Building Details

Year Built 2014

Buildings 3

Listing Agency: EXIT Realty Home/Land Properties p**@exithomeland.com Show Phone

Listed By: Pamela Yegge · License #*** Show Phone

Source: Exitrealty

Added: Apr 5, 2025 Changed: Aug 30 Last Checked: Aug 30 at 12:55PM

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Investment Insights

Based on property information with market context.

This automotive property is arranged for repair-shop and auto-parts operations across three buildings. Building 1 contains 6,240 SF, was constructed in 2014, is fully insulated, and includes radiant heat plus a waste-oil heater serving the rear area. The attached Building 2 adds 960 SF of heated and cooled office and kitchen space, along with an adjacent bathroom. Building 3, added in 2015, contributes 3,064 SF with heating and central AC.

The property is located at 11475 Highway 9 in Thompson, Iowa, with highway frontage. Included equipment and improvements include a waste-oil heater, a new air compressor installed in 2024, and appliances in the shop's kitchen area. The existing configuration provides separate work, office, kitchen, and service-related areas for an automotive business.

Key Highlights

• Three‑building automotive property totaling 10,264 SF
• Building 1: 6,240 SF, built in 2014, fully insulated with radiant heat
• Building 2: attached 960 SF office and kitchen area with heating, cooling, and adjacent bathroom

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

Paved road access

Location Intelligence

Trade Area within ½ mile

61

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this auto shops located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Auto shop - Repair shop and parts-store configuration with insulated work areas, office space, kitchen amenities, and dedicated heating and cooling.

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 $795,000.

What are key features of this property?

This property features: Three‑building automotive property totaling 10,264 SF; Building 1: 6,240 SF, built in 2014, fully insulated with radiant heat; Building 2: attached 960 SF office and kitchen area with heating, cooling, and adjacent bathroom