Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    605 South 22Nd St, Unit A Fort Dodge, IA 50501

    Sponsored
    For Lease
    $6 SF/Yr ($4,000 /Mo)

    Warehouse - Fort Dodge, IA

    Type:Warehouse
    Property size:
    8,000 SF
    Lot size:
    1.62 Acres
    Days on Market:
    221
    Last Refresh:
    Feb 5 at 10:06 pm

    Property Features for 605 South 22Nd St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Warehouse
    Standard status
    Active
    Security features
    Security Lighting, Security System
    Zoning
    LI
    Interior features
    Restroom-private, Security System
    Size
    8,000 SF
    Lot size
    1.62 Acres

    Utilities

    Heating system
    Other (Heating)
    Cooling system
    None (Cooling)

    Building Details

    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Aluminum Siding
    Roof type
    Aluminum
    Architectural style
    Other

    We can help!

    Listing Contact
    Todd McCubbin

    Kesterson Realty Inc (515) 955-7714

    Listing agent Todd McCubbin (515) 955-7714

    Listing date Jun 30, 2025

    MLS# 26311 Listing URL

    Copyright © 2026 Fort Dodge 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.

    Learn more

    Property Insight Report

    Overview

    Fort Dodge Light Industrial Warehouse

    Available for lease is an 8,000 sq ft light industrial warehouse located at 605 South 22nd Street in Fort Dodge. The property includes two 14 ft overhead doors, 18-ft ceilings, a loading dock, and a bathroom. The owner is open to negotiating build-out options. This property offers functionality for a variety of industrial or commercial uses in a Fort Dodge location. The property is located on a 1.62 acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Spring Valley Roofing ... Roofing Company Clear Image Glass ... General Contractor Arndt's Auto & Diesel ... Auto Repair Shop Clavin Painting Painting Service

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    WCL Storage, carlsonstorage.com, In Town Mini Storage, Newco Storage, All Purpose Storage

    Location Insight

    • Map
    • Local Demand
    City
    Fort Dodge
    County
    Webster
    State
    Iowa
    Longitude
    -94.1678622
    Latitude
    42.4998287

    Nearby Similar for Lease

    • $1,300 /Mo
      1,099 SF

      Turnkey Medical Office in Fort Dodge

      Move-in ready medical office space in a convenient Fort Dodge location.
      3 N 17Th St, Fort Dodge, IA 50501
      View Details
    • $25 SF/Yr
      9,077 SF

      Prime Retail Space in Fort Dodge

      Versatile retail space with modern amenities in a convenient location.
      2817 3Rd Ave N, Fort Dodge, IA 50501
      View Details
    • $25 SF/Yr
      9,077 SF

      Corridor Plaza Medical Office Space

      Fort Dodge, IA medical office suites available.
      2817 3Rd Ave, Fort Dodge, IA 50501
      View Details

    FAQs

    What type of property is this?
    Warehouse - 8,000 sq ft warehouse with loading dock for lease.
    Where is this warehouse located?
    The property is located at 605 South 22Nd St, Unit A Fort Dodge, IA.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - 8,000 sq ft light industrial warehouse space.; - Competitive lease rate of $6 per sq ft.; - Features two 14 ft overhead doors and a loading dock.
    (515) 571-2110
    Request Owner's contact information
    605 South 22Nd St, Unit A Fort Dodge, IA 50501
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    605 South 22Nd St, Unit A
    Fort Dodge, IA 50501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    605 South 22Nd St, Unit A Fort Dodge, IA 50501
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Todd McCubbin
    (515) 571-2110
    Learn more
    Google sign-in failed. Please try again or use another login method.