0 East St Shelby, IA 51570
This 12,000-square-foot mixed-use warehouse, built in 2006, sits on a 2.13-acre lot in Shelby, Iowa, conveniently located off I-80 at exit 34. The single-story building boasts a sturdy concrete floor and features overhead doors for easy access. Its expansive size and prime interstate location offer high visibility and accessibility, making it ideal for a variety of uses including retail, storage, or light industrial businesses. The property's zoning is commercial, and it's currently vacant, presenting a unique opportunity for entrepreneurs seeking a high-traffic location. The asking price is $299,000. The ample land surrounding the building provides significant potential for expansion or the development of additional business ventures. This property offers a blend of immediate usability and future growth potential, making it an attractive investment for those seeking a strong return. The building dimensions are 80 feet by 150 feet with a 20-foot height.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.