Property summary
This 17,290-square-foot refrigerated/cold storage facility in Le Mars, Iowa, presents a unique investment opportunity. Located at 700 Prospect St SW, this single-tenant property sits on a 165,963-square-foot lot and offers significant expansion potential with an additional 1.5 acres of land. Built in 1998, the facility features 3 loading docks, 16- to 20-foot ceilings, and a versatile layout including cooler and freezer space. The cooler/processing room encompasses 6,762 square feet with… 16-foot ceilings and maintains a temperature of 35 degrees. Additional dry/cooler space boasts 20-foot ceilings, while a separate freezer area (-5 degrees) offers 2,083 square feet and 224 pallet spaces. The facility's capacity easily exceeds 500 pallet positions, and includes a processing room equipped with ample power and floor drains. An interstitial ceiling simplifies access to the fire sprinkler system and lighting. The ammonia refrigeration system ensures efficient temperature control. Currently leased, but early lease termination may be possible. The property's Commercial zoning in Plymouth County (APN 12-20-227-022) allows for diverse uses. This exceptional property is ideal for businesses seeking efficient cold storage solutions and future expansion capabilities in a thriving Northwest Iowa location. The property's single-story design and ample parking further enhance its appeal.
Ownership intelligence
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Owner contacts
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Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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Comparables
1 recorded sale · 6 properties nearbyComparable nearby
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Price sensitivity
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
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- Alternative use
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