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New Warehouse Shop Suite
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D-31 Dale Lee Dr, Palo, IA 52324

Newly constructed warehouse space with insulated interiors, substantial electrical service, and highway bypass access.

Space Size2,400 SF
Days on Market13

Property Features for D-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
Lease Term 12 months

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 21 Last Checked: Aug 23 at 7:23AM

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 warehouse suite provides a 40-by-60-foot shop layout with a 12-by-14-foot overhead door and a separate ADA service entrance. The interior includes full insulation, finished walls and ceilings, 200 AMP electrical service, and a centrally positioned box floor drain. A bathroom can be added to the suite.

Located on Dale Lee Dr in Palo, Iowa, the property offers convenient access from a highway bypass. The road and approach are planned for paving, with additional parking opportunity available. The landlord covers master insurance, lawn care, and snow removal, while the tenant is responsible for utilities and trash. A minimum one-year lease applies.

Key Highlights

  • 40' x 60' warehouse shop suite
  • 12' x 14' overhead door plus ADA service door
  • Full insulation with finished ceilings and walls

Property Analytics

Current Use

Warehouses

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

Lease Benchmarks for Palo, IA

$8 /SF/Yr
Avg Asking Price
$7.5–$8.5 /SF/Yr
Price Range
11,280 SF
Avg Space Size

This space is priced 6% below the average of $8 /SF/Yr.

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Dry Creek Mini Storage, LLC 115 Dry Creek Ct, Palo, IA 52324
  • Palo Storage 105 Freese Ct, Palo, IA 52324
  • DJ Storage 36 Vinton St, Palo, IA 52324
  • Shakespeare Storage 105 Freese Ct, Palo, IA 52324

Frequently Asked Questions

What type of property is this?
Warehouse - Newly constructed warehouse space with insulated interiors, substantial electrical service, and highway bypass access.
Where is this warehouse located?
The property is located at D-31 Dale Lee Dr Palo, IA.
What are key features of this property?
This property features: 40' x 60' warehouse shop suite; 12' x 14' overhead door plus ADA service door; Full insulation with finished ceilings and walls
More about this property
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