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    Iowa River Campground Business Opportunity Title is generated by Realmo AI

    19936 UU Avenue, Steamboat Rock, IA 50672

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    Claim this Listing
    For Sale
    $1,150,000

    COMMERCIAL - Steamboat Rock, IA

    Type:Office
    Property size:
    4,224 SF
    Lot size:
    5.21 Acres
    Price / SF:
    $272/SF
    Added:
    May 2, 2026
    Days on Market:
    32
    Last Refresh:
    Jun 2 at 7:06 pm

    Property Features for 19936 UU Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Zoning
    r
    Standard status
    Active
    APN
    881928301001
    Size
    4,224 SF
    Lot size
    5.21 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    E1/20 NE SE N RR SEC 29 & NW SW SEC 28 N RR & W OF PARCEL A SEC29-T88N-R19W
    Tax Annual Amount
    6410

    Utilities

    Utilities
    Water Available
    Heating system
    Radiant, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2019
    Flooring type
    Concrete
    Roof type
    Metal

    We can help!

    Listing Contact
    Gabby Mitchell
    Gabby Mitchell

    Listing agent Gabby Mitchell License #S6594600

    Listing office Oakridge Real Estate 3313 Terrace Drive, Cedar Falls, IA

    Listing date May 2, 2026

    MLS# 20261875

    Copyright © 2026 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Turn‑key, fully booked campground business with income secured for the next 2 years.
    • Unique shouse (shop/house) with 4804 sq ft of living space, 4 bedrooms, 2 bathrooms, and a 3087 sq ft shop.
    • Six fully furnished tiny homes (built in 2024) each with a kitchen, bath, patio, and firepit.
    • Includes a 4224 sq ft shop building (built in 2019) with 14ft & 8ft doors.
    • Located on 5.21 acres on the Iowa River with a private pond and access to a new bike path.
    • Significant expansion potential with opportunities to acquire more land and add more sites/amenities.

    Overview

    This campground property on 5.21 acres along the Iowa River represents a turn-key business opportunity. The property features multiple income streams and modern amenities. The campground includes six fully finished tiny homes built in 2024, each accommodating 2-8 people and equipped with a fully furnished kitchen, bath, and patio with its own firepit. There are also four permanent camping spots and a private pond for guest use for fishing and relaxation. Access to a new bike path enhances the outdoor appeal and guest experience. The property is currently fully booked for the next 2 years. Additional structures include a 4224-square-foot shop built in 2019 with 14ft and 8ft doors, and a separate shouse (shop/house) offering 4804 sq ft of living space and 3087 sq ft of shop space. The residential space includes four bedrooms and two bathrooms, a tornado shelter, in-floor heat, AC, furnace, and wood burner. Large living areas overlook the pond and include a private patio and hot tub hookup. There is potential for expansion, with opportunities to acquire more land and expand the number of sites or amenities. The property is zoned 'r' and located in Steamboat Rock, Iowa.
    Property Profile Location Intelligence

    Current Use by Public Records

    JKM Transport, LLC Freight Service

    Suggested Use

    Real Estate Agency Hotel & Motel Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Steamboat Rock
    County
    Hardin
    State
    Iowa
    Longitude
    -93.080773
    Latitude
    42.404118

    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Campground - Turn-key campground business on 5.21 acres with multiple income streams.
    Where is this campground located?
    The property is located at 19936 UU Avenue Steamboat Rock, IA.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: Turn‑key, fully booked campground business with income secured for the next 2 years.; Unique shouse (shop/house) with **4804 sq ft of living space**, 4 bedrooms, 2 bathrooms, and a **3087 sq ft shop**.; Six fully furnished tiny homes (built in 2024) each with a kitchen, bath, patio, and firepit.
    (319) 243-5443
    We can help!
    Listing Contact
    Gabby Mitchell
    Gabby Mitchell
    Real Estate License ID: S6594600
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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