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Heated Industrial Warehouse Space
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21035 240th Street, Grundy Center, IA 50638

Heated and cooled warehouse with multiple overhead doors, substantial power, and two restrooms.

Property Size9,370 SF
Days on Market288

Property Features for 21035 240th Street

General Information

Standard status Active
Size 9,370 SF
Property subtype Commercial
Zoning M-1
Lease Type Gross

Warehouse & Industrial

Drive-In Doors 4
Heavy Power Yes

Taxes and HOA fees

Annual Taxes $44,410

Amenities

Concrete
38.11
9370

Building Details

Building Size 9,370 SF
Year Built 1942
Stories 1
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Karrie Schultz · License #B63691000
Source: Pinnaclerealtyia
Added: Dec 23, 2025 Changed: Oct 3 Last Checked: Oct 7 at 10:36AM

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 GLD Commercial Real Estate Advisors

Investment Insights

Based on property information with market context.

This heated and cooled industrial/warehouse space offers a functional mix of loading and tenant support features. The unit includes two 12x10 street-level overhead doors and two 10x10 overhead doors, providing flexible access for deliveries and light staging. Electrical capacity is supported by 220 and 440 AMP power, and the property includes air compressor lines for compatible operations. Two restrooms are also available within the space.

The property is offered for lease and is located at 21035 240th Street in Grundy Center, IA. Tenant responsibility is clearly outlined: the tenant pays all utilities.

The configuration should work well for tenants needing straightforward, door-forward warehouse use with climate control and electrical service appropriate for industrial equipment. The presence of air compressor lines and higher-amperage power adds practicality for businesses that rely on compressed air and electrical-driven processes, while the two restroom facilities support everyday on-site staffing needs.

Key Highlights

  • 9,370 SF heated and cooled industrial/warehouse space for lease
  • Lot size: 38.11 acres
  • (2) 12x10 street level overhead doors and (2) 10x10 overhead doors

Property Analytics

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Current Use

Best Veneer Company Building Supply

Suggested Use

Top Pick Plumbing Service Auto Parts Store Big Box & Wholesale Store Kitchen & Bath Showroom Building Supply Auto Repair Shop

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

4
Drive-in doors
Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby
Well-served
Demand for This Use

Demographics for 50638, IA

3,411
Population
1,535
Households
2.2
Avg Household Size
43
Median Age
25%
College-Educated
97%
High-School Grad
94.0 sq mi
ZIP Area
36
Density / Sq Mi
$79,500
Median Household Income
$47,214
Median Earnings
$681
Median Rent
$181,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Heated and cooled warehouse with multiple overhead doors, substantial power, and two restrooms.
Where is this warehouse located?
The property is located at 21035 240th Street Grundy Center, IA.
What are key features of this property?
This property features: 9,370 SF heated and cooled industrial/warehouse space for lease; Lot size: 38.11 acres; (2) 12x10 street level overhead doors and (2) 10x10 overhead doors
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