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Property profile & analytics
FOR SALE
Warehouses

2008 High St Elk Horn, IA 51531

1,500 SF 0.83 ac lot Built 2008
Entity Owned 10-yr Hold Absentee Owner
Property ID
US25-1856476
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2008
Construction FRAME
Total area 1,500 SF
Lot 0.83 ac (36,288 SF)
APN 833022000151
UPID US25-1856476
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • LAR Enterprises, LLC Renovation Specialist General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
LLC Holdings INC · 10 yrs held
LLC Holdings INC
since 2016
1 recorded transaction
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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