1798 Old Stage Rd Decorah, IA 52101-7497
This exceptional 1.15-acre commercial land parcel presents a unique investment opportunity in Decorah, Iowa. Situated in the C-1 Highway Commercial District, this property benefits from its high-traffic location, ideal for a variety of commercial ventures. The site is strategically positioned near Luther College, a significant institution bringing consistent foot traffic and a substantial student population. Furthermore, its proximity to WinnMed Medical Center adds to its appeal, attracting a diverse clientele. The property's location within Decorah, the county seat of Winneshiek County, ensures access to a robust local economy and established infrastructure. This 1.15-acre lot offers significant potential for developers and investors seeking a prime location in a thriving community. The C-1 zoning allows for a wide range of commercial uses, making it a versatile and attractive investment. The high visibility and accessibility of this property make it an excellent choice for businesses seeking to establish a strong presence in the Decorah area. This is a rare opportunity to acquire a well-located commercial lot in a desirable and growing community. The property's size and zoning provide ample flexibility for various development plans.
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Jakes Fireworks Discount Store Party Supply Store
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Walmart Baby & Nursery Services Social Service Agency Community Center
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Walmart Business Center (Bike/Boat/Book/etc) Store
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Primo Water Refill & Exchange Big Box & Wholesale Store
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Walmart Money Center Check Cashing
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.