616 17th St SE Unit #12, Orange City, IA 51041
- Added:
- Feb 20, 2026
- Days on Market:
- 113
- Last Refresh:
- Jun 13 at 7:06 pm
Property Features for 616 17th St SE Unit #12
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
- New 30x54 storage unit built in 2026 with a metal roof
- 16 ft ceiling and 14 ft overhead door for large vehicle and equipment access
- 200‑amp electrical panel plus electric furnace, with AC‑ready setup
- Interior includes a bathroom with toilet and shop sink
- HOA is $85/month and covers 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 at 616 17th St SE, Unit #12, in Orange City, Iowa, and sits within an HOA. The HOA fee is listed at $85 per month and 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 through MidAmerican Energy, with no gas service to the property.
For buyers seeking a turn-key, low-maintenance storage or flex-style unit, this asset combines high-clearance access, dedicated electrical capacity, and on-site plumbing in a newly built configuration. The HOA-maintained exterior services also reduce day-to-day upkeep requirements for ownership.
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
