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: Sep 16 Last Checked: Sep 28 at 5:06AM

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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.

The property includes an 11,200-square-foot red steel-framed warehouse built in 1981. The building has a full concrete floor, forced-air heat, central air, a bathroom, office space, and storage rooms. Two ground-level 14' overhead doors serve the north end, while the south end provides a dock and one 12' door. A separate 1120-square-foot office building with its own bathroom is also included.

The site encompasses 3.02 acres at 23406 Hwy 75 in Merrill, Iowa. Zoning is C. The warehouse has a metal roof and combines industrial work areas with dedicated office and support space.

Key Highlights

• 11,200 square foot red steel‑framed warehouse
• 3.02‑acre site at 23406 Hwy 75, Merrill, IA 51038
• Two ground‑level 14' overhead doors on the north end

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Auto Repair Shop Hair Salon 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

1

Dock-high doors

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

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Warehouse - Warehouse property with office areas, storage rooms, dock access, and a separate office building.

Where is this warehouse located?

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

What is the asking price?

The asking price for this property is $650,000.

What are key features of this property?

This property features: 11,200 square foot red steel‑framed warehouse; 3.02‑acre site at 23406 Hwy 75, Merrill, IA 51038; Two ground‑level 14' overhead doors on the north end