The property is an auto shop building constructed in 2019, containing 10,700 square feet total with 9,600 square feet of shop/work space and a 1,100-square-foot office area. The work area is served by four extra-tall overhead doors. The office includes two bathrooms, a break room with kitchenette, and a customer seating area. Heating is provided by a waste-oil system with propane available as backup. Nearly the entire exterior is covered with new concrete. The building is located just off the intersection of four-lane Highway 20 and Highway 31 in Correctionville, Iowa.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$21k

Tax billed · 2023

Assessed value · 2024$646k

Assessed land$18k

Assessed improvement$628k

Effective rate3.20%

Value estimate

· Nov 2026

$355k

$320k – $391k

CAP approach$725k

Submarket $/SF estimate$928k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWOODBURY

Location intelligence

Which uses thrive at this corner?

Best fit: Parking Facility

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Parking Facility9.3

Dental Office8.7

Storage Facility8.5

307 Sioux Ave Correctionville, IA 51016-1101

County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 6 properties nearby

Address Sale price Sold Size

313 5th, Correctionville, IA 51016-7710 $30,000 Mar 2025 450 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$510,000

7,200 SF

1319 Hackberry St

LIGHT INDUSTRIAL

1319 Hackberry St, Correctionville, IA 51016-7744

View Details
Value Estimation
$215,000

6,000 SF

4251 160th St

LIGHT INDUSTRIAL

4251 160th St, Correctionville, IA 51016

View Details
Value Estimation
$265,000

3,600 SF

531 Driftwood St

LIGHT INDUSTRIAL

531 Driftwood St, Correctionville, IA 51016-7772

View Details
Value Estimation
$100,000

3,500 SF

Correctionville, IA 51016

LIGHT INDUSTRIAL

Correctionville, IA 51016

View Details
Value Estimation
$90,000

1,040 SF

Correctionville, IA 51016

LIGHT INDUSTRIAL

Correctionville, IA 51016

View Details
Value Estimation by Request
450 SF

313 5th St

LIGHT INDUSTRIAL

313 5th St, Correctionville, IA 51016-7710

View Details

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307 Sioux Ave Correctionville, IA 51016

Property summary