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    1004 Short St Decorah, IA 52101

    For Sale
    Contact for pricing

    Highway Commercial Land: Build, Lease, or Buy

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial land parcel in Decorah, Iowa, presents a unique investment opportunity. Located at 1004 Short St, in Winneshiek County, zip code 52101 (43.2912416, -91.7987593), this C1-zoned Highway Commercial property is ideal for various commercial developments. The site offers flexibility for developers, with options to purchase, lease, or pursue a build-to-suit arrangement. One section, Parcel A, is part of a proposed three-tenant, approximately 5,000 square foot strip center, with one remaining drive-thru space available. A second parcel, Parcel B, can accommodate a building of up to approximately 5,000 square feet. Furthermore, a proposed 1,500 square foot single-tenant building with a drive-thru is also an option. The current owner is open to selling the land if a developer has their own plans. This prime location benefits from proximity to major employers such as Luther College (640 employees), Stanley Fastening (456 employees), and Winneshiek Medical Center, ensuring a strong potential customer base. The property is well-suited for a variety of uses, including sit-down restaurants, quick-service restaurants, general commercial businesses, or office spaces. This is a rare chance to establish a thriving business in a vibrant Iowa community.

    Property Features for 1004 Short St

    General Information

    Property type
    Land

    HighLights

    • Exceptional commercial land parcel in Decorah, IA, at 1004 Short St., zoned C1‑Highway Commercial.
    • Offers flexible options: purchase, lease, or build‑to‑suit.
    • Includes two parcels: Parcel A (part of a proposed 5,000 SF strip center with one drive‑thru space available) and Parcel B (suitable for up to a 5,000 SF building). A 1,500 SF single‑tenant building with drive‑thru is also possible.
    • Prime location near Luther College, Stanley Fastening, and Winneshiek Medical Center, ensuring strong customer base.
    • Ideal for various uses, including restaurants and general commercial businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Decorah
    County
    Winneshiek
    State
    Iowa
    Longitude
    -91.7987593
    Latitude
    43.2912416

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    FAQs

    What type of property is this?
    Land - Highway Commercial Land: Build, Lease, or Buy
    Where is this land located?
    The property is located at 1004 Short St Decorah, IA.
    What are key features of this property?
    This property features: Exceptional commercial land parcel in Decorah, IA, at 1004 Short St., zoned C1-Highway Commercial.; Offers flexible options: purchase, lease, or build-to-suit.; Includes two parcels: Parcel A (part of a proposed 5,000 SF strip center with one drive-thru space available) and Parcel B (suitable for up to a 5,000 SF building). A 1,500 SF single-tenant building with drive-thru is also possible.
    (515) 226-8013
    Request Owner's contact information
    1004 Short St Decorah, IA 52101
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    Decorah, IA 52101
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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
    1004 Short St Decorah, IA 52101
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