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    1403 Lake Ave Storm Lake, IA 50588

    For Lease
    $9 SF/Yr ($5,250 /Mo)

    Three retail spaces available; 7,000 sq ft total.

    Lot size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Storm Lake Plaza offers a prime retail opportunity in Buena Vista County. This multi-tenant property encompasses a total of 7,000 square feet, currently entirely vacant and available for lease. The property is categorized as both retail and land, presenting a versatile option for prospective tenants. The flexible space allows for a variety of uses, accommodating businesses needing anywhere from a small footprint to the entire 7,000 square feet. The property consists of three individual suites, providing options for single-tenant occupancy or the potential for multiple businesses to co-locate. The lot size ranges from 0.42 to 3.54 acres, offering ample space for parking, outdoor displays, or potential expansion. This presents a unique chance to establish a presence in a thriving commercial area. The property's location within Buena Vista County provides access to a substantial customer base. Interested parties are encouraged to inquire about lease terms and explore the possibilities this versatile retail space offers. The entire 7,000 square feet is available for immediate occupancy. Contact us to schedule a viewing and discuss your business needs.

    Property Features for 1403 Lake Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,000 SF
    Total Rate
    5250

    Unit(s) available at that property

    Space
    1 - 5
    Size
    7,000 SF
    Rate per SF
    $9
    Space
    Suite 13.54 (Acres)
    Size
    1 SF
    Rate per SF
    $9
    Space
    Suite 2 ( .42 Acres)
    Size
    1 SF
    Rate per SF
    $9

    HighLights

    • Retail and land opportunity in Buena Vista County.
    • Three available commercial suites totaling 7,000 square feet.
    • Fully vacant, offering 7,000 square feet of leasable space.
    • Lot sizes range from 0.42 to 3.54 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Storm Lake
    County
    Buena Vista
    State
    Iowa
    Longitude
    -95.2006
    Latitude
    42.6562

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Land - Three retail spaces available; 7,000 sq ft total.
    Where is this land located?
    The property is located at 1403 Lake Ave Storm Lake, IA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: Retail and land opportunity in Buena Vista County.; Three available commercial suites totaling 7,000 square feet.; Fully vacant, offering 7,000 square feet of leasable space.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1403 Lake Ave Storm Lake, IA 50588
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