Lake-Iowa Realty

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1775 Balsam AvenueAlexander, IA 50420

Commercial · 5,512 Sq. ft.
$695,000 Active

1775 Balsam Avenue Overview

Time on Site:
377 days
Visits:
47

Main Shop built in 1999 with 16 x 34 office/breakroom. Geothermal heat with boiler back up and in floor radiant heat. 14 x 14 and 30 x 14 overhead doors. 20 x 26 addn' in 2009. Oil change pit and wash area. 240 3ph electrical. Manufacturing building 60 x 180, concrete floor with loading dock and 10 x 10 overhead door. 60 x 120 of this building has in floor radiant heat installed in 2012. Geo thermal heating and AC. 60 x 60 of this building is not currently heated. 480 3ph Electric. Middle storage building 60 x 140 Cold Storage partial concrete, 2 24 x 14 overhead doors. Solar panels on roof. Shed 24 x 40 Overhead door. Shed 18 x 32 partial concrete, Sliding door.

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1775 Balsam Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 5,512
  • Price/Sq.ft. $126

Details

General

Listing Information

  • Contingency: None

Building Information

  • Year Built: 1999

Business Information

  • Current Use: Commercial,Manufacturing,Office,Storage Facility

Location/Region

  • County Or Parish: Franklin
  • Postal City: Alexander

Tax Information

  • Tax Annual Amount: 1930
  • Tax Year: 2024

General Information

  • Parcel Number: 0508101026
  • Possible Use: Agricultural,Industrial,Office,Services,Warehouse,Wholesale
  • Property Sub Type: Storage Facility
  • Property Type: Commercial Sale

Interior

Parking Information

  • Garage Spaces: 8

Building Interior

  • Building Area Total: 5512

General Information

  • Accessibility Features: None
  • Heating: Forced Air,Geothermal,Other
  • Living Area Units: Square Feet

Exterior

Parking Information

  • Open Parking Spaces: 1
  • Parking Features: Gravel

Lot Information

  • Lot Size Dimensions: 2.17 Acres
  • Lot Size Units: Acres
  • Water Source: Private,Well

Building Exterior/Construction

  • Architectural Style: Storage Facility
  • Construction Materials: Metal Siding

General Information

  • Number Of Units Total: 0
  • Sewer: Private Sewer,Tank with Drainage Field
  • Utilities: Heating Separate

1775 Balsam Avenue Neighborhood

Community

50420 (ALEXANDER) Demographics

39
Median Age
7
Population Density (per sq. mile)
40%
College Educated
$65,083
Estimated Median Income
83
Estimated Total Home Owners
40
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1775 Balsam Avenue Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1775 Balsam Avenue Market Data

Based on the last 30 days in this zip code

$74,000
Average List Price
$50
Average Price per Square Foot
0
Properties Sold
64
Average Days on Market
1
Properties for Sale
Calculations provided by Reliance Network

1775 Balsam Avenue History

Date Event Value Agent
5/22/2026Source: NoCoast MLS Price Reduction
$695,000 -6.7%
2/25/2026Source: NoCoast MLS Price Reduction
$745,000 -5.1%
6/18/2025Source: NoCoast MLS Added to Database
June 18, 2025
Listing provided courtesy of Jaspersen Insurance & Real EstateNoCoast MLS- MLS# 6328789MLS Provider