Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1 Merle Hibbs/Lafrenz Marshalltown, IA 50158

    For Sale
    $2,508,928

    Lots & Land, Land - Marshalltown, IA

    Lot size:
    78.40 Acres
    Days on Market:
    308
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 1 Merle Hibbs/Lafrenz

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    831812301001
    Lot size
    78.40 Acres

    Building Details

    Architectural style
    Other

    Five Star Real Estate Group (641) 751-6338 [email protected]

    Listing agent Kristin Polley (641) 440-7007 License #***

    Listing date Feb 1, 2025

    MLS# 5635578 Listing URL

    Copyright © 2025 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Marshalltown Development Opportunity: 78.4 Acres

    This 78.4-acre property presents a development opportunity with close access to both Highway 30 and Highway 14. The seller is willing to divide the land to accommodate various development possibilities. The location is near commercial establishments such as Wal-Mart and Menards, as well as numerous restaurants and shopping locations. Situated within the Hoglan Elementary School zone, the property is also near Timber Creek Park and the Cross Country Estates neighborhood. Pin #8318-11-426-007 and Pin #8318-11-426-005 are zoned Traditional Neighborhood. Pin #8318-12-301-001 and Pin #8318-12-326-001, the two furthest east sections, are zoned R-2 and comprise approximately 79 acres.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Marshalltown
    County
    Marshall
    State
    Iowa
    Longitude
    -92.8931931275
    Latitude
    42.0140675063

    Nearby Similar for Sale

    • $399,900
      Pending

      Updated Commercial Office Building For Sale

      Fully updated commercial office building in downtown Marshalltown, Iowa.
      112 E Linn St, Marshalltown, IA 50158
      View Details
    • $275,000
      Pending

      Turnkey Office Building, Marshalltown, IA

      Well-maintained commercial office building with prime location and new roof.
      101 E Linn St, Marshalltown, IA 50158
      View Details
    • $105,000
      1,775 SF

      Marshalltown Duplex with Garage

      Well-maintained duplex with separate utilities and garage parking.
      502 N 3Rd Ave, Marshalltown, IA 50158
      View Details
    • $277,000
      3,860 SF

      Remodeled Commercial Building in Marshalltown

      Recently remodeled, handicap accessible commercial building suitable for various purposes.
      704 May St, Marshalltown, IA 50158
      View Details
    • $99,900
      Pending

      Charming Duplex with Income Potential

      Duplex with long-term tenant and potential for third unit.
      107 W Grant St, Marshalltown, IA 50158
      View Details
    • $239,999
      6,848 SF

      Corner Lot Commercial Building

      Spacious retail building on a corner lot in downtown Marshalltown.
      116 E Church St, Marshalltown, IA 50158
      View Details

    FAQs

    What type of property is this?
    Land - 78.4 acres near Highway 30 & 14 in Marshalltown, Iowa.
    Where is this land located?
    The property is located at 1 Merle Hibbs/Lafrenz Marshalltown, IA.
    What is the asking price?
    The asking price for this property is $2,508,928.
    What are key features of this property?
    This property features: - Large 78.40 total acres, perfect for development.; - Seller is willing to divide the land, providing flexible options.; - Convenient location with easy access to HWY 30 & 14.
    (641) 440-7007
    Request Owner's contact information
    1 Merle Hibbs/Lafrenz Marshalltown, IA 50158
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1 Merle Hibbs/Lafrenz
    Marshalltown, IA 50158
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Merle Hibbs/Lafrenz Marshalltown, IA 50158
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.