Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    301 Spruce St Monona, IA 52159-8035

    • Warehouses
    • 960 SF
    • 4.18 lot acres
    OFF-MARKET
    Value Estimation
    $465,000
    Location Intelligence
    Property ID
    US25-0712684
    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

    • Commercial Vehicle Group / Manufacturer

    Property Details for 301 Spruce St

    Year built
    1980
    Construction
    FRAME
    Lot size
    4.18 lot acres
    Property size
    960 SF
    Property type
    Warehouses
    APN
    3614427002
    APU
    3614427002

    Description

    This exceptional industrial property, located at 301 W Spruce Street in Monona, Iowa, presents a significant investment opportunity. The 50,458-square-foot building sits on a 5.18-acre lot (two parcels) and offers a versatile space suitable for distribution or manufacturing operations. The property features approximately 48,254 square feet of warehouse/manufacturing space and an additional 2,204 square feet of finished office space, complete with heating and air conditioning. Built between 1969 and 1988, the building boasts four loading docks and a freight elevator, enhancing operational efficiency. Ceiling heights range from 10 to 20 feet, providing ample vertical space for various uses. The property is offered at $756,870, with a price per square foot of $15. The lease type is NNN, and the property is currently vacant, making it ideal for immediate occupancy. The property's location in Clayton County, Iowa, zip code 52159, offers convenient access to transportation routes. This well-maintained facility presents a rare opportunity to acquire a substantial industrial property in a desirable location. The asking price reflects the property's size, features, and prime location.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monona
    County
    Clayton
    State
    Iowa
    Longitude
    -91.3936
    Latitude
    43.0437

    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
    $15,062
    $40,900
    $470,241
    $511,141
    -
    $40,900
    $470,241
    $511,141

    Comparable in this City

    • Value Estimation by Request
      1,000 SF

      824 Volney Rd

      WAREHOUSE, STORAGE • 1,000 SF
      824 Volney Rd, Monona, IA 52159-8542
      View Details
    • Value Estimation by Request
      3,200 SF

      11645 Echo Ave

      WAREHOUSE, STORAGE • 3,200 SF
      11645 Echo Ave, Monona, IA 52159-8103
      View Details
    • Value Estimation by Request
      640 SF

      304 Wn St

      WAREHOUSE, STORAGE • 640 SF
      304 Wn St, Monona, IA 52159
      View Details
    • Value Estimation
      $90,000
      5,184 SF

      20311 115th St

      MINI-WAREHOUSE, STORAGE • 5,184 SF
      20311 115th St, Monona, IA 52159-8002
      View Details
    • Value Estimation
      $215,000
      3,024 SF

      12800 Falcon Ave

      WAREHOUSE, STORAGE • 3,024 SF
      12800 Falcon Ave, Monona, IA 52159
      View Details
    • Value Estimation
      $205,000
      6,500 SF

      204 Oak St

      WAREHOUSE, STORAGE • 6,500 SF
      204 Oak St, Monona, IA 52159
      View Details

    Similar Nearby for Sale

    • $400,000
      5.18 Acres

      Monona Industrial/Commercial Opportunity

      Large industrial/commercial property with highway access in Monona, Iowa.
      301 W Spruce St, Monona, IA 52159
      View Details
    • $49,000

      Buildable Acreage Near Monona, Iowa

      3.76-acre buildable tract near Monona, Iowa with utilities nearby.
      Tbd Deer Rd, Monona, IA 52159
      View Details
    • $40,000
      1.55 Acres

      Commercial Land Near Highway 18

      1.55 acre commercial tract near Highway 18 in Monona, IA.
      18 Tbd Hwy, Monona, IA 52159
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    301 Spruce St
    Monona, IA 52159-8035
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.