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New Flex Space with Overhead Door
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31 Dale Lee Drive Unit E, Palo, IA 52324

Newly built commercial space with insulation, finished interiors, and flexible warehouse or shop functionality.

Space Size2,400 SF
Days on Market20

Property Features for 31 Dale Lee Drive Unit E

General Information

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

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
Rent per SF/Year $7.50
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 2026
Listing Agency: SKOGMAN REALTY
Listed By: Heather Morris
Source: Cbhrealty
Added: Aug 10 Changed: Aug 28 Last Checked: Aug 29 at 11:08AM

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 flex property offers a 40' x 60' commercial shop or warehouse suite with a 12' x 14' overhead door and an ADA service entrance. The interior includes full insulation, completed walls and ceiling surfaces, 200 AMP electrical service, and a centrally located box floor drain. A bathroom option is available for the suite.

Located at 31 Dale Lee Drive, Unit E, in Palo, the property is approximately 15 minutes from CR with access from the highway bypass. The road and approach are scheduled to be paved, and additional parking may be available. The landlord covers the master insurance policy, lawn care, and snow removal; tenants are responsible for utilities and trash. A minimum one-year lease applies.

Key Highlights

  • 40' x 60' commercial shop or warehouse suite
  • 12' x 14' overhead door plus ADA service door
  • 200 AMP electrical service with centered box floor drain

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Real Estate Agency Electrical Service Garden Center Auto Repair Shop Grocery & Convenience 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
NNN (Triple Net)
Lease Type
$1.13 /SF/Yr
CAM

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

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
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Frequently Asked Questions

What type of property is this?
Flex space - Newly built commercial space with insulation, finished interiors, and flexible warehouse or shop functionality.
Where is this flex space located?
The property is located at 31 Dale Lee Drive Unit E Palo, IA.
What are key features of this property?
This property features: 40' x 60' commercial shop or warehouse suite; 12' x 14' overhead door plus ADA service door; 200 AMP electrical service with centered box floor drain
More about this property
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