616 17th St SE Unit #15, 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 #15
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 metal roof
- 16 ft ceiling plus 14 ft overhead door for storing large vehicles, equipment, or workshop setups
- White tin interior with electric furnace, AC‑ready setup, and 200‑amp electrical panel
- Includes a bathroom with toilet and shop sink
- HOA fee of $85/month covers snow removal, lawn mowing, exterior insurance, and garbage service
- Utilities include Orange City Municipal Utilities for water and sewer; electric via MidAmerican Energy (no gas service)
Overview
The property is addressed at 616 17th St SE Unit #15 in Orange City, Iowa, and is served by Orange City Municipal Utilities for water and sewer. Electric service is provided through MidAmerican Energy, and the property does not have gas service. The HOA fee is $85 per month and covers snow removal, lawn mowing, exterior insurance, and garbage service.
This unit is well suited for tenants or owners looking for a self-storage space with direct drive-in access and the basic utilities needed to support work or hobby setups. Practical considerations include the overhead door clearance for vehicle and equipment loading, the high ceiling height for taller items, and the on-site bathroom for day-to-day use, while the HOA-managed exterior services can reduce routine maintenance responsibilities.
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
