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    604 3Rd Ave Marshalltown, IA 50158

    For Sale
    $299,900

    Versatile 2.82-acre lot with multiple buildings.

    Property size:
    1,536 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property in Marshalltown, Iowa, presents a unique investment opportunity. Situated on a generous 2.82-acre lot, the property boasts a main 1,536 square foot office building constructed in 1999. This masonry structure features a blend of office space and showroom areas, providing ample versatility. In addition to the main building, a smaller, mobile structure is included, equipped with electricity, insulation, and electric heat. A significant asset is a third building, measuring 48 x 96 feet (4,800 square feet), constructed of block with overhead and sliding doors. While this building has a flat roof with some leakage, it offers substantial space with numerous potential uses. The large warehouse building provides ample room for various applications. The property also features extensive open parking, accommodating numerous vehicles. The exact number of parking and garage stalls is adaptable depending on the future use of the property. This property is being offered for sale or as a triple net lease. The combination of buildings, generous land area, and flexible space makes this an ideal opportunity for a wide range of commercial ventures.

    Property Features for 604 3Rd Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,536 SF
    Lot Size
    122,839 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Marshalltown
    County
    Marshall
    State
    Iowa
    Longitude
    -92.90377
    Latitude
    42.04235

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile 2.82-acre lot with multiple buildings.
    Where is this commercial real estate located?
    The property is located at 604 3Rd Ave Marshalltown, IA.
    What is the asking price?
    The asking price for this property is $299,900.
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    604 3Rd Ave Marshalltown, IA 50158
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    Marshalltown, IA 50158
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    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
    604 3Rd Ave Marshalltown, IA 50158
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