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Commercial Building Near Highway 5
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2062 653rd Ave, Albia, IA 52531

6,032 SF commercial building on 1.21 acres near Highway 5.

Property Size6,032 SF
Lot Size1.21 Acres
Price / SF$95.32
Days on Market169

Property Features for 2062 653rd Ave

General Information

Standard status Active
Size 6,032 SF
Lot size 1.21 Acres
Property subtype Land, Mixed Use, Office
Zoning Commercial

Building Details

Year Built 2021
Buildings 1
Units 1
Listing Agency: Hawkeye Farm Mgmt & Real Estat
Listed By: Ryan Ammons · License #IA F05572000
Source: Crexi
Added: Feb 23 Changed: Aug 9 Last Checked: Aug 10 at 7:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hawkeye Farm Mgmt & Real Estat

Investment Insights

Based on property information with market context.

Located on the south edge of Albia, Iowa, just outside city limits, this commercial building offers accessibility, flexibility, and visibility. Constructed in 2021, the building provides 6,032 square feet under roof on a 1.21-acre lot with paved road frontage, positioned approximately 180 feet off Highway 5. The building is fully insulated with concrete floors and electric heat throughout the shop area. The front portion of the building measures 24’ x 58’ (1,392 square feet) of finished space and includes a kitchen, living area, bathroom, and one bedroom or private office. This space can be used for on-site living quarters, office operations, or employee accommodations. The remaining 34’ x 104’ (3,536 square feet) consists of finished shop space featuring full concrete floors, insulation, electric heat, and two large overhead doors. It has 16-foot sidewalls providing vertical clearance. Potential uses include an auto body or mechanical shop, equipment storage, a vehicle dealership, contractor headquarters, or indoor storage operations. The site includes a gravel parking lot with additional parking and expansion room.

Key Highlights

  • Built in 2021: Modern and up‑to‑date construction.
  • Highway 5 Visibility & Access: Located 180 feet from Highway 5 with paved road frontage.
  • Finished Living/Office Space: Includes 1,392 sq ft with a kitchen, living area, bathroom, and bedroom/office.

Property Analytics

Current Use

Office Units

Location Intelligence

Trade Area within ½ mile

Demographics for 52531, IA

5,817
Population
2,724
Households
2.1
Avg Household Size
42
Median Age
21%
College-Educated
96%
High-School Grad
223.0 sq mi
ZIP Area
26
Density / Sq Mi
$74,081
Median Household Income
$48,953
Median Earnings
$741
Median Rent
$140,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - 6,032 SF commercial building on 1.21 acres near Highway 5.
Where is this mixed-use property located?
The property is located at 2062 653rd Ave Albia, IA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Built in 2021: Modern and up‑to‑date construction.; Highway 5 Visibility & Access: Located 180 feet from Highway 5 with paved road frontage.; Finished Living/Office Space: Includes 1,392 sq ft with a kitchen, living area, bathroom, and bedroom/office.
(641) 777-2955 Call to check price and availability
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