1427 W Milwaukee Ave Storm Lake, IA 50588
Property profile & analytics
1427 W Milwaukee Ave Storm Lake, IA 50588
- Medical Office Space
- 1,248 SF
- 4.83 lot acres
Property ID
US25-1267328
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Medical Office Space
Property Details for 1427 W Milwaukee Ave
- Year built
- 1965
- Construction
- FRAME
- Lot size
- 4.83 lot acres
- Property size
- 1,248 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 10-33-453-008
- APU
- 1033453008
Description
This exceptional single-story office building, located at 1427-1429 W Milwaukee Avenue in Storm Lake, Iowa, presents a unique investment opportunity. The property boasts 1,248 square feet of vacant, net rentable space, ideal for a variety of professional uses. Previously utilized as a medical clinic, the building is well-maintained and ready for immediate occupancy. Situated on a generous 4.83-acre lot, it offers ample space for expansion or future development. The strategic location on the main thoroughfare (Highway 7/W Milwaukee Avenue) ensures high visibility and accessibility. The property benefits from its proximity to numerous other businesses and the presence of Buena Vista University in Storm Lake. Built in 1965, this building offers a solid foundation for a new owner to establish their business or generate rental income. The asking price is $400,000, translating to $320.51 per square foot. This represents a compelling value in the Storm Lake commercial real estate market. The property's size and location make it an attractive option for businesses seeking a prominent presence in a thriving community. This is a rare opportunity to acquire a substantial office building in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Storm Lake
- County
- Buena Vista
- State
- Iowa
- Longitude
- -95.2198
- Latitude
- 42.65
- CBSA code
- 44740
- CBSA name
- STORM LAKE, IA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,560
$117,450
$132,250
$249,700
-
$117,450
$132,250
$249,700
