319 5th St Correctionville, IA 51016
Turnkey auto parts business with real estate for sale.
Property Features for 319 5th St
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- Business for Sale
Building Details
- Year Built
- 2012
Listing office NAI United
Listing date May 26, 2026
Source Crexi
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 NAI United
Investment Insights
Based on property information with market context.
Key Highlights
- Established NAPA Auto Parts store with business and real estate included.
- Turnkey operation with consistent annual revenue around $870,000.
- Minimal debt and clean balance sheet.
Local Financial Insights For Retail
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 | $92.9k | $15.48 |
| − Vacancy | −$7.8k | −$1.31 |
| EGI | $85.0k | $14.17 |
| − OpEx | −$25.5k | −$4.25 |
| NOI | $59.5k | $9.92 |
Alternative Uses
Property Analytics
Current Use by Public Records
Similar Off Market Nearby
- Pinnacle Performance LLC — 816 Driftwood St, Correctionville, IA 51016
- Sioux Valley Automotive — 307 Sioux Ave, Correctionville, IA 51016
- K & J Automotive Repair — 213 ironwood st, correctionville, ia 51016
