Warehouse Unit with Overhead
For Sale
Under Contract
$285,000
11th Avenue, Spencer, IA 51301
COMMERCIAL, Spencer, IA
Property Size3,200 SF
Price / SF$89.06
Days on Market192
Property Features for 11th Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Driveway
Exterior features
High Visibility
Subdivision
Clay
Standard status
Active Under Contract
APN
963725254007
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
1
Utilities
Sewer type
Public Sewer
Heating system
Radiant
Water source
Public
Building Details
Year built
2023
Building materials
Steel Siding
Roof type
Metal
Listing Agency:
RE/MAX Lakes Realty · RE/MAX International
(712) 336-4967
Listed By:
Janie Eick · License #S66795
(712) 339-0574
Added: Feb 19
Changed: Aug 19
Last Checked: Aug 30 at 3:06PM
MLS# 260035
Copyright © 2026 Iowa Great Lakes 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.
Built in 2023, this warehouse unit occupies a 40 x 80 commercial bay within a multi-unit building. The structure features steel siding, a metal roof, radiant heating, a 14 x 14 overhead door with R18 insulation and openers, and 6-inch concrete flooring reinforced with fiberglass rebar. Thickened 16-inch perimeter edges, insulated attic construction with R50 cellulose, and fire-rated interior divider walls add to the building’s physical specifications.
Electrical service includes a 200 amp load center, LED high bay lighting, and exterior lighting. Floor and catch basin drains are installed, while plumbing is positioned for a future bathroom. The property has public water and public sewer, with natural gas service from Black Hills Energy and electricity from Iowa Lakes Electric. Located on 11th Avenue in Spencer, the unit offers exposure just off Hwy 71 and includes a driveway.
Electrical service includes a 200 amp load center, LED high bay lighting, and exterior lighting. Floor and catch basin drains are installed, while plumbing is positioned for a future bathroom. The property has public water and public sewer, with natural gas service from Black Hills Energy and electricity from Iowa Lakes Electric. Located on 11th Avenue in Spencer, the unit offers exposure just off Hwy 71 and includes a driveway.
Key Highlights
- 40 x 80 commercial unit in a multi‑unit building
- Built in 2023 with steel siding and a metal roof
- 14 x 14 overhead door with R18 insulation and openers
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 51301, IA
12,606
Population
6,096
Households
2.1
Avg Household Size
43
Median Age
28%
College-Educated
95%
High-School Grad
157.7 sq mi
ZIP Area
80
Density / Sq Mi
$61,175
Median Household Income
$38,961
Median Earnings
$796
Median Rent
$180,400
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Seversen Storage — 2924 11th Ave SW, Spencer, IA 51301, United States
Frequently Asked Questions
What type of property is this?
Warehouse - Newer multi-unit commercial space with reinforced flooring, utility service, and plumbing prepared for a future bathroom.
Where is this warehouse located?
The property is located at 11th Avenue Spencer, IA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 40 x 80 commercial unit in a multi‑unit building; Built in 2023 with steel siding and a metal roof; 14 x 14 overhead door with R18 insulation and openers
