$420,000
$20K PRICE DROP

6547 157th Trail Albia, IA 52531

Estimated payment $2,558/month

1.24 Acres
$338,710 Price per Acre
54,014 Sq Ft Lot

About This Lot

60x200 Country Shop with Living Quarters 4 Miles North of Albia
Just 4 miles north of Albia and only 1/8 mile off Highway 137, this 60x200 shop on just over 1 acre offers an outstanding combination of workspace, storage, income potential, and finished living space. Built in 2021, the building was designed with versatility in mind and is fully insulated with spray foam, heated, and set on a full concrete floor.

Shop Features
Five automatic overhead doors:
o(2) measuring 20 x 16
o(3) measuring 14 x 16
18-foot sidewalls, ideal for large equipment, vehicles, or commercial use.
Heated, insulated, and built for year-round functionality.
Main level (approx. 1,400 sq ft) includes office/kitchen, bathroom, storage space, and a concrete safe room.
Income potential: The east half of the shop is currently leased for $1,800/month, providing immediate rental income to the new owner.

Living Quarters
Finished 1,600 sq ft 1-bedroom living quarters located upstairs.
Upstairs kitchen includes a 4x8 insulated window that opens onto a future deck space, with an 18-foot header already in place for easy deck addition.
Modern, spacious layout suitable for full-time living or weekend stays.
Combined with the main-level office/storage, the building provides over 3,000 sq ft of finished interior space beyond the main shop area.

Location
Just over 1 acre, 4 miles north of Albia, IA.
Easy access, just 1/8 mile off Highway 137.
Rural setting with excellent usability for personal, agricultural, or business purposes.

Summary
This 60x200 shop offers the best of both worlds a high-quality, heated shop with tall sidewalls and oversized doors for equipment, plus spacious finished living and office quarters. With thoughtful touches like a future deck off the upstairs kitchen, a secure concrete safe room, and immediate rental income from an existing tenant, this property is well-suited for a wide variety of uses, from farm operations to business headquarters to unique live/work arrangements.

Listing Agent

Ryan Ammons

United Country Hawkeye Farm Mgmt & Real Estate - Albia Listed on: 09/29/2025

Listing Provided By

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,322

Lot Details

  • Property fronts a county road
  • Current uses include commercial
  • Potential uses include commercial

Property Details

Property Type

Land

Est. Annual Taxes

$4,322

Lot Details

0

Listing Details

  • Office Phone: 641-316-7478
  • Listing Website: https://www.land.com/property/1.24-acres-in-monroe-county-iowa/24976283/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: Commercial
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Exterior Features

  • Road Description: County, Gravel/Rock

Lot Info

  • Current Use: Commercial

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $4,322 $238,150 $10,810 $227,340
2023 $3,236 $306,250 $23,410 $282,840
2022 $282 $210,560 $18,010 $192,550
2021 $294 $18,010 $18,010 $0
2020 $298 $17,930 $17,930 $0
2019 $278 $15,480 $0 $0
2018 $278 $15,970 $0 $0
2017 $284 $18,130 $0 $0
2016 $402 $21,760 $0 $0
2015 $380 $20,470 $0 $0
2014 $380 $20,470 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2025 11/03/25 Price Changed $420,000 -4.5% --
09/29/2025 09/29/25 For Sale $440,000 -- --

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $3,625 None Available
Source: Public Records