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New Construction Warehouse with Overhead Door
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149 Dale Lee Drive B, Palo, IA 52324

Insulated warehouse space with finished interiors, substantial electrical service, and a floor drain.

Space Size2,400 SF
Days on Market9

Property Features for 149 Dale Lee Drive B

General Information

Standard status Active
Size 2,400 SF
Net Rentable 2,400 SF
Lease Type Gross

Space & Availability

Available Space 2,400 SF
Contiguous Space 2,400 SF
Space Use Warehouse

Lease Terms

Lease Rate $1,500 /USD/MO
Monthly Rent $1,500-$1,700
Rent per SF/Year $7.50-$8.50
Lease Term 12 months

Site & Location

Highway Access Yes
Road Access Yes

Warehouse & Industrial

Warehouse Space 2,400 SF
Power 200 amps

Building Details

Year Built 2023
Listing Agency: SKOGMAN REALTY
Listed By: Heather Morris · License #B34461000
Source: Kwlegacyrealty
Added: Sep 14 Last Checked: Sep 21 at 10:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SKOGMAN REALTY

Investment Insights

Based on property information with market context.

This newly constructed warehouse offers a 40' x 60' shop with a 12' x 14' overhead door, ADA service entrance, and centered box floor drain. The interior is fully insulated with finished walls and ceilings, and the building is equipped with 200 AMP electrical service. A bathroom can be added as part of the lease configuration.

Located at 149 Dale Lee Drive B in Palo, the property is approximately 15 minutes from CR with access via the HWY bypass. The road and approach are planned for paving, with additional parking opportunity noted. The gross lease includes the landlord’s master insurance policy, lawn care, and snow removal; the tenant is responsible for utilities and trash. A minimum one-year lease applies.

Key Highlights

  • Newly constructed in 2023
  • 40' x 60' shop with a 12' x 14' overhead door
  • 200 AMP electrical service with full insulation and finished interiors

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Electrical Service Grocery & Convenience Store Real Estate Agency Garden Center (Bike/Boat/Book/etc) Store

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

Yes
Highway access
Yes
Paved road access
Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

50
Businesses Nearby
Well-served
Demand for This Use

Demographics for 52324, IA

2,476
Population
723
Households
3.4
Avg Household Size
38
Median Age
30%
College-Educated
99%
High-School Grad
41.9 sq mi
ZIP Area
59
Density / Sq Mi
$109,432
Median Household Income
$58,347
Median Earnings
$861
Median Rent
$320,900
Median Home Value

Market

Lease Benchmarks for Palo, IA

$8 /SF/Yr
Avg Asking Price
$7.5–$8.5 /SF/Yr
Price Range
11,360 SF
Avg Space Size

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Dry Creek Mini Storage, LLC 115 Dry Creek Ct, Palo, IA 52324
  • Palo Storage 105 Freese Ct, Palo, IA 52324
  • Shakespeare Storage 105 Freese Ct, Palo, IA 52324
  • DJ Storage 36 Vinton St, Palo, IA 52324

Frequently Asked Questions

What type of property is this?
Warehouse - Insulated warehouse space with finished interiors, substantial electrical service, and a floor drain.
Where is this warehouse located?
The property is located at 149 Dale Lee Drive B Palo, IA.
What are key features of this property?
This property features: Newly constructed in 2023; 40' x 60' shop with a 12' x 14' overhead door; 200 AMP electrical service with full insulation and finished interiors
More about this property
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