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New Flex Space with Overhead Door
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B-31 Dale Lee Dr, Palo, IA 52324

Newly constructed commercial space with insulated interiors, finished surfaces, and dedicated electrical service.

Space Size2,400 SF
Days on Market13

Property Features for B-31 Dale Lee Dr

General Information

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

Space & Availability

Available Space 2,400 SF
Contiguous Space 2,400 SF

Lease Terms

Lease Rate $1,500 /USD/MO
Monthly Rent $1,500
Rent per SF/Year $7.50

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Power 200 amps
Listing Agency: SKOGMAN REALTY
Listed By: Heather Morris · License #B34461000
Source: Exprealty
Added: Aug 12 Changed: Aug 20 Last Checked: Aug 24 at 9:42AM

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.

Suite B is newly constructed flex space configured as a 40-by-60-foot commercial shop or warehouse. The building includes full insulation, finished ceilings and walls, 200 AMP electrical service, a centered box floor drain, a 12-by-14-foot overhead door, and an ADA service door. An optional bathroom is available, and the lease structure is gross with a minimum one-year term.

Located at B-31 Dale Lee Dr in Palo, Iowa, the property offers access from a highway bypass and is approximately 15 minutes from CR. The road and approach are planned for paving, with an additional parking opportunity. The landlord covers master insurance, lawn care, and snow removal; tenants are responsible for utilities and trash.

Key Highlights

  • Newly constructed 40' x 60' flex shop or warehouse suite
  • 12' x 14' overhead door plus ADA service door
  • Full insulation with finished ceiling and walls

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Electrical Service Real Estate Agency Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden 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

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 constructed commercial space with insulated interiors, finished surfaces, and dedicated electrical service.
Where is this flex space located?
The property is located at B-31 Dale Lee Dr Palo, IA.
What are key features of this property?
This property features: Newly constructed 40' x 60' flex shop or warehouse suite; 12' x 14' overhead door plus ADA service door; Full insulation with finished ceiling and walls
More about this property
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