6452 220th Schaller, IA 51053
This exceptional 7,296-square-foot commercial property, located at 6452 220th St in Schaller, Iowa, presents a compelling investment opportunity. Situated on a 1.99-acre lot with 468 feet of frontage and 172 feet of depth along US Highway 20, this Class B building offers significant visibility and accessibility. Built in 2015, the structure is a single-tenant, vacant Astra brand metal building, combining 1,296 square feet of office space with 6,000 square feet of clear-span, non-insulated warehouse space. The warehouse boasts a 15'x20' overhead door and impressive 16.5-foot ceiling height to the bottom of the trusses. The property features a gravel parking lot. The asking price is $425,000, translating to $58.25 per square foot. Annual property taxes are $3,006, with a land tax value of $28,600 and an improvement tax value of $113,806. The property is zoned for commercial use, however, a deed restriction prohibits the sale or distribution of agricultural chemicals, seed, or fertilizer for 20 years. This versatile property is ideal for a variety of commercial applications or storage needs. The APN is 06-01-126103. The property is located in Sac County, Iowa, zip code 51053.
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
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.