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    Property profile & analytics

    2008 High St Elk Horn, IA 51531

    • Warehouses
    • 1,500 SF
    • 0.83 lot acres
    For Sale
    View listing
    $850,000
    Value Estimation
    Location Intelligence
    Property ID
    US25-1856476
    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.

    Current Use by Public Records

    • LAR Enterprises, LLC / Sandblasting Service / Auto Restoration Service

    Property Details for 2008 High St

    Year built
    2008
    Construction
    FRAME
    Lot size
    0.83 lot acres
    Property size
    1,500 SF
    Property type
    Warehouses
    APN
    833022000151
    APU
    833022000151

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elk Horn
    County
    Shelby
    State
    Iowa
    Longitude
    -95.0555
    Latitude
    41.5992

    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
    $11,998
    $22,464
    $397,216
    $419,680
    -
    $22,464
    $397,216
    $419,680

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation by Request
      4,944 SF

      Elk Horn, IA 51531

      WAREHOUSE, STORAGE • 4,944 SF
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    • Value Estimation
      $315,000
      3,200 SF

      2012 High St

      WAREHOUSE, STORAGE • 3,200 SF
      2012 High St, Elk Horn, IA 51531-2010
      View Details
    • Value Estimation by Request
      1,440 SF

      Elk Horn, IA 51531

      WAREHOUSE, STORAGE • 1,440 SF
      Elk Horn, IA 51531
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    • Value Estimation by Request
      1,600 SF

      Elk Horn, IA 51531

      WAREHOUSE, STORAGE • 1,600 SF
      Elk Horn, IA 51531
      View Details
    • Value Estimation by Request
      3,200 SF

      Elk Horn, IA 51531

      WAREHOUSE, STORAGE • 3,200 SF
      Elk Horn, IA 51531
      View Details

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    Elk Horn, IA 51531
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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
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