Building Details

Year built 1981

Roof type Metal

Listing Agency: Keller Williams Siouxland · Keller Williams Realty k***@kw.com Show Phone

Listed By: Mark Vos Show Phone

Added: Mar 23 Changed: Aug 12 Last Checked: Aug 25 at 6:06PM

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MLS# 832209

Copyright © 2026 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1981 warehouse property at 23406 Hwy 75 includes an 11,200-square-foot red steel-framed building with a full concrete floor, forced-air heat, central air, a bathroom, office space, and storage rooms. The building has two ground-level 14-foot overhead doors on one end, plus a dock and 12-foot overhead door on the other end. A separate 1,120-square-foot office building adds another bathroom and dedicated administrative space.

The improvements sit on 3.02 acres in Merrill, Iowa, with C zoning. The main building also features a metal roof, providing a durable industrial structure for warehouse and related commercial operations.

Key Highlights

• 11,200‑square‑foot red steel‑framed warehouse built in 1981
• Two ground‑level 14‑foot overhead doors
• Dock with one 12‑foot overhead door

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Hair Salon Auto Repair Shop Nail Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Drive-in doors

Location Intelligence

Trade Area within ½ mile

52

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 51038, IA

1,562

Population

685

Households

2.3

Avg Household Size

44

Median Age

20%

College-Educated

93%

High-School Grad

89.3 sq mi

ZIP Area

17

Density / Sq Mi

$88,864

Median Household Income

$41,429

Median Earnings

$181,800

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Warehouse - Steel-framed warehouse property with offices, storage, climate control, overhead doors, and dock access.

Where is this warehouse located?

The property is located at 23406 Hwy 75 Merrill, IA.

What are key features of this property?

This property features: 11,200‑square‑foot red steel‑framed warehouse built in 1981; Two ground‑level 14‑foot overhead doors; Dock with one 12‑foot overhead door