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Heated Warehouse With Dock
For Sale
$650,000

23406 Hwy 75, Merrill, IA 51038

Commercial, Merrill, IA

Property SizeContact for details
Lot Size3.02 Acres
Days on Market175

Property Features for 23406 Hwy 75

General Information

Property type Commercial Sale
Property subtype Other
Zoning C
Lot features Level Lot
Directions Google maps
Subdivision Surrounding Areas/Other Areas
Standard status Active
APN 18-11-154-007
Lot size 3.02 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PT SW 1/4 NW 1/4
Tax Annual Amount 6256
Legal Description PT SW 1/4 NW 1/4

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1981
Roof type Metal
Listing Agency: Keller Williams Siouxland · Keller Williams Realty
Listed By: Mark Vos
Added: Mar 23 Changed: Sep 9 Last Checked: Sep 13 at 5:06PM
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 14-foot overhead doors serve the north end, while the south end provides a dock and a 12-foot overhead door.

A separate 1,120-square-foot office building adds additional workspace and includes its own bathroom. The site contains 3.02 acres at 23406 Hwy 75 in Merrill, Iowa, and is zoned C. Metal roofing is reported for the property.

Key Highlights

  • 11,200‑square‑foot warehouse on 3.02 acres
  • Two 14‑foot ground‑level overhead doors at the north end
  • South‑end loading dock with one 12‑foot overhead door

Property Analytics

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Current Use

Warehouses

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse property with office areas, storage rooms, climate control, and multiple ground-level loading doors.
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 warehouse on 3.02 acres; Two 14‑foot ground‑level overhead doors at the north end; South‑end loading dock with one 12‑foot overhead door
More about this property
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