Mason Schramm
The Move Group
(605) 501-5991
236 Total Sales
1 in Vermillion
$500,000 Price
Great investment opportunity on commercial building in downtown Vermillion. 2 long term tenants rent this property. Seller is installing new flooring in USDA portion of the building in May. Roof was replaced in 2022. Listing agent has leases. Income and expense reports attached. Owner pays for utilities, cleaning ($400 monthly) snow, garbage, rugs. USDA lease expires 5-31-2028 and CCA lease month to month (waiting to extend long term).
Mason Schramm
The Move Group
(605) 501-5991
236 Total Sales
1 in Vermillion
$500,000 Price
Parker Erickson
Dakota Realty
(402) 882-7627
96 Total Sales
72 in Vermillion
$12K - $635K Price Range
Janel Pearson
NextHome Tri State Realty
(712) 900-0689
135 Total Sales
1 in Vermillion
$368,000 Price
Rachel Carlson
RE/MAX Experience
(605) 231-9791
83 Total Sales
2 in Vermillion
$90K - $300K Price Range
Terry Hoffman
NextHome Tri State Realty
(712) 639-6739
89 Total Sales
1 in Vermillion
$156,000 Price
Gregory Doohen
Keller Williams Realty Sioux Falls
(605) 640-5408
302 Total Sales
2 in Vermillion
$315K - $340K Price Range
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/31/2026 07/31/26 | Sold | $690,000 | -4.2% | $64 / Sq Ft | |
| 06/19/2026 06/19/26 | Pending | -- | -- | -- | |
| 03/02/2026 03/02/26 | For Sale | $720,000 | +56.5% | $67 / Sq Ft | |
| 04/01/2021 04/01/21 | Sold | $460,000 | -7.8% | $85 / Sq Ft | View Prior Sale |
| 02/17/2021 02/17/21 | Pending | -- | -- | -- | |
| 09/17/2020 09/17/20 | For Sale | $499,000 | -- | $92 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,581 | $384,263 | $57,816 | $326,447 |
| 2024 | $8,021 | $348,157 | $57,816 | $290,341 |
| 2023 | $7,807 | $297,439 | $50,424 | $247,015 |
| 2022 | $6,803 | $292,687 | $45,672 | $247,015 |
| 2021 | $6,132 | $267,327 | $43,560 | $223,767 |
| 2020 | $6,112 | $267,327 | $43,560 | $223,767 |
| 2019 | $6,351 | $267,327 | $43,560 | $223,767 |
| 2018 | $6,330 | $266,007 | $42,240 | $223,767 |
| 2017 | $6,612 | $266,007 | $42,240 | $223,767 |
| 2016 | -- | $264,687 | $40,920 | $223,767 |
| 2015 | -- | $264,687 | $40,920 | $223,767 |
| 2011 | -- | $260,727 | $36,960 | $223,767 |
Seller's Agent in 2026
Kris O'Connor
Dakota Realty
(605) 202-0608
74 Total Sales
OO
Buyer's Agent in 2026
Other Other
Other
(712) 255-8810
925 Total Sales
Source: Northwest Iowa Regional Board of REALTORS®
MLS Number: 831975
APN: 15530-02900-170-00
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