Flex Property With Office and
For Sale
$850,000
5047 HWY 3, Cherokee, IA 51012
COMMERCIAL - Cherokee, IA
Property SizeContact for details
Lot Size7.42 Acres
Days on Market10
Property Features for 5047 HWY 3
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Elementary school
Cherokee
Middle school
Cherokee
High school
Cherokee
Directions
Gps is accurate.
Subdivision
Surrounding Areas/Other Areas
Standard status
Active
APN
190716201002000
Lot size
7.42 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
S 7.42A BETWEEN HWY 3 & CO RD W1/2 NE 979A Actual Per Abstract
Tax Annual Amount
10016
Legal Description
S 7.42A BETWEEN HWY 3 & CO RD W1/2 NE 979A Actual Per Abstract
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1977
Roof type
Metal
Listing Agency:
Gustafson Realty
(712) 225-4388
Listed By:
Mike Pitts · License #S43135
(712) 229-3669
Added: Aug 14
Changed: Aug 17
Last Checked: Aug 23 at 8:06PM
MLS# 834247
Copyright © 2026 Northwest 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.
Investment Insights
Based on property information with market context.
This flex property combines office, shop, warehouse, and garage improvements across multiple buildings. The primary structure includes 5,514 square feet of office area with up to 8 offices and a 5,920-square-foot shop equipped with 5 overhead doors measuring 12W x 14T, each with an opener. The shop also includes a caged parts room, upper mezzanine, and crew room or office.
Additional improvements include a 4,992-square-foot uninsulated pole warehouse with a concrete floor and overhead doors at both ends, plus a 1,560-square-foot insulated and heated garage with 3 overhead doors. The fenced equipment and laydown yard covers 7.42 acres and includes almost 1,360 feet of frontage along Highway 3. The property is zoned Commercial, with forced-air heating, central air, and a metal roof; the main improvements date to 1977.
Additional improvements include a 4,992-square-foot uninsulated pole warehouse with a concrete floor and overhead doors at both ends, plus a 1,560-square-foot insulated and heated garage with 3 overhead doors. The fenced equipment and laydown yard covers 7.42 acres and includes almost 1,360 feet of frontage along Highway 3. The property is zoned Commercial, with forced-air heating, central air, and a metal roof; the main improvements date to 1977.
Key Highlights
- 7.42‑acre commercial property with almost 1,360 feet of Highway 3 frontage
- 5,514 SF office area with up to 8 offices
- 5,920‑square‑foot shop with 5 overhead doors measuring 12W x 14T
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 51012, IA
6,592
Population
2,889
Households
2.3
Avg Household Size
46
Median Age
20%
College-Educated
93%
High-School Grad
147.7 sq mi
ZIP Area
45
Density / Sq Mi
$56,964
Median Household Income
$33,141
Median Earnings
$725
Median Rent
$127,900
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Multi-building commercial facility with office, shop, warehouse, and fenced yard components.
Where is this flex space located?
The property is located at 5047 HWY 3 Cherokee, IA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 7.42‑acre commercial property with almost 1,360 feet of Highway 3 frontage; 5,514 SF office area with up to 8 offices; 5,920‑square‑foot shop with 5 overhead doors measuring 12W x 14T
