2120 E Oak Street Algona, IA 50511
Well-equipped 3,816 sq. ft. commercial space with additional storage.
Property Features for 2120 E Oak Street
General Information
- Standard status
- Active
- Size
- 3,816 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2002
Listing office EXIT Realty Home/Land Properties
Listing date May 20, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- 3,816 sq. ft. versatile commercial space suitable for various uses.
- Features four overhead garage doors for easy access and functionality.
- Efficient heating systems: In
Local Financial Insights For Flex RnD
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 | $27.9k | $7.32 |
| − Vacancy | −$1.6k | −$0.42 |
| EGI | $26.3k | $6.90 |
| − OpEx | −$9.2k | −$2.42 |
| NOI | $17.1k | $4.49 |
