Listing Agency: Zomer Company

Listed By: Mark Zomer Show Phone

Added: Jul 2 Changed: Aug 4 Last Checked: Sep 3 at 11:06PM

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MLS# 11865299

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Investment Insights

Based on property information with market context.

This distribution center is currently utilized as a grain elevator and grain storage operation with agronomy services. The main office complex is approx. 1,320 SF and built in 2019, featuring two offices, a reception/scale control area, and two restrooms/laundry and shower in excellent condition. Attached to the office is a 70 x 102 warehouse with concrete floors, currently used for agronomy services, including a heated storage area.

The site includes a Rice Lake 125,000 LB truck scale installed new in 2019, a Brock Brand bin with 500,000 bushel capacity built in approx. 2006, and four approx. 96,000 bushel capacity concrete grain silos. Conveyors were relined in 2024 (lower conveyors) and approx. 2019 (upper conveyors). The main receiving silo has 10 overhead bins with 4,500 to 5,000 bushel capacity, and six main receiving silos have 15,000 to 24,000 bushel capacity. Additional features include two dump pits and grain leg for receiving capacity. Warehouse buildings are not insulated, and a grain dryer on-site is currently not functional.

Additional structures include an approx. 100 x 264 warehouse with concrete floors and overhead leg, and an approx. 40 x 180 building with concrete floors where approx. 1/3 is heated and insulated shop area and the remainder is cold storage. Sellers prefer one parcel but may consider separate parcel options.

Key Highlights

• Main receiving system supports approx. 1,690,000 bushels total storage capacity
• Rice Lake 125,000 LB truck scale installed new in 2019 with scale controls
• Brock Brand grain bin with 500,000 bushel capacity built in approx. 2006

Property Analytics

Property Profile

Current Use

First Cooperative Advertising Agency

Suggested Use

Top Pick Dental Office Auto Repair Shop Restaurant Electrical Service Kitchen & Bath Showroom Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

155

Businesses Nearby

Explore this area Business Placement

Demographics for 50554, IA

1,649

Population

809

Households

2

Avg Household Size

44

Median Age

18%

College-Educated

90%

High-School Grad

92.3 sq mi

ZIP Area

18

Density / Sq Mi

$63,618

Median Household Income

$41,845

Median Earnings

$738

Median Rent

$85,600

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 distribution centers 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?

Distribution center - Well-maintained grain storage and agronomy services distribution facility with truck scale, multiple warehouses, and concrete grain silos.

Where is this distribution center located?

The property is located at 400 Walnut St Laurens, IA.

What is the asking price?

The asking price for this property is $529,000.

What are key features of this property?

This property features: Main receiving system supports approx. 1,690,000 bushels total storage capacity; Rice Lake 125,000 LB truck scale installed new in 2019 with scale controls; Brock Brand grain bin with 500,000 bushel capacity built in approx. 2006