site operations and vehicle movement without feeling constrained.
For buyers or tenants, the HWY Commercial zoning provides flexibility for industrial use cases that benefit from a dedicated warehouse environment and an outdoor component. The 2023 expansion, along with the property’s overall condition and site size, can support businesses looking for a functional warehouse facility with room to operate on the property.
Local Financial Insights For Warehouse
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 | $99.3k | $9.00 |
| − Vacancy | −$7.9k | −$0.72 |
| EGI | $91.3k | $8.28 |
| − OpEx | −$13.7k | −$1.24 |
| NOI | $77.6k | $7.04 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Clear Lake
- County
- Cerro Gordo
- State
- Iowa
- Longitude
- -93.32073
- Latitude
- 43.147114
