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Flex Property With Multiple Outbuildings
For Sale
$289,000

1310 Highway 18 E, Algona, IA 50511

Commercial Sale, Algona, IA

Property SizeContact for details
Lot Size0.90 Acres
Days on Market893

Property Features for 1310 Highway 18 E

General Information

Property type Commercial Sale
Property subtype Other
Directions From the intersection of US Highway 169 & US Highway 18, travel east for 3/4 of a mile. Property is on south side of US Highway 18.
Standard status Active
APN 22-01-126-004
Lot size 0.90 Acres

Taxes and HOA fees

Tax Year 2022
Tax Description PARCEL B OF SURVEY RECORDED IN BK 8 PP
Tax Annual Amount 2936
Legal Description PARCEL B OF SURVEY RECORDED IN BK 8 PP

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1930
Number of units 4
Building materials Metal Siding
Roof type Metal
Architectural style Other
Listing Agency: Weichert, REALTORS-The 515 Agency
Listed By: Brad Hoover · License #S65561
Added: Apr 19, 2024 Changed: Aug 19 Last Checked: Sep 28 at 12:06AM
MLS# 6316588

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 flex property sits on 0.9 acres and includes a primary commercial building with an open sales floor, office, break room, bathroom, and storage room. Interior improvements created a more open sales-area configuration. Two separate heating and cooling units serve the building, with both units replaced within the last few years. Construction includes metal siding and a metal roof, with forced-air heat, central air, and public water.

Additional improvements expand the property’s utility. An attached 80' x 24' pole building contains another office and a small insulated, heated shop with a 12' x 12' overhead door. A separate southeast building measures 48' x 20' and includes a 48' x 32' lean-to. The southwest pole barn, built in 1990, offers a full concrete floor, a 10' x 40' storage loft, and sliding doors.

Key Highlights

  • 0.9‑acre flex property with multiple commercial buildings
  • Main building includes open sales floor, office, break room, bathroom, and storage
  • Two HVAC units replaced within the last few years

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Pharmacy Parking Lot & Garage 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.

Location Intelligence

Trade Area within ½ mile

119
Businesses Nearby
Well-served
Demand for This Use

Demographics for 50511, IA

7,061
Population
3,385
Households
2.1
Avg Household Size
47
Median Age
26%
College-Educated
95%
High-School Grad
130.0 sq mi
ZIP Area
54
Density / Sq Mi
$60,256
Median Household Income
$43,692
Median Earnings
$892
Median Rent
$180,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Similar Off Market Nearby

  • Hy-Vee Catering — 1500 US-169, Algona, IA 50511

Frequently Asked Questions

What type of property is this?
Flex space - Updated interior includes an open sales area, office, break room, restroom, and storage.
Where is this flex space located?
The property is located at 1310 Highway 18 E Algona, IA.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 0.9‑acre flex property with multiple commercial buildings; Main building includes open sales floor, office, break room, bathroom, and storage; Two HVAC units replaced within the last few years
More about this property
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