2008 High St Elk Horn, IA 51531
For Sale
1 / 65
This exceptional 14,030-square-foot warehouse in Elk Horn, Iowa, presents a unique owner-user opportunity. Located on a 0.83-acre lot at 2008 High St, 51531, this Class C industrial property boasts two single-story buildings constructed in 2006. The property features 30 parking spaces and is zoned for commercial use. Inside, you'll find a spacious layout with 16-foot ceilings, five drive-in doors ranging from 5 to 14 feet in height, and a comprehensive air compressor system with building-wide air lines. The warehouse includes a substantial sanding and paint booth ideal for large equipment, three offices, and two full bathrooms. A comfortable break room with a kitchen and a large showroom are also included, offering potential for conversion into living quarters. The property's energy efficiency is a significant advantage, thanks to a fully solar-powered electrical system and heated floors, significantly reducing utility costs. Seller financing is available to qualified buyers. The asking price is $850,000, translating to $60.58 per square foot. This versatile property is perfect for a variety of industrial uses, from manufacturing and repair to rebuilding operations.
-
LAR Enterprises, LLC Renovation Specialist General Contractor
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
Property description
Physical attributes from public recordsZoning & alternative use
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.