616 17th St SE Unit #13, Orange City, IA 51041
- Added:
- Feb 20, 2026
- Days on Market:
- 113
- Last Refresh:
- Jun 13 at 6:06 pm
Property Features for 616 17th St SE Unit #13
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- to be created
Building Details
- Year built
- 2026
- Roof type
- Metal
Listing agent Klayton Wielenga (712) 441-3813
Listing office Real Broker, LLC 699 Walnut St 4th Floor, Des Moines, IA (515) 305-2577
Listing date Feb 20, 2026
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.
HighLights
- Brand‑new 30x54 storage unit built in 2026 with a 16' ceiling and a 14' overhead door
- Metal roof, clean white tin interior finishes, and an electric furnace plus AC‑ready setup
- 200‑amp electrical panel for power in the unit
- Includes a bathroom with toilet and shop sink
- HOA fee is $85/month, covering snow removal, lawn mowing, exterior insurance, and garbage service
- Utilities: water and sewer via Orange City Municipal Utilities; electric via MidAmerican Energy (no gas service)
Overview
The property is located within an HOA, where the monthly fee is stated as $85. According to the remarks, this HOA fee covers snow removal, lawn mowing, exterior insurance, and garbage service. Water and sewer are provided by Orange City Municipal Utilities, and electric service is provided by MidAmerican Energy, with no gas service to the property.
For buyers seeking a self-storage or flexible work-and-storage space, the combination of high ceiling clearance, a large overhead door, and substantial electrical capacity supports a range of everyday setups. With climate equipment included and a bathroom on site, the unit is also suited for extended hobby or workshop use while HOA-managed exterior services help reduce routine upkeep.
Local Financial Insights For Self Storage
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 | $21.4k | $13.20 |
| − Vacancy | −$1.7k | −$1.06 |
| EGI | $19.7k | $12.14 |
| − OpEx | −$5.9k | −$3.64 |
| NOI | $13.8k | $8.50 |
Alternative Uses
Current Use by Public Records
Map
- City
- Orange City
- County
- Sioux
- State
- Iowa
- Longitude
- -96.0387
- Latitude
- 43.0807
