605 S 22nd St, Fort Dodge, IA 50501

Building Details

Floors in Building 1 More

Listing Agency: Kesterson Realty Inc Show Phone

Listed By: Todd McCubbin · License IA S66235000 Show Phone

Added: Mar 19 Changed: Oct 17 Last Checked: Nov 9 at 11:06PM

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MLS# 29750

Copyright © 2026 Fort Dodge 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.

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This auto shop property consists of a 4,000-square-foot building on 1.62 acres, with approximately 920 square feet devoted to finished office and waiting room areas. The remaining shop environment provides functional room for automotive work, storage, and other light industrial activities supported by the property’s LI zoning.

The property is located at 605 S 22nd St in Fort Dodge, Iowa, within Webster County and ZIP Code 50501. Its configuration combines customer-facing areas with a substantial work area, creating a practical layout for an automotive operation or other shop-based commercial use.

Key Highlights

• 4,000‑square‑foot commercial building on 1.62 acres
• Approximately 920 square feet of finished office and waiting room space
• Shop area suited to automotive work, storage, and light industrial activities

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$17,945

Suggested Prices Based on Cap Rates

Cap Rate 5%

$358,900 $358.9K

Cap Rate 7%

$256,357 $256.4K

Cap Rate 9%

$199,389 $199.4K

What to ask about pricing

Market Conditions

NOI Build-Up for 4,000 SF

Gross rent

$29.3K $7.32/SF

− Vacancy

−$1.7K −$0.42/SF

EGI

$27.6K $6.90/SF

− OpEx

−$9.7K −$2.42/SF

NOI

$17.9K $4.49/SF

Area

Webster County, IA

Vacancy

5.71%

Lease Rate

$7.32 /SF/Yr

Expense Ratio

35.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$358,900

Cap Rate 7%

$256,357

Cap Rate 9%

$199,389

Alternative Uses

Best Use

Retail

$593.2K

$519.1K – $692.1K (±1% cap)

NOI $41,524 @ 7.0% cap

Second Best

Industrial

$269.4K

$235.7K – $314.3K (±1% cap)

NOI $18,856 @ 7.0% cap

Theoretical Best

Office A

$720.8K

$630.7K – $841.0K (±1% cap)

NOI $50,458 @ 7.0% cap

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Spring Valley Roofing ... Roofing Company Clear Image Glass ... General Contractor Arndt's Auto & Diesel ... Auto Repair Shop Clavin Painting Painting Service

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage HVAC Service Storage Facility Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

975

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 50501, IA

28,492

Population

13,198

Households

2.2

Avg Household Size

39

Median Age

20%

College-Educated

92%

High-School Grad

152.2 sq mi

ZIP Area

187

Density / Sq Mi

$66,130

Median Household Income

$36,934

Median Earnings

$779

Median Rent

$139,700

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Similar Off Market Nearby

• Zig's Body & Paint — 1236 S 22nd St, Fort Dodge, IA 50501
• Tim's Automotive Tinting — 701 S 25th St, Fort Dodge, IA 50501
• BNB Motorwerks — 2926 8th Ave S Unit 14, Fort Dodge, IA 50501
• SGI Auto Repair Services LLC — 529 S 16th St, Fort Dodge, IA 50501
• Curt Bacon Body Shop — 1710 5th Ave S, Fort Dodge, IA 50501

Frequently Asked Questions

What type of property is this?

Auto shop - LI-zoned building includes finished office and waiting room areas.

Where is this auto shop located?

The property is located at 605 S 22nd St Fort Dodge, IA.

What are key features of this property?

This property features: 4,000‑square‑foot commercial building on 1.62 acres; Approximately 920 square feet of finished office and waiting room space; Shop area suited to automotive work, storage, and light industrial activities