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
    The Largest CRE Database in the US with Over 1 Million Listings

    1501 S 7Th Ave Marshalltown, IA 50158

    Sponsored
    For Sale
    Under Contract
    $49,500

    LAND - Other - Marshalltown, IA

    Lot size:
    2.39 Acres
    Days on Market:
    8
    Last Refresh:
    Jan 28 at 10:06 am

    Property Features for 1501 S 7Th Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    8318-01-151-005
    Lot size
    2.39 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Matthew Brodin
    Matthew Brodin

    Premier Real Estate Group, Inc. (641) 754-5678

    Listing agent Matthew Brodin (641) 754-5678

    Listing date Jan 21, 2026

    MLS# 6317903 Listing URL

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    Residential Land in Marshalltown, Iowa

    This 2.39-acre lot, zoned for high-density residential development, presents a development opportunity. The zoning allows for multiple options, including apartments and duplexes. The property is conveniently located near schools and stores. It is located in Marshalltown, Iowa.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marshalltown
    County
    Marshall
    State
    Iowa
    Longitude
    -92.901622
    Latitude
    42.030233

    Nearby Similar for Sale

    • New
      Contact for pricing
      223.69 Acres

      Productive Farmland Auction - Marshalltown, IA

      223.69 acres of farmland available via online auction.
      14th State Hwy, Marshalltown, IA 50158
      View Details
    • $105,000
      Pending

      Marshalltown Multifamily Property For Sale

      Well-maintained duplex with separate utilities and potential for conversion.
      502 N 3Rd Ave, Marshalltown, IA 50158
      View Details
    • $699,000

      Marshalltown Commercial Property For Sale

      Commercial property with tenant and owner-occupied spaces on 3.19 acres.
      110 W Madison St, Marshalltown, IA 50158
      View Details
    • $252,500
      2,857 SF

      Marshalltown Duplex: Investment Opportunity

      Clean, move-in ready duplex with rental income potential.
      2307 Maple Blvd, Marshalltown, IA 50158
      View Details
    • Contact for pricing
      157.82 Acres

      Farmland Auction Near Marshalltown, Iowa

      157.82 acre farm near Marshalltown, IA. Bidding ends March 5th, 2026.
      State Hwy 14, Marshalltown, IA 50158
      View Details
    • $950,000
      48,400 SF

      Marshalltown Downtown Commercial Building For Sale

      Five-story commercial building in downtown Marshalltown with modern office space.
      11 E Church St, Marshalltown, IA 50158
      View Details
    • $955,000
      18,460 SF

      Downtown Marshalltown Multitenant Office Building

      18,460 SF office building in downtown Marshalltown.
      202 W State St, Marshalltown, IA 50158
      View Details
    • $1,950,000
      49,673 SF

      Marshalltown Data Center Opportunity

      49,673 SF former data center on 12.45 acres.
      1706 Governor Rd, Marshalltown, IA 50158
      View Details
    • Contact for pricing
      91,694 SF

      Redevelopment Opportunity in Historic District

      2.35-acre site with redevelopment potential in Marshalltown's historic district.
      312 E Main St, Marshalltown, IA 50158
      View Details
    • $269,000
      33,000 SF

      33,000 SF Warehouse For Sale

      33,000 SF warehouse with one dock door.
      817 E State St, Marshalltown, IA 50158
      View Details
    • $249,900
      7,340 SF

      Marshalltown Commercial Building For Sale

      Spacious Warehouse, Shop & Storage. Great Potential!
      920 Turner St, Marshalltown, IA 50158
      View Details
    • $119,900

      Marshalltown Office Building Investment

      Prime location, multiple offices, rental potential.
      25 Center St, Marshalltown, IA 50158
      View Details

    FAQs

    What type of property is this?
    Land - 2.39 acre lot zoned for high density residential development.
    Where is this land located?
    The property is located at 1501 S 7Th Ave Marshalltown, IA.
    What is the asking price?
    The asking price for this property is $49,500.
    What are key features of this property?
    This property features: - Large 2.39 acre lot; - Zoned high density residential; - Development potential: apartments, duplexes, etc.
    (641) 691-1185
    Request Owner's contact information
    1501 S 7Th Ave 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.
    1501 S 7Th Ave
    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 Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1501 S 7Th Ave 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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Matthew Brodin
    Matthew Brodin
    Real Estate License ID: ***
    (641) 691-1185
    Learn more
    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.